1602 - 181 KING STREET S, Waterloo, Ontario, N2J0E7
MLS: X12910602 | Apartment (Condo)
$399,900
Property 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. (id:64974)
Quick Facts
- Property Type: Apartment (Condo)
- Bedrooms: 1 (1 above)
- Bathrooms: 1
- Ownership: Condo/Strata
- Attached: Yes
- Parking: 1.0 space (Garage, Underground)
Costs
- Annual Taxes: $4,535.00 (2026)
- Condo/HOA Fee: $745.69 / monthly
- Corp: KING CONDO MGMT
- Includes: Common Area Maintenance, Insurance
Listing Provided by: CORCORAN HORIZON REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: None
- Appliances: Washer, Refrigerator, Dishwasher, Dryer, Hood Fan
Exterior & Construction
- Exterior: Concrete Block
- Foundation: Concrete
Lot & Land
- Features: Balcony, In suite Laundry
- Pool: Outdoor pool
- Zoning: U2-81
Community & Neighbourhood
- Community: Community Centre, Pets Allowed With Restrictions
- Building: Exercise Centre, Recreation Centre, Party Room
Room Details (2 rooms)
Listing Information
Listing History
MLS listing activity for 1602 - 181 KING STREET S, Waterloo, Ontario, N2J0E7 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±5%Match BedroomsYesMatch BathroomsYes
181 S KING Street S Unit# 1602, Waterloo
Condo - Apartment$399,900
$4,535/yr taxListing Courtesy of Corcoran Horizon Realty
188 KING Street S Unit# 310, Waterloo
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$2,717/yr taxListing Courtesy of RE/MAX TWIN CITY REALTY INC.
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1214 - 181 KING STREET S, Waterloo
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1002 - 181 KING STREET S, Waterloo
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1703 - 181 KING STREET S, Waterloo
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181 KING Street S Unit# 1703, Waterloo
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181 KING Street S Unit# 1806, Waterloo
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$4,329/yr taxListing Courtesy of Corcoran Horizon Realty
181 KING Street S Unit# 1513, Waterloo
Condo - Apartment$699,900
$6,008/yr taxListing Courtesy of CONDO CULTURE, BROKERAGE
36 FULLERTON Street, Waterloo
Row / Townhouse$1,025,000
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Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
181 S KING Street S Unit# 1602, Waterloo
Condo - Apartment$399,900
$4,535/yr taxListing Courtesy of Corcoran Horizon Realty
1104 - 539 BELMONT AVENUE W, Kitchener
Condo - Apartment$399,900
$3,324/yr taxListing Courtesy of Royal LePage Our Neighbourhood Realty
H505 - 62 BALSAM STREET, Waterloo
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G114 - 275 LARCH STREET, Waterloo
Condo - Apartment$399,000
$2,184/yr taxListing Courtesy of CITYSCAPE REAL ESTATE LTD.
133 PARK Street Unit# 106, Waterloo
Condo - Apartment$395,000
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60 CHARLES Street W Unit# 2210, Kitchener
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Similar Properties ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
181 S KING Street S Unit# 1602, Waterloo
Condo - Apartment$399,900
$4,535/yr taxListing Courtesy of Corcoran Horizon Realty
1104 - 539 BELMONT AVENUE W, Kitchener
Condo - Apartment$399,900
$3,324/yr taxListing Courtesy of Royal LePage Our Neighbourhood Realty
H505 - 62 BALSAM STREET, Waterloo
Condo - Apartment$400,000
$3,548/yr taxListing Courtesy of EXP REALTY
806 - 25 WELLINGTON STREET S, Kitchener
Condo$399,000
$2,439/yr taxListing Courtesy of HOUSESIGMA INC.
G114 - 275 LARCH STREET, Waterloo
Condo - Apartment$399,000
$2,184/yr taxListing Courtesy of CITYSCAPE REAL ESTATE LTD.
133 PARK Street Unit# 106, Waterloo
Condo - Apartment$395,000
$2,717/yr taxListing Courtesy of RE/MAX TWIN CITY REALTY INC.
133 PARK Street Unit# 101, Waterloo
Condo - Row / Townhouse$388,000
$2,717/yr taxListing Courtesy of RE/MAX TWIN CITY REALTY INC.
1302 - 741 KING STREET, Kitchener
Condo - Apartment$385,000
$3,316/yr taxListing Courtesy of RE/MAX GOLD REALTY INC.
188 KING Street S Unit# 310, Waterloo
Condo - Apartment$419,000
$4,562/yr taxListing Courtesy of RE/MAX TWIN CITY REALTY INC.
1 VICTORIA Street S Unit# 706, Kitchener
Condo - Apartment$380,000
$3,202/yr taxListing Courtesy of Royal LePage Wolle Realty
34 HICKORY Street Unit# 508, Waterloo
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181 KING Street S Unit# 1806, Waterloo
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1602 - 181 KING STREET S, Waterloo, Ontario, N2J0E7