1602 – 181 KING STREET S

$399,900

Waterloo, Ontario

  • 1 beds
  • 1 baths
Residential · Single FamilyType
1Parking
Forced air, Natural gasHeating
Central air conditioningCooling
$746/MonthlyMaintenance
160Days on market

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
Bathrooms
1
Basement
None
Appliances
Washer, Refrigerator, Dishwasher, Dryer, Hood Fan

Exterior & parking

Structure type
Apartment
Architectural style
[]
Parking spaces
1
Parking features
Garage, Underground
Exterior features
Concrete Block

Building & HOA

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Association
KING CONDO MGMT
Maintenance fee
$746 / Monthly
Fee includes
Common Area Maintenance, Insurance

Financial & legal

List price
$399,900
Annual taxes
$4,535 (2026)
Tenure
Condominium
Status
Active
MLS® number
X12910602

Location

City
Waterloo
Province
Ontario
Postal code
N2J0E7
Directions
Cross Streets: ALLEN STREET WEST. ** Directions: ON THE INTERSECTION OF KING STREET SOUTH AND ALLENSTREET WEST.

Room details

RoomLevelDimensionsFeatures
KitchenMain level4.57 x 6.1 meters
BedroomMain level3.76 x 3.07 meters

Mortgage calculator

estimated / month

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

Location & neighbourhood

Explore what’s nearby:

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).