10 hours on Market

28 Allen St, Waterloo, Ontario N2J 1H9

Detached
9
8
~3000-3500 sqft
$639,900
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Detached
9
8
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$198/sqft

Est. Mortgage$2,748/mo

Tax Amount (2024)$6,095/yr

Days On Market10 hours


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!


Property Details

Style2-Storey
View-
Age of property100+
SqFt~3000-3500 SqFt
Lot Size7,400 SqFt(128.7 x 57.5)
Parking Spaces3
MLS ®NumberX12180852
Community NameCentral
Data SourceTRREB
Listing byROYAL LEPAGE WOLLE REALTY

Features

Heating: Radiant
Fireplace
Basement: Unfinished

Main Floor

Dining

3.73 x 3.94

Family

2.36 x 3.91

Foyer

2.01 x 3.96

Living

6.25 x 3.96


Features

Lot size: 7,400 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 2

Total parking spaces 3


Property History

May 29, 2025
ListedActive
$639,900
10 hours on market
history photo preview11
Listing by trreb®
Property listed by ROYAL LEPAGE WOLLE REALTY, Brokerage

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Market Data - Central

Geo Zone Map ThumbnailCentral

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

24 days

Compared to

2024

24 days

2023

18 days

2022

7 days

New Listings

Past 30 days

7 listings

Compared to

2024

4 listings

2023

8 listings

2022

12 listings

Units sold

Past 30 days

8 units

Compared to

2024

6 units

2023

4 units

2022

7 units

Median Sold Price

Past 30 days

$806,000

Compared to

2024

$842,500

2023

$908,875

2022

$850,000


Population and Demographics

Overview

Total population 13995
Average household income $123,262

Age (%)

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

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