40 Union Street, Waterloo, ON

$479,900
MLS#:X12975278
3 beds
1 baths
1100-1500 sqft
1.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $479,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 33.5 x 66.52 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Carpet Free, Water Meter
  • equipped with ["window unit(s)"] central cooling and highly efficient forced air heating via gas

Walkable Urban Opportunity - 40 Union Street East! Set in the heart of the sought-after Mary Allen neighbourhood, this classic three-bedroom, one-bathroom home offers a rare chance to create something special in one of Waterloo's most vibrant, tight-knit communities. With approximately 1,200+ sq ft of above-grade living space, plus an unfinished attic and a full unfinished basement with unusually generous ceiling height, the home provides exceptional upside for those looking to renovate, reimagine, and add value. Built in the Roaring 1920s, the property retains an impressive collection of original features and architectural details that speak to its vintage charm, including flat wood 8-inch baseboards with shoe molding, cornice-style door headers, antique cast iron floor registers, and red oak narrow strip flooring in two of the bedrooms. These period elements present an excellent canvas for a thoughtful restoration or a modern transformation that honours the home's character. A new roof (2024) offers peace of mind and a strong starting point for future improvements. Ideal for investors, renovators, or buyers eager to personalize a home in a prime location, the next owner should plan to address typical era-related upgrades, including removal of knob-and-tube wiring, replacement of galvanized plumbing, and updating the cast iron plumbing stack-a common and manageable scope for homes of this vintage. With a Walk Score of 90 (Very Walkable), daily conveniences are just steps away: Uptown shops and restaurants, Grand River Hospital, LRT access, and nearby trails. Whether you're a savvy flipper, a creative renovator, or a young couple looking to build equity in a walkable, character-rich neighbourhood, 40 Union Street East represents a compelling opportunity to invest in both lifestyle and long-term value.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 24, 2026
Sold price information is available to members only
Listed Date4/9/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size33.5 × 66.52 Feet
CountyWaterloo
Annual Tax$4,861.27
Legal DescriptionPT LT 382-383 PL 385 CITY OF WATERLOO AS IN 815165

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Window Unit(s)"]

Features

Property Features

Hospital, Park, Place Of Worship, Public Transit

Community Features

Location

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40 Union Street, Waterloo, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Union Street E, Waterloo, ON N2J 1B7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$383,920
Monthly Mortgage$2,231
Property Tax (Est.)$405
Utilities & Maint.$350
Total Monthly Cost$2,986

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Waterloo.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterloo.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$782,891

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Winston Churchill
Public100 Milford Avenue, Waterloo, Ontario, N2L 3Z3
5.5
Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
Keatsway
Public323 Keats Way, Waterloo, Ontario, N2L 5V9
4.8
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Kitchener Waterloo
Public787 King Street West, K-W Hospital, Kitchener, Ontario, N2G 1E3
7.4
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.