199 Allen Street E, Waterloo, ON

$797,000

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3

Beds

2

Baths

700

Square feet

About 199 Allen Street E

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.

Features of 199 Allen Street E

MLS® # X13670510
Price $797,000
Bedrooms 3
Bathrooms 2.00
Square Footage 700-1100
Type Residential Freehold
Sub-Type Duplex
Style Bungalow-Raised
Status Active

Community Information

Address 199 Allen Street E
Area Waterloo
City Waterloo
Province ON
Postal Code N2J 1J9

Amenities

Parking Spaces 2
# of Garages 1
Garages Attached
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
Basement Separate Entrance, Finished

Exterior

Exterior Brick

Listing Details

OfficeHOMELIFE/MIRACLE REALTY LTD

Listing Map