199 Allen Street East, Waterloo, Ontario N2J1J9

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD.

$797,000
5
BD
2
BA

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List Price
$797,000
Price Change
▲ $99,000 1788233022
MLS®
X13670510
Days on Market
27
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
5
Bathrooms
2
Lot Size Dimensions
50 x 151 FT

Property 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. (id:5764)

Additional Information

Basement Features
Finished, Separate entrance, N/A, N/A
Basement
Yes
Garage
Yes
Parking Spaces
3
Cooling
Central air conditioning
Country
Canada
Flooring
Laminate, Vinyl
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Lot Features
Carpet Free
Architectural Style
Raised bungalow
Stories
1

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