Scout N Secure

$399,900

Map

181 King Street South #1602

Waterloo, Ontario N2J0E7

For sale· Added

1 bed1 bath792 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
40814174
Added
Mar 23, 2026 ()
Updated
Aug 28, 2026 ()
Info refreshed

Overview

Property type
Single Family
Building type
Apartment
Storeys
1
Ownership
Condo

Inside

Bedrooms
1
Bathrooms
1
Heating
Forced air
Cooling
Central air conditioning
Fireplace
No
Appliances
Washer, Refrigerator, Dishwasher, Dryer, Hood Fan
Features
Southern exposure, Balcony

Building

Basement
None
Exterior
Concrete
Parking
Underground, None · 1 space
Amenities
Exercise Centre, Party Room

Land

Zoning
U2-81

Services

Water
Municipal water
Sewer
Municipal sewage system

Location

Community
Uptown Waterloo/Westmount
Directions
On The Intersection Of King Street South And Allen Street West

Running costs

Annual property tax
$4,535
Condo fee
$746 Monthly

Rooms

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

Ask about this home

$399,900
181 King Street South
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