199 Allen St E

Waterloo, ON N2J 1J9
  • $698,000

    Price
  • 5

    Bed
  • 2

    Bath
  • 700

    SqFt

About the Listing 406003 -

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.

Listing Highlights

Status Active
Days on Site 16
Property Type Multi-Family
MLS ® X13670510
Year Built
Total Square Footage 700
Lot/Acreage 0.17
County Waterloo

Interior Details

  • Bedrooms: 5
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Separate Entrance,Finished
  • Other: Carpet Free,Water Softener,2 Kitchens
  • Water:

Exterior Details

  • Garage Capacity: 1 car
  • Roof: Asphalt Shingle
  • Others: Deck,Hospital,Library,Park,Public Transit,School
  • Sewer: Sewer
  • Parking Features: Private,Attached,Has Garage

Financial Details

  • Tax Amount: $4,855
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 223460118
  • Tax Year: 2026

Payment Calculator

Monthly Payment

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Questions About..

199 Allen St E Waterloo, ON N2J 1J9

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