217 Mayfield Avenue, Waterloo, Ontario N2J3S6

Listing courtesy of CENTURY 21 GREEN REALTY INC..

$875,000
6
BD
2
BA

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List Price
$875,000
MLS®
X13487184
Days on Market
31
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
6
Bathrooms
2
Lot Size Dimensions
60.1 x 120.7 FT

Property Description

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. (id:5764)

Additional Information

Ownership
Freehold
Basement Features
Apartment in basement, N/A
Basement
Yes
View
View
Garage
Yes
Parking Spaces
5
Cooling
Central air conditioning
Country
Canada
Flooring
Laminate, Vinyl, Porcelain Tile
Sewer
Sanitary sewer
Community Features
School Bus
Heating
Forced air, Natural gas
Lot Features
Irregular lot size, Sump Pump
Architectural Style
Bungalow
Stories
1

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