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
- X12910602
- Added
- Mar 23, 2026 ()
- Updated
- Mar 24, 2026 ()
- Info refreshed
Overview
- Property type
- Single Family
- Building type
- Apartment
- Ownership
- Condo
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- No
- Appliances
- Washer, Refrigerator, Dishwasher, Dryer, Hood Fan
- Features
- Balcony, In suite Laundry
Building
- Basement
- None
- Exterior
- Concrete Block
- Foundation
- Concrete
- Parking
- Garage, Underground · 1 space
- Amenities
- Exercise Centre, Recreation Centre, Party Room
- Management
- KING CONDO MGMT
Land
- Pool
- Outdoor pool
- Zoning
- U2-81
Location
- Cross streets
- Allen Street West
- Directions
- On The Intersection Of King Street South And Allenstreet West.
- Nearby
- Community Centre, Pets Allowed With Restrictions
Running costs
- Annual property tax (2026)
- $4,535
- Condo fee
- $746 Monthly
- Includes Common Area Maintenance, Insurance
Rooms
| Kitchen | Main level | 4.57 x 6.1 m |
| Bedroom | Main level | 3.76 x 3.07 m |
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