$ 750,000

199 Allen Street E, Waterloo

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:1945)
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Property details for 199 Allen Street E, Waterloo

Type
Residential
Style
Raised bungalow
Bedrooms
5
Bathrooms
2
Lot Size
50 x 151 FT
Stories
1
Basement
Finished, Separate entrance, N/A, N/A
Parking
Attached Garage, Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Brick
Ownership
Freehold
Annual Taxes
$4,855 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 199 Allen Street E

Active Listings
13
Min Price
$350,000
Max Price
$849,900
Avg Price
$644,661
Days on Market
59
days
Sold Listings
6
Min Sold Price
$439,000
Max Sold Price
$711,000
Avg Sold Price
$547,967
Days until Sold
98
days

Neighbourhood Census Data

Waterloo, Ontario

Population
500
Median Age
44.7
Median Income
$32,256
Dwelling Value
$300,712

Housing Tenure

Owners 68%
Renters 32%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 2,824.9/km²
Avg Shelter Cost: $1,019/mo
Owners with Mortgage: 60.6%
Owners Spending 30%+: 11.8%
Tenants Spending 30%+: 33.3%
English only: 91%
English and French: 8%
Neither: 1%
Median Household Income: $67,456
Median Employment Income: $34,389

Price History

Listed
August 13, 2026
by HOMELIFE/MIRACLE REALTY LTD
Current Price
$750,000
-2.6% from last change
Type
Residential
For Sale
Price Changes
3
Date Price Change
Current $750,000 $20,000 (-2.6%)
Oct 23, 2026 $770,000 $27,000 (-3.4%)
Sep 26, 2026 $797,000 +$99,000 (+14.2%)
Aug 31, 2026 $698,000 Listed

Contact Agent Get in touch about 199 Allen Street E, Waterloo

MILAN PATEL
MILAN PATEL
HOMELIFE/MIRACLE REALTY LTD