$698,000
 $3,747 est/mo Sourced by Back At You

199 Allen Street E,Waterloo, ON N2J 1J9

Waterloo, ON N2J 1J9

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Description

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.

Details

MLS #X13670510
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusNew
Year0
Days On Site15
Listing Provided ByHOMELIFE/MIRACLE REALTY LTD | X13670510 406003

Features

Bed(s)5
Bath(s)2
Garage1
BasementY
Acreage0.17

Interior

Interior FeaturesCarpet Free, Water Softener
Lease To Own EquipmentFurnace
CoolingCentral Air
Heat SourceGas
Fireplace Yes / NoNo

Exterior

Exterior FeaturesDeck
RoofAsphalt Shingle
Foundation DetailsConcrete Block
Construction MaterialsBrick
Security FeaturesSmoke Detector

Parking

Garage Yes / NoYes
Parking FeaturesPrivate

Utilities

SewerSewer

Taxes

Tax Annual Amount4855.36
Tax Legal DescriptionLT 120 PL 783 CITY OF WATERLOO; WATERLOO
Tax Year2026

Area Information

ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2J 1J9
Listing VS Median (in N2J 1J9)
Price:
$698,000
low | high
Med:
$0
On site:
15
low | high
Med:
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2J 1J9
Listing VS Median (in N2J 1J9)
Price:
$698,000
low | high
Med:
$0
On site:
15
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $523K - $872K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
203B Erb Street Property Photo 1
$619,900
203b Erb Street
Waterloo, ON N2J 1M7
203B Erb Street Property Photo 1
$619,900
203b Erb Street
Waterloo, ON N2J 1M7
Listing Updated: August 20, 2026 at 9:54:20 PM PDT