A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 28 Allen St, Waterloo Ontario N2J 1H9
1 day on Market

28 Allen St, Waterloo, Ontario N2J 1H9

Detached
5
3 + 2
~2389 sqft
$799,000
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Detached
5
3 + 2
~2389 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$334/sqft

Monthly cost

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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!


Property Details

StyleTraditional
View-
Age of property1897
SqFt~2389 SqFt
Lot Size-
Parking Spaces2
MLS ®Number40877150
Community NameCentral
Data SourceITSO
Listing byRoyal Lepage Wolle Realty

Features

Heating: Natural Gas, Water
Cooling: Other
Basement: Full, Unfinished

Second Floor

Bathroom

2-Piece

Bedroom Primary

18.02 x 13

Bedroom

13.03 x 7.08

Bedroom

12.02 x 9.05


Features

Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 1

Total parking spaces 2


Property History

Nov 7, 2026
ListedActive
$799,000
1 day on market
history photo preview10
Listing by itso®
Property listed by Royal Lepage Wolle Realty, Brokerage
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Market Data - Central

Geo Zone Map ThumbnailCentral

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

20 days

Compared to

2025

16 days

2024

18 days

2023

13 days

New Listings

Past 30 days

9 listings

Compared to

2025

13 listings

2024

8 listings

2023

9 listings

Units sold

Past 30 days

4 units

Compared to

2025

5 units

2024

2 units

2023

4 units

Median Sold Price

Past 30 days

$640,250

Compared to

2025

$645,800

2024

$785,000

2023

$787,500


Population and Demographics

Overview

Total population 13995
Average household income $123,262

Age (%)

0 to 19
13%
20 to 34
38%
35 to 49
15%
50 to 64
13%
65 and plus
21%

Household composition (%)

Single person
44%
Single family
43%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
79%
Others
5%
Mandarin
5%
German
2%
Spanish
1%
French
1%
Hindi
1%
Arabic
1%

House tenancy (%)

Renters
64%
Owners
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget