$799,000
 $4,289 est/mo Sourced by Back At You

28 Allen Street E,Waterloo, ON N2J 1H9

Waterloo, ON N2J 1H9

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Description

Exceptional Investment Opportunity in Uptown Waterloo - Mary-Allen Neighbourhood! Attention Investors, Developers, Renovators, and Buyers Looking for a Property with Outstanding Potential! Situated in the highly desirable Mary-Allen neighbourhood of Uptown Waterloo, this spacious property offers over 4,000 sq. ft. of living space across multiple units, presenting an exciting opportunity for investors seeking to create a strong income-generating property. Adding even more value and potential is a separate coach house at the rear of the property, which also requires renovation but offers the possibility of an additional rental income stream once completed, subject to applicable approvals. The property boasts a fantastic location, just steps from Uptown Waterloo's restaurants, shops, public transit, and everyday amenities. With its generous living space, multiple-unit configuration, and additional coach house, the possibilities here are substantial. While the property requires significant renovation and vision, the opportunity to unlock its full potential is undeniable. Whether you're looking to renovate and hold, expand your rental portfolio, or explore its multi-family possibilities, this is a rare opportunity in a highly sought-after neighbourhood. Bring your vision, your creativity, and your contractor. This is an opportunity to transform a property with tremendous potential into an exceptional investment! Don't miss your chance to capitalize on this unique Uptown Waterloo opportunity!

Details

MLS #40877150
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1897
Days On Site7
Listing Provided ByRoyal Lepage Wolle Realty | Nancy Jeanne Hynes

Features

Bed(s)9
Bath(s) 8 Total
SQ Feet2,389
Garage1
BasementY
Story(s)2
ZoningGR2

Interior

Rooms Total24
Interior FeaturesNone
CoolingOther
Cooling Yes / NoNo
HeatingNatural Gas, Water
Heating Yes / NoYes
Fireplace FeaturesGas

Exterior

Lot FeaturesUrban, City Lot, Place of Worship, Public Transit
Construction MaterialsBrick, Wood Siding
RoofAsphalt Shing
Foundation DetailsStone

Parking

Garage Spaces1
Parking FeaturesAttached Garage, Other
Open Parking Yes / NoYes
Attached Garage Yes / NoYes

Utilities

UtilitiesCable Connected
SewerSewer (Municipal)

Taxes

Tax Annual Amount6590

Area Information

ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2J 1H9
Area1 Waterloo East
Subarea114 Uptown Waterloo | North Ward
Community Name114 Uptown Waterloo/North Ward
Listing VS Median (in 114 Uptown Waterloo/North Ward)
Price:
$799,000
low | high
Med:
$549,900
81.176470588235% of Average
sqft:
2,389
low | high
Med:
1,011
100% of Average
$ / sqft:
$334
low | high
Med:
$571
20.768519408627% of Average
On site:
7
low | high
Med:
111
6.306306306306% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2J 1H9
Area1 Waterloo East
Subarea114 Uptown Waterloo | North Ward
Community Name114 Uptown Waterloo/North Ward
Listing VS Median (in 114 Uptown Waterloo/North Ward)
Price:
$799,000
low | high
Med:
$549,900
81.176470588235% of Average
sqft:
2,389
low | high
Med:
1,011
100% of Average
$ / sqft:
$334
low | high
Med:
$571
20.768519408627% of Average
On site:
7
low | high
Med:
111
6.306306306306% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $599K - $998K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
81 Willow Street Property Photo 1
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81 Willow Street
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Listing Updated: November 8, 2026 at 9:29:43 PM PST