For Sale: 199 Allen Street E, Waterloo, ON - REW
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$797,000
5 bd 2 ba 700 - 1099 sf Multifamily

199 Allen Street EWaterloo, ON, N2J 1J9

  • 5 Bed
  • 2 Bath
  • 700 - 1099 Sqft
  • Multifamily

About this home

Certified Legal Basement Apartment/In law suite/Detached raised Bungalow/Separate Entrance/ Immediate Possession/ Investors & first time buyers Incredible, competitively-priced opportunity in sought-after Uptown Waterloo! Detached raised bungalow featuring a certified legal basement apartment with separate entrance and full kitchen - an ideal in-law suite, mortgage helper, or income-generating rental unit. Bright basement thanks to raised-bungalow design. Shares one set of utilities with the main floor. Vacant and available for immediate possession. Main Floor: Breakfast bar, backsplash, stainless-steel appliances.Primary bedroom with walk-out to deck. 3 bedrooms, 1 bath. Legal Basement Apartment: Full kitchen, separate entrance, walk-out to garage. 2 bedrooms, 1 bath. Parking: 1 garage + 2 driveway spaces (3 total). Lot: 50' x 151' - deep lot with future potential. Recent Updates: 2 brand new washrooms (2026). Upstairs Rang hood & stove (2026). Fresh paint (2026). Dishwasher (2025). Water softener (2025, owned). Fridge (2021). Laundry pair (2021). Roof approx. 7 years. Most windows updated 2020. Tankless water heater (owned). Furnace (Brand new Rented - 2025) and A/C unit in good working condition. Unbeatable location - minutes to Uptown Waterloo, Conestoga College, University of Waterloo, Wilfrid Laurier University, shopping, and public transit. Perfect for investors, multi-generational families, or buyers looking to live upstairs while the basement apartment helps cover the mortgage. (id:63626)
Listed by: MILAN PATEL, Salesperson, Homelife/Miracle Realty Ltd., Brokerage

Home facts and features

Price details
List Price
Gross Taxes for 2025
$4,855
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
3
Parking Details
Garage, Attached Garage
Property Type
Multifamily
Depth
151 feet
Frontage
50.0 feet
Style
Raised bungalow
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Separate entrance, ,
Features
Carpet Free, Smoke Detectors
Appliances
All, Water Heater - Tankless, Water softener
Agent details
Primary Agent
MILAN PATEL
Primary Broker
Homelife/Miracle Realty Ltd., Brokerage
Listing details
Days on REW
26 Days
Property Views
11
MLS® Number
X13670510
Source
Canadian Real Estate Association
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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

É Élém L'Harmonie
  • Public
  • JK - 8
Elizabeth Ziegler Public School
  • Public
  • JK - 6
St Agnes Catholic Elementary School
  • Catholic
  • JK - 8
Bluevale Collegiate Institute
  • Public
  • 9 - 12
MacGregor Public School
  • Public
  • 6 - 8
Lincoln Heights Public School
  • Public
  • JK - 8
St Teresa Catholic Elementary School
  • Catholic
  • JK - 8
ÉÉC Mère-Élisabeth-Bruyère
  • Catholic
  • JK - 6
Our Lady of Lourdes Catholic Elementary School
  • Catholic
  • JK - 8
St John Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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