28 ALLEN Street E, Waterloo, Ontario

$799,000

5 Beds
3 Baths
2,389 Square Feet

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! (id:23309)

Listing ID: 40877150
Property Type: Single Family
Year Built: 1897

Mortgage Calculator

A mortgage is often necessary when buying a home, but determining what you can afford can be tricky. Use our calculator to estimate your mortgage payments based on the purchase price.

Contact a mortgage specialist to apply for a mortgage or to obtain pre-approval.

Schedule a Tour

Do not have a real estate agent? Use the calendar to schedule a showing with one our agents today.

Talk to a Home Lifestyle Matchmaker

Use our neighbourhood guide to score the perfect match between your lifestyle and home. When ready to buy, we will put you in touch with a REALTOR® who specializes in Waterloo.

Rooms

Level	Type	Dimensions
Second Level	2pc Bathroom	Measurements not available
Second Level	3pc Bathroom	Measurements not available
Second Level	Bedroom	6'11'' x 11'9''
Second Level	Bedroom	12'4'' x 8'11''
Second Level	Bedroom	12'4'' x 8'10''
Second Level	Primary Bedroom	18'1'' x 13'0''
Second Level	Bedroom	12'5'' x 9'3''
Basement	Storage	28'1'' x 30'5''
Main Level	2pc Bathroom	Measurements not available
Main Level	Kitchen	12'4'' x 10'2''
Main Level	Family Room	7'9'' x 12'10''
Main Level	Dining Room	13'1'' x 12'11''
Main Level	Living Room	20'6'' x 13'1''

Details

Architectural Style: Other
Amenities Nearby: Place of Worship, Public Transit
Equipment: Water Heater
Maintenance Fee: 0.00
Maintenance Fee Payment Unit: Monthly
Ownership: Freehold
Parking Spaces: 2
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: GR2

Building

Architectural Style: Other
BasementType: Full (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 5
Constructed Date: 1897
Constructed Material: Wood frame
Construction Style Attachment: Detached
Exterior Finish: Brick, Wood
Fireplace Present: False
Foundation: Stone
Bathrooms (Half): 2
Bathrooms (Total): 3
Heating: Boiler
Heating Fuel: Natural gas
Size Interior: 2389 sqft
Stories Total: 2
Type: House
Utility Water: Municipal water

Land

Amenities: Place of Worship, Public Transit
Sewer: Municipal sewage system
Size Total: 0|under 1/2 acre

This property for sale is located at 28 ALLEN Street E in Waterloo. It was last modified on November 7th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Waterloo properties for sale.

REALTOR® MLS®
Listing provided by Royal Lepage Wolle Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

Powered by REALTOR®
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.

Helping You Unlock Your Future

Discover Waterloo and make our community your next home. To learn more about purchasing real estate in Waterloo let us put you in touch with a REALTOR® that specializes in Waterloo.

Get the Latest Waterloo Market Update

Are you curious about the Waterloo real estate market? Dive into our community market reports, where you’ll find in-depth analysis of current property values and a look at emerging opportunities that could significantly impact your buying or selling decisions. These reports are designed to equip you with the knowledge you need to navigate the Waterloo market with confidence and make informed choices.

Download the Latest Report

Request More Information

Want more information or schedule a showing? Let us put you in touch with one of our agents who specializes in Waterloo.

Terms of Use
This website is operated by Royal LePage® Crown Realty, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Royal LePage® Crown Realty, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Royal LePage® Crown Realty may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.