$770,000
Est. payment $3,409/moCalculate yours
199 Allen Street E, Waterloo, ON N2J 1J9
Waterloo, ON N2J 1J9
- 3 + 2 Beds
- 2 Baths
- 1 Garage
- 700 Sq Ft
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD MLS® X13670510
About this home
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.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow-Raised
- For
- For Sale
- Status
- Price Change
- Size
- 700 sqft
Interior
- Bedrooms
- 3 + 2
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Separate Entrance, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 151 Feet
- Parking
- Attached garage · 3 total
Financial
- Property Taxes
- $4,855 (2026)
Location
- Cross Street
- Weber St S And Erb St E
- Direction Faces
- North
Listing
- MLS® Number
- X13670510
- Days on Market
- 66
- Listed On
- 2026-08-13
- Possession
- Immediate
- Listed By
- HOMELIFE/MIRACLE REALTY LTD
Rooms
Features
Interior
- Carpet Free
- Water Softener
Property
- Hospital
- Library
- Park
- Public Transit
- School
Pool
- None
- Included
- All Elf's, All Appliances, Air-condition, Water Softener & Tankless Water Heater (All owned)
- Rental items
- Furnace
Mortgage calculator
Estimated mortgage payment
$3,409 per month
- Principal and interest
- $3,409
- Property tax
- $405
- Condo fees
- $0
- Estimated monthly cost
- $3,814
Your mortgage
- Mortgage amount
- $616,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $406,818
Cash to close
- Down payment
- $154,000
- Land transfer tax
- $11,875
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $165,875
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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