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Back to search Home Countries Canada Waterloo 217 Mayfield Avenue
$875,000

217 Mayfield Avenue

217 Mayfield Avenue
6 beds 2 baths Tenant

Property facts

Property type
Tenant
Bedrooms
6
Bathrooms
2
Parking
private
Taxes (as supplied)
2025

Only details supplied with this listing are shown. Ask the listing contact to confirm measurements, taxes and costs.

About this home

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.

Location

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Listing information

Original source
waterloo.listing.ca
Added to Mirror

Added and updated dates describe the Mirror record. Source publication and verification dates are shown separately when known; none establishes time on market. Confirm current price and availability with the listing contact.

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