28 Allen Street, Waterloo, ON
Property no longer active
This property was sold on June 25, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $639,900 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.
- 9 Bedrooms and 8 Bathrooms
- Generous living space spanning 3000-3500 sqft on a premium 57.5 x 128.7 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Capability, Accessory Apartment
- Efficient radiant heating via gas
Description
Handyman Special with Massive Potential in Uptown Waterloo! Attention investors, renovators, and savvy buyers! This spacious potential multifamily property in the highly sought-after Mary Allen neighbourhood offers over 4,000 square feet of living space across multiple units - presenting an incredible income-generating opportunity. Whether you're planning to renovate and rent, live in one unit while earning income from the others, or flip for profit, this property is a true "cash cow" in the making. Located in one of Waterloo's most coveted neighbourhoods, you're just steps from shops, restaurants, transit, and more. With solid bones and endless potential, all it needs is your vision and a little elbow grease to transform it into something spectacular. Don't miss this rare investment gem - bring your tools and imagination!
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Property Summary
This detached home located at 28 Allen Street, Waterloo is currently for sale and has been available on SousaSells for 415 days. This property is listed at $639,900 with an estimated mortgage of $2,130* per month. It has 9 beds, 8 bathrooms, and is 3000-3500 square feet. 28 Allen Street, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Place Of Worship, Library, Rec./Commun.Centre, School, Public Transit
Interior Features
In-Law Capability, Accessory Apartment
Security Features
Community Features
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Location
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 28 Allen Street E, Waterloo, ON N2J 1H9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $639,900 in Waterloo, the legal minimum down payment is $38,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,273 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,273.
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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.