28 ALLEN Street E
Waterloo, Ontario
MLS® 40877150
$799,000
- Status
- Active
- Property type
- House
- MLS® number
- 40877150
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1897
1 / 10Listing 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!
Property summary
- MLS® number
- 40877150
- Property type
- Single Family
- Building type
- House
- Square footage
- 2,389 sq ft
- Title
- Freehold
- Land size
- 0 acres
- Built in
- 1897
- Annual property taxes
- $6,590.00
- Parking
- 2 spaces · Attached Garage
- Days on market
- 0 days
Features & details
- Heating
- Boiler, Natural gas
- Basement
- Unfinished, Full
- Exterior features
- Wood, Brick
- Architectural style
- Other
What would this home cost you?
Based on the $799,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal Lepage Wolle Realty, Waterloo.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.