For sale 50$399,900
181 King Street South #1602
Waterloo, Ontario N2J0E7
For sale· Added
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 Bathroom | Main level | — |
| Bedroom | Main level | 10'1'' x 12'4'' |
| Kitchen/Dining room | Main level | 20'0'' x 15'0'' |
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