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Chris Adams

chris.adams@easyhometeam.ca +1(519) 804-1978

Listed by Steve Bailey • THE AGENCY

$ 849,900

Est. payment | -/mo

5 Beds

2 Baths

1,040 SqFt

Save Virtual Tour

$ 849,900

Est. payment | -/mo

Save Virtual Tour

5 Beds

2 Baths

1,040 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,040 sqft

Price per Sqft $817

MLS Listing ID 40860518

Bedrooms 5

Abv Grd Liv Area 1,777

Year Built 1962

Annual Tax Amount $4,466

Property Sub-Type Duplex Up/Down

Source Cornerstone

Property Description

Two separate homes under one roof, both rented, both licensed with the City of Waterloo, and a lot underneath them worth a longer look. The main floor has three bedrooms, a full kitchen, a three-piece bath, and a walkout to the deck over the backyard. Downstairs is a second complete home with two bedrooms, a large separate office, its own kitchen, bath, laundry and private entrance, so the two households never have to cross paths. The house is solid brick on a poured concrete foundation with shingles done in 2016, a gas furnace, central air, water softener and sump pump. There is a detached garage and room for four more cars in the drive. The land is the part most people miss. Just over sixty feet of frontage on close to 7,500 square feet, facing north, minutes from both universities and a four-minute walk to the bus at Lincoln and Mayfield. Waterloo changed its rules in December 2024 about what low-density residential land is allowed to become, and available is a full concept package for a larger multi-unit building here, with site plan, floor plans and mechanical drawings. Lincoln Heights and Bluevale catchment, with Roselea Park on the same street. Collect the rent while you look into the rest.

Location

Province ON

County Waterloo

Area 1 - Waterloo East

Zoning SR2/R1

Direction University Ave to Mayfield Ave

Rooms

Basement Separate Entrance, Full, Finished, Sump Pump

Kitchen 0

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Parking Features Detached Garage, Asphalt

Garage Spaces 1.0

Fence Fence - Partial

Roof Type Asphalt Shing

Porch Deck, Porch

Lot Frontage 60.0

Lot Depth 128.0

Garage Yes

Building

Lot Description Irregular Lot, Highway Access, Library, Park, Place of Worship, Playground Nearby, Public Transit, Schools

Faces University Ave to Mayfield Ave

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 223550046

Ownership Freehold/None

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Chris Adams

Broker

chris.adams@easyhometeam.ca

+1(519) 804-1978

1440 King Street North St. Jacobs, ON, N0B 2N0, CAN

217 Mayfield Avenue Waterloo, ON N2J 3S6

Chris Adams

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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217 Mayfield Avenue