Property Information:

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:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Basement Type: N/A
Construction Style - Attachment: Detached
Exterior Finish: Brick
Floor Space: 700 - 1100 sqft
Flooring Type: Vinyl, Laminate, Porcelain Tile
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Water softener, Dishwasher, Dryer, Microwave, Range, Washer

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3+3
Bathrooms: 2
Amenities Nearby: Public Transit, Schools
Community Features: School Bus
Features: Irregular lot size, Sump Pump
Floor Space (approx): 700 - 1100 Square Feet
Irregular: Yes
Lot Depth: 120.7 Feet
Lot Frontage: 60.1 Feet
Lot Size: 60.1 x 120.7 FT
Structure Type: Deck
View Type: View
Zoning: Residential
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 5

Rooms:

2nd Bedroom Basement Level 3.20 m x 3.35 m
Office Basement Level 4.10 m x 3.35 m
Bathroom Basement Level 1.75 m x 1.40 m
Living Basement Level 4.30 m x 4.00 m
Kitchen Basement Level 4.30 m x 4.00 m
Primary Bedroom Basement Level 3.40 m x 3.35 m
Living Main Level 6.05 m x 3.50 m
Dining Main Level 6.05 m x 3.50 m
Kitchen Main Level 5.10 m x 3.10 m
Primary Bedroom Main Level 3.30 m x 3.97 m
2nd Bedroom Main Level 3.07 m x 2.90 m
3rd Bedroom Main Level 4.00 m x 2.90 m
Bathroom Main Level 2.95 m x 1.50 m

Convert Measurement to:

Courtesy of: CENTURY 21 GREEN REALTY INC.

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Demographic Information of 217 MAYFIELD AVENUE, Waterloo, Ontario, N2J 3S6

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$117,968.52

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.5 %

High school certificate or equivalent

30.4 %

Apprenticeship trade certificate/diploma

4.85 %

College/non-university certificate

18.7 %

University certificate (below bachelor)

1.15 %

University Degree

33.39 %

Commuter

Travel To Work

By Car

82.69 %

By Public Transit

4.53 %

By Walking

4.68 %

By Bicycle

1.94 %

By Other Methods

6.16 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

32.26 %

Houses

67.74 %

217 MAYFIELD AVENUE, Waterloo, Ontario, N2J 3S6