199 Allen Street E, Waterloo, ON N2J 1J9
Waterloo · Near Weber St S And Erb St E · View map
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.
The home
- Type
- Raised bungalow
- Style
- Bungalow-Raised
- Square footage
- 700-1100 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 6
- Basement
- Separate Entrance, Finished
- Lot size
- 50 x 151 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Smoke Detector
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Attached
- Garage spaces
- 1
- Driveway spaces
- 2
- Total parking
- 3
- Parking features
- Private
Taxes & other
- Property taxes
- $4,855/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- Weber St S And Erb St E
More
- Price per sq ft
- ~$856 (at 900 sq ft)
- Listed
- Aug 13, 2026 · 60 days ago
- MLS® number
- X13670510
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The home and its surroundings
- Carpet Free
- Water Softener
- Hospital
- Library
- Park
- Public Transit
- School
- Deck
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
199 Allen Street, Waterloo, ON N2J 1J9
Waterloo · Near Weber St S And Erb St E
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Listing history for 199 Allen Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 199 Allen Street E
Answers come straight from this home’s MLS® listing.
How much is 199 Allen Street E listed for, and what would it cost each month?
199 Allen Street E is listed for $770,000. With 20% down ($154,000), the mortgage payment would be roughly $3,106 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,511 a month, all in. That figure is an illustration, not a quote.
Is 199 Allen Street E freehold or a condo, and is there a monthly fee?
199 Allen Street E is a raised bungalow in Waterloo. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 199 Allen Street E have?
199 Allen Street E has 3 bedrooms, plus 2 more bedrooms in the basement, and 2 bathrooms. The listing gives the style as bungalow-raised.
Does 199 Allen Street E have a garage and parking?
Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 2 spaces. In total the listing counts 3 parking spaces.
Does 199 Allen Street E have a finished basement?
The listing describes the basement as separate entrance, finished. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 199 Allen Street E?
199 Allen Street E is a raised bungalow. A raised bungalow has its main floor set about half a level above the ground, so the basement has bigger windows and more light than in a regular bungalow.
How big is 199 Allen Street E, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50 x 151 ft.
How is 199 Allen Street E heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 199 Allen Street E?
Property taxes are $4,855 a year (2026), or about $405 a month.
Where is 199 Allen Street E?
199 Allen Street E is in Waterloo. The nearest main intersection is Weber St S And Erb St E. The postal code is N2J 1J9.
How long has 199 Allen Street E been on the market?
199 Allen Street E was listed on August 13, 2026. It has been on the market for 60 days. It is an active listing (MLS® X13670510). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 199 Allen Street E asking?
Similar bungalow-style homes for sale nearby right now include 297 Toll Gate Boulevard at $755,000 (3+2 bed), 590 Fern Road at $789,900 (3+1 bed) and 410 Lakeview Drive at $749,999 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 199 Allen Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 199 Allen Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Waterloo, picked by style, size and price.
Raised bungalow$755,000297 Toll Gate Boulevard, Waterloo3+2 bed · 2 bathCourtesy of: NU STREAM REALTY (TORONTO) INC.View home →
Raised bungalow$789,900590 Fern Road, Waterloo3+1 bed · 3 bathCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →
Raised bungalow$749,999410 Lakeview Drive, Waterloo3+1 bed · 2 bathCourtesy of: HOMELIFE MAPLE LEAF REALTY LTD.View home →Courtesy of: HOMELIFE/MIRACLE REALTY LTD
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.