Listed for:Listed Aug 13, 2026
$770,000

199 Allen Street E

Waterloo (Uptown Waterloo), ON N2J 1J9

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 199 Allen Street E, Waterloo, Uptown Waterloo

No listing history available

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About 199 Allen Street E, Waterloo, Uptown Waterloo

Summarized Description

  • Legal basement apartment with separate entrance for rental income.
  • Detached raised bungalow with bright basement design.
  • Recent updates including new washrooms and appliances.
  • Deep lot with future development potential.
  • Located minutes from universities and shopping.
  • Perfect for multi-generational families or investors.
  • Immediate possession available for quick move-in.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,855
Land Transfer Tax Fee
$11,875

Rental Items

Rental Equipment
Furnace ($50 + tax/month)

Basement Type
Separate Entrance, Finished

Interior Features

Interior Extras
Carpet Free, Water Softener
Security Features
Smoke Detector
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None
Property Features
Hospital, Library, Park, Public Transit, School
Other Structures
Shed

Building

Building Type
Detached
Building Style
Bungalow-Raised

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
151.00 ft
Lot Shape
Rectangular

Inclusions

Inclusions
All Elf's, Appliances, Air-condition, Water Softener & Tankless Water Heater (All owned)

Exclusions

Exclusions
Only Staging items.

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Available
Hydro
Available
Cable
Available
Telephone
Available

Bedrooms
3 + 2
Washrooms
2
Kitchens
2

Room sizes

  • Bedroom—
    Lower level, Vinyl Floor, Window
  • Kitchen—
    Main level, Backsplash, Stainless Steel Appl
  • Bedroom—
    Lower level, Vinyl Floor, Window
  • Living Room—
    Main level, Combined w/Dining, Vinyl Floor, Large Window
  • Bedroom 3—
    Main level, Laminate, Closet, Window
  • Dining Room—
    Main level, Combined w/Living, Vinyl Floor, Large Window
  • Living Room—
    Lower level, Vinyl Floor, Closet, W/O To Garage
  • Bedroom 2—
    Main level, Laminate, Closet, W/O To Deck
  • Primary Bedroom—
    Main level, Laminate, Double Doors, Large Window
  • Kitchen—
    Lower level, Vinyl Floor, Stainless Steel Appl, Window

Washrooms

  • 3-piece, Main
  • 3-piece, Lower

Municipality
Waterloo
Neighbourhood
Uptown Waterloo
Main cross streets
Weber St S And Erb St E
Directions
Weber St S And Erb St E

MLS® number
X13670510
Data source
Toronto Regional Real Estate Board
Listed on
2026-08-13
Updated on
2026-09-26
Days on market
63 days
Possession type
Immediate
Co-op commission
2.5% -$150Mkt Fee + HST
Seller
Listed by
HOMELIFE/MIRACLE REALTY LTD

Home Market Value

Current home valuation for 199 Allen Street E, Waterloo, Uptown Waterloo, Waterloo, ON. Listed for $770,000

HOMEH Estimate

?

$664,663

Estimated Sales Range

?

$525,084 - $804,242

HOMEH Estimate for 199 Allen Street E, Waterloo, Uptown Waterloo

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$664,663Medium confidence
Based on 15 comparable properties
+ $105,337 (16%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Waterloo, ON
Minimum Down Payment Required:6.8%

5% on first $500K + 10% on $270,000 over $500K

Minimum down payment

$52,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$28,706$21,483$18,326$0
=Total mortgage
$746,346$714,483$672,826$616,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,644monthly$3,488monthly$3,285monthly$3,008monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$11,875

Total Land Transfer Tax

$11,875

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