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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.
Inclusions
All Elf's, All Appliances, Air-condition, Water Softener & Tankless Water Heater (All owned)
Broker
HOMELIFE/MIRACLE REALTY LTD
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Detached
199 Allen Street E Waterloo
Waterloo
Type
Detached
Basement
Separate Entrance, Finished
Parking
Attached (3)
Property Tax
~$4,855/yr
Heating
Forced Air
Buying Essentials
Square Feet
900 sqft
Facing Direction
North
Parking
Attached (3)
Finances
List Price
$750,000
Price per SQFT
$833/sqft
Property Tax
~$4,855/yr
Property Specs
Property Type
Detached
MLS Size
900 sqft
Basement
Separate Entrance, Finished
Living & Amenities
Heating Type
Forced Air
Features
Carpet Free · Water Softener
Policies & Utilities
Neighbourhood
Waterloo
Listed On
Aug 13, 2026
Hospital
Library
Park
Public Transit
School
Days on Market
Current: 86 days
Combined w/Dining, Vinyl Floor, Large Window
11.1 x 18.1
200 sqft
Combined w/Living, Vinyl Floor, Large Window
11.1 x 18.1
200 sqft
Backsplash, Stainless Steel Appl
11.1 x 17.0
188 sqft
Laminate, Double Doors, Large Window
12.4 x 10.0
123 sqft
Laminate, Closet, W/O To Deck
10.0 x 9.1
91 sqft
Laminate, Closet, Window
10.0 x 10.0
99 sqft
Vinyl Floor, Closet, W/O To Garage
10.1 x 10.1
101 sqft
Vinyl Floor, Stainless Steel Appl, Window
12.0 x 10.0
119 sqft
Vinyl Floor, Window
9.0 x 9.0
81 sqft
Vinyl Floor, Window
7.4 x 12.0
88 sqft
Rooms
10
Listed Room Area
1,290 sqft
Source
Estimated from MLS room dimensions
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