240 MAYFIELD Avenue , Waterloo

7 Bed / 4 Bath / $1,540,000 / MLS® Listing #:40372995

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Ideal location! Rare opportunity to own a purpose-built all brick 4 plex located along the University ave gateway connecting K-W’s highway backbone to Waterloo’s learning and innovation centre. Sitting on a ¼ acre corner lot just a few hundred meters to the expressway and a stone’s throw from Conestoga College Waterloo Campus, close proximity to the universities, and Uptown Waterloo. Also conveniently located a walking distance to grocery stores & restaurants, trails, and connection to LRT. Well maintained and owner occupied for the last 13 years, this building is in great condition with lots of parking and is licensing exempt. Updates include new front cement walkway (2022), chimney (2022), new owned water heater (2022), water softener (2020), bathroom updates, new flooring, windows, and more! R9 zoning may allow for further future re-development. Don't miss the opportunity to add this multi-family property to your portfolio and take advantage of the hot rental market in the third-ranking best small city in Ontario for 2022! (id:10452)

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Property Details

Property Type Fourplex
Square Feet 3808.0000
Maintenance N/A
Days On Our Website 50
Basement - None
Lot Dimensions under 1/2 acre
Pool N/A
Area Waterloo
Air Conditioning None
Heating Natural gas - Radiant heat
Exterior Brick
Parking Spaces 9
Sewers Municipal sewage system
Water Municipal water


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