199 ALLEN STREET E, Waterloo, Ontario

$797,000

5 Beds
2 Baths

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:50212)

Listing ID: X13670510
Property Type: Multi-family

View Additional Photos

Schedule a Tour

Don't have a real estate agent? Use the calendar to schedule a showing with The TanTeam to view this property.

Schedule Private Tour

The TanTeam would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact The TanTeam, who specializes in Waterloo real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let The TanTeam find a property to match your lifestyle.

Rooms

Level	Type	Dimensions
Living room	Lower level	3.07 m x 3.07 m
Kitchen	Lower level	3.65 m x 3.04 m
Bedroom	Lower level	2.74 m x 2.74 m
Bedroom	Lower level	2.25 m x 3.65 m
Living room	Main level	3.38 m x 5.51 m
Dining room	Main level	3.38 m x 5.51 m
Kitchen	Main level	3.38 m x 5.18 m
Primary Bedroom	Main level	3.77 m x 3.04 m
Bedroom 2	Main level	3.04 m x 2.77 m
Bedroom 3	Main level	3.04 m x 3.04 m

Details

Architectural Style: Raised bungalow
Amenities Nearby: Hospital, Park, Public Transit, Schools
Equipment: Furnace
Features: Carpet Free
Parking Spaces: 3
Rental Equipment: Furnace
Structure: Deck, Shed
Transaction: For sale

Building

Appliances: Water softener, All, Water Heater - Tankless
Architectural Style: Raised bungalow
BasementType: N/A, N/A (Finished)
Basement Development: Finished
Basement Features: Separate entrance
Bedrooms Main Level: 3
Bedrooms Lower Level: 2
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Fire Protection: Smoke Detectors
Flooring: Vinyl, Laminate
Foundation: Block
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 700 - 1100 sqft
Stories Total: 1
Type: Duplex
Utility Water: Municipal water

Land

Amenities: Hospital, Park, Public Transit, Schools
Sewer: Sanitary sewer
Size Frontage: 50 ft
Size Irregular: 50 x 151 FT

Listing provided by HOMELIFE/MIRACLE REALTY LTD
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 199 ALLEN STREET E in Waterloo Ontario. It was last modified on August 13th, 2026. Contact The TanTeam to schedule a viewing or to discover other Waterloo properties for sale.

Request More Information

Want more information or schedule a showing? Request more information with The TanTeam, who specializes in Waterloo properties.

Terms of Use Agreement

Terms of Use
This website is operated by The TanTeam, REALTORS® who are members of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, The TanTeam, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
The TanTeam may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline

TanTeam

Real Estate Group

Contact TanTeam

What do you want to do next?