181 S KING Street S Unit# 1602

$399,900

415 - Uptown Waterloo/Westmount, Waterloo, Ontario

  • 1 beds
  • 1 baths
  • 792 square feet
Residential · Single FamilyType
1Parking
Forced airHeating
Central air conditioningCooling
$746/MonthlyMaintenance
162Days on market
$505 / sqftPrice / sqft

About this property

An exceptional turnkey investment opportunity in one of Uptown Waterloo’s most sought-after buildings. This unit offers a truly hands-off ownership experience, featuring a secure, long-term lease in place for 5+ years, ensuring stable and predictable income from day one. What distinguishes this property is its fully managed structure. The tenant—an established and reputable company—not only occupies the unit but also assumes all property management responsibilities. This comprehensive arrangement is seamlessly integrated into the monthly rental income, providing investors with a completely passive, worry-free investment. Ideal for those seeking long-term stability, minimal involvement, and consistent returns in a prime urban location, this is a rare opportunity to acquire a secure, low-maintenance asset in a high-demand market. (id:45603)

Property details

Interior

Bedrooms
1
Bedrooms above grade
1
Bedrooms below grade
0
Bathrooms
1
Living area
792 square feet
Storeys
1
Basement
None
Appliances
Washer, Refrigerator, Dishwasher, Dryer, Hood Fan

Exterior & parking

Structure type
Apartment
Architectural style
[]
Parking spaces
1
Parking features
Underground, None
Exterior features
Concrete
Construction
Concrete block, Concrete Walls

Building & HOA

Heating
Forced air
Cooling
Central air conditioning
Maintenance fee
$746 / Monthly

Financial & legal

List price
$399,900
Price / sqft
$505 / sqft
Annual taxes
$4,535
Tenure
Condominium
Status
Active
MLS® number
40814174

Location

City
Waterloo
Neighbourhood
415 - Uptown Waterloo/Westmount
Province
Ontario
Postal code
N2J0E7
Directions
ON THE INTERSECTION OF KING STREET SOUTH AND ALLEN STREET WEST

Room details

RoomLevelDimensionsFeatures
4pc BathroomMain level
BedroomMain level10'1'' x 12'4''
Kitchen/Dining roomMain level20'0'' x 15'0''

Mortgage calculator

estimated / month

Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

Location & neighbourhood

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).