Scout N Secure

$399,900

Map

181 King Street South #1602

Waterloo, Ontario N2J0E7

For sale· Added

1 bed1 bath700–799 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

Map data © OpenStreetMap contributors

Upcoming open housesSee all Waterloo open houses

No open houses are scheduled for this home.

Can't make it? Request a private viewing.

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

KitchenMain level4.57 x 6.1 m
BedroomMain level3.76 x 3.07 m

Ask about this home

$399,900
181 King Street South
Request a viewing

Similar homes in Waterloo