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:46857)
| MLS® Number | 40372995 |
| Property Type | Multi-family |
| Amenities Near By | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Features | Corner Site, Park/reserve, Laundry- Coin Operated |
| Parking Space Total | 9 |
| Bathroom Total | 4 |
| Bedrooms Total | 7 |
| Appliances | Water Softener |
| Basement Type | None |
| Constructed Date | 1961 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 3808 |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 70 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R9 |
https://www.realtor.ca/real-estate/25246463/240-mayfield-avenue-waterloo
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