Detached House for sale at 217 Mayfield Avenue, Waterloo, Ontario, N2J 3S6 - MLS: X13487184

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217 Mayfield Avenue

Waterloo, Ontario, N2J 3S6 -

$875,000

Virtual Tour

Neighbourhood
Major Intersection

University Ave / Conestoga Pkwy

Listed Since: 3 day(s)
Last update: 2 day(s) ago

Virtual Tour

Overview

Property Type

Detached, Bungalow
Bedrooms

3 + 3
Bathrooms

2
Basement

Apartment
Kitchen

1 + 1
Total Parking

5 (1 Detached Garage)
Lot Size

60.09x120.73 (Feet)
Taxes

$4,451.61 (2025)
Type

Freehold

Property Description

Property description for 217 Mayfield Avenue, 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.

Listed by CENTURY 21 GREEN REALTY INC.

Property details

MLS #

X13487184
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

Detached, 1 spaces
Total Parking

5
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X13487184
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

Detached, 1 spaces
Total Parking

5
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

6.05 x 3.5 ft Main level

Laminate, Combined W/Dining, Bay Window
Dining

6.05 x 3.5 ft Main level

Laminate, O/Looks Frontyard, Large Window
Kitchen

5.1 x 3.1 ft Main level

Laminate, Side Door, Breakfast Area
Primary

3.3 x 3.97 ft Main level

Laminate, W/O To Deck, Closet
2nd Br

3.07 x 2.9 ft Main level

Laminate, Closet, Window
3rd Br

4.0 x 2.9 ft Main level

Laminate, Closet, Window
Bathroom

2.95 x 1.5 ft Main level

3 Pc Bath, Porcelain Floor, Window
Kitchen

4.3 x 4.0 ft Bsmt level

Vinyl Floor, Open Concept, Combined W/Living
Primary

3.4 x 3.35 ft Bsmt level

Vinyl Floor, Closet, Window
2nd Br

3.2 x 3.35 ft Bsmt level

Vinyl Floor, Closet, Window
Office

4.1 x 3.35 ft Bsmt level

Vinyl Floor, Window
Bathroom

1.75 x 1.4 ft Bsmt level

Vinyl Floor
Living

4.3 x 4.0 ft Bsmt level

Vinyl Floor, Combined W/Dining, Large Window

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 217 Mayfield Avenue, Waterloo

This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Detached in Waterloo

Active listings

157

Average Selling Price of a Detached

May 2026

$962,175

Last 3 Months

$977,340

Last 12 Months

$937,245

May 2025

$1,090,745

Last 3 Months LY

$1,054,782

Last 12 Months LY

$990,266

Change

-12%

Change

-7%

Change

-5%

Historical Average Selling Price of a Detached in

Average Selling Price

3 years ago

$1,111,119

Average Selling Price

5 years ago

$1,027,862

Average Selling Price

10 years ago

$439,316

Change

-13%

Change

-6%

Change

119%

Number of Detached Sold

May 2026

Last 3 Months

Last 12 Months

May 2025

Last 3 Months LY

Last 12 Months LY

Change

-8%

Change

12%

Change

32%

How many days Detached takes to sell (DOM)

May 2026

Last 3 Months

Last 12 Months

May 2025

Last 3 Months LY

Last 12 Months LY

Change

18%

Change

16%

Change

20%

Average Selling price

Inventory Graph

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Down Payment ($)

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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