A Vagina waffle is a word/term used back in the 80's to describe a waffle that looks like a vagina and/or more commonly used to describe a very loose vagina
Yielding an odor of unwashed, musty, dampvagina so pungent and odoriferous that it smells as if it is in fact two unwashed, musty and damp vaginas. The smell may also be referred to as morally offensive.
"It smells like vagina-vagina in here!" Steven exclaimed upon entrance into the women's locker room.
Cheryl smelled like vagina-vagina when she got to work today, so her supervisor sent her home to shower, change, and put on fresh underwear.