217 MAYFIELD AVENUE, Waterloo

$849,900

For sale: Detached

Detached at 217 MAYFIELD AVENUE, Waterloo
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 2 bathrooms
Living area
1,100 sqft
MLS®
MLS® X13743346

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.

Sold data

Detached homes in Waterloo — recent sold market

Detached homes in Waterloo took a median of 15 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 29, across 161 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.

The median sale price was $799,900.

Homes sold for about 0.9% below asking on average, so there was room to negotiate.

About 41% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
15
Median sale price
$799,900
Sale-to-list ratio
99.1%
Sold above asking
41%

Based on 161 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Waterloo

Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.

Rated schools
31
Elementary
27
Secondary
4
Average rating
6.8 / 10

Top-rated schools in Waterloo

  • Millen WoodselementaryFraser rating 8.9/10
  • Sir John A MacdonaldsecondaryFraser rating 8.7/10
  • Abraham ErbelementaryFraser rating 8.6/10
  • LaurelwoodelementaryFraser rating 8.5/10
  • Vista HillselementaryFraser rating 8.5/10
  • Mary JohnstonelementaryFraser rating 8.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 217 MAYFIELD AVENUE