$875,000
Available - For Sale
Listing ID: X13487184
217 Mayfield Avenue , Waterloo, N2J 3S6, Waterloo
| Rare Find! Highly auspicious North-facing VASTU-compliant home; Fully Renovated LEGAL DUPLEX - Turnkey & Positive Cash Flow. Minutes from 3 universities 3+2 Bedrooms 2 Full Baths, 2 Kitchens. Detached bungalow on a large lot in a quiet, family-friendly avenue in the desirable Lincoln Heights / Glenridge neighbourhood - within the boundary of top-rated schools. MAIN FLOOR: Spacious layout with a Large primary bedroom and walk-out to a private deck overlooking the backyard, plus two additional regular bedrooms. LEGAL BASEMENT: 2 Large bedrooms + Office room. Highlights: Over 2,000 sq ft of finished living space; Detached oversized garage + long driveway with ample parking; Currently rented to respectful, responsible university students who pay on time and care for the property; POSITIVE CASH FLOW from day one; Bonus upside - BUILD BIG LATER: This large lot qualifies as-of-right for up to a 4-unit, 4-storey building under Waterloo's December 2024 "FOUR Units, FOUR Storeys" bylaw - no rezoning, no variances. A complete conceptual fourplex design (3D model + floor plans) is available for serious buyers. A standout opportunity for homeowners & investors alike. No gimmicks. NO offer date. |
| Price | $875,000 |
| Taxes: | $4451.61 |
| Occupancy: | Tenant |
| Address: | 217 Mayfield Avenue , Waterloo, N2J 3S6, Waterloo |
| Acreage: | < .50 |
| Directions/Cross Streets: | University Ave / Conestoga Pkwy |
| Rooms: | 7 |
| Rooms +: | 6 |
| Bedrooms: | 3 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Apartment |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 19.84 | 11.48 | Laminate, Combined w/Dining, Bay Window |
| Room 2 | Main | Dining Ro | 19.84 | 11.48 | Laminate, Overlooks Frontyard, Large Window |
| Room 3 | Main | Kitchen | 16.73 | 10.17 | Laminate, Side Door, Breakfast Area |
| Room 4 | Main | Primary B | 10.82 | 13.02 | Laminate, W/O To Deck, Closet |
| Room 5 | Main | Bedroom 2 | 10.07 | 9.51 | Laminate, Closet, Window |
| Room 6 | Main | Bedroom 3 | 13.12 | 9.51 | Laminate, Closet, Window |
| Room 7 | Main | Bathroom | 9.68 | 4.92 | 3 Pc Bath, Porcelain Floor, Window |
| Room 8 | Basement | Kitchen | 14.1 | 13.12 | Vinyl Floor, Open Concept, Combined w/Living |
| Room 9 | Basement | Primary B | 11.15 | 10.99 | Vinyl Floor, Closet, Window |
| Room 10 | Basement | Bedroom 2 | 10.5 | 10.99 | Vinyl Floor, Closet, Window |
| Room 11 | Basement | Office | 13.45 | 10.99 | Vinyl Floor, Window |
| Room 12 | Basement | Bathroom | 5.74 | 4.59 | Vinyl Floor |
| Room 13 | Basement | Living Ro | 14.1 | 13.12 | Vinyl Floor, Combined w/Dining, Large Window |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Basement |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 3 | Basement |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 3 | Main |
| Washroom Type 12 | 3 | Basement |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | Bungalow |
| Exterior: | Brick |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 700-1100 |
| Property Features: | Place Of Wor, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| CENTURY 21 GREEN REALTY INC. |
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647-567-0593
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905-565-9565
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905-565-9522
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Style: | Bungalow |
| Tax: | $4,451.61 |
| Beds: | 3+3 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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