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🛏️
1 Bed
🚿
1 Bath
🚗
1 Parking
📐
700-799

$399,900

Condo Apartment

181 King Street S 1602, Waterloo, ON N2J 0E7

Listing Overview

MLS ID:X12910602
Status:New
Type:Residential Condo & Other / Condo Apartment
Style:1 Storey/Apt
Approx Age:6-10
Living Area:700-799
Taxes:$4,535 / yr (2025)
Maintenance Fee:$745.69
Days on Market:15
Listed:2026-03-23
Last Updated:Mar 24, 2026
Cross Street:ALLEN STREET WEST
Data Source:PROPTX

Interior

Beds (above):1
Bathrooms:1
Kitchens (above):1
Basement:None

Utilities

Heat Type:Forced Air
Heat Source:Gas

Outdoor / Lot

Parking

Garage Type:Underground
Covered Spaces:1
Parking Spaces:0
Total Parking:1

Description

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.

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