217 Mayfield Avenue
Waterloo, ON
- 5 bed
- 2 bath
- approx. 700-1100 sqft
- Detached
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 back yard. 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.
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Listing Details
- Taxes (2025)
- $4,466
- Listed
- September 3, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- Interior
- Sump Pump, Water Heater, Water Softener
- Lot Size
- 60.09 x 120.73 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- University Ave / Conestoga Pkwy
- Zoning
- SR2/R1
- Parcel Number
- 223550046
- Possession
- Flexible
- Occupancy
- Tenant
Schools
Elementary
- Lincoln Heights Public School0.3 km
Public · Waterloo Region DSB · 450 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 47% met the provincial standard
- ÉÉC Mère-Élisabeth-Bruyère0.3 km
French Catholic · CS catholique MonAvenir · 220 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 68% met the provincial standard
- École élémentaire L'Harmonie1 km
French public · CS Viamonde · 290 students
Grade 3 reading: 92% met the provincial standard · Grade 6 math: 79% met the provincial standard
Secondary
- Bluevale Collegiate Institute1.1 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
- Waterloo Collegiate Institute1.5 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School1.5 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2J
- Population
- 20,899
- Private dwellings
- 10,672
- Median age
- 36.8
- Average household size
- 2.2
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,033
- Median days on market
- 22
- Sale-to-list price
- 99.8%
Based on 1,033 recorded sales of residential freehold properties in Waterloo over the last 12 months.
Rooms
3-piece on Main, 3-piece on Basement
Main
- Bathroom4'10" x 9'7"
- Bathroom4'10" x 9'7"
- Bedroom9'6" x 13'2"
- Bedroom 29'7" x 10'1"
- Bedroom 29'7" x 10'1"
- Bedroom 313'1" x 10'11"
- Bedroom 313'1" x 10'11"
- Breakfast4'6" x 8'10"
- Dining Room
- Kitchen7'8" x 17'3"
- Kitchen7'8" x 17'3"
- Living Room11'5" x 19'10"
- Living Room11'5" x 19'10"
- Primary Bedroom
Basement
- Bathroom5'9" x 7'7"
- Bathroom5'9" x 7'7"
- Bedroom10'11" x 10'7"
- Bedroom 211'1" x 11'5"
- Bedroom 211'1" x 11'5"
- Kitchen12'4" x 11'10"
- Kitchen12'4" x 11'10"
- Living Room12'1" x 14'4"
- Living Room12'1" x 14'4"
- Office7'5" x 13'8"
- Office7'5" x 13'8"
- Primary Bedroom
Listed by
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Walk Score
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Location
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Mortgage Calculator
$169,980
Estimated Monthly Payment
$4,175
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $4,175/mo (20% down, 5.5%)
Taxes: $372/mo · Insurance: $212/mo
Estimates only. Consult a financial advisor.
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