181 S KING Street S Unit# 1602, Waterloo, Ontario, N2J0E7
MLS: 40814174 | 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
- Living Area: 792 sq ft (73.6 m²)
- Above Grade: 792 sq ft (73.6 m²)
- Ownership: Condo/Strata
- Attached: Yes
- Parking: 1.0 space (Underground, None)
Costs
- Annual Taxes: $4,535.00
- Condo/HOA Fee: $745.69 / monthly
Listing Provided by: Corcoran Horizon Realty
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air
- Cooling: Central air conditioning
- Basement: None
- Appliances: Washer, Refrigerator, Dishwasher, Dryer, Hood Fan
Exterior & Construction
- Exterior: Concrete
- Construction: Concrete block, Concrete Walls
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Features: Southern exposure, Balcony
- Zoning: U2-81
Community & Neighbourhood
- Building: Exercise Centre, Party Room
- Subdivision: 415 - Uptown Waterloo/Westmount
Room Details (3 rooms)
Listing Information
Listing History
MLS listing activity for 181 S KING Street S Unit# 1602, 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
1602 - 181 KING STREET S, 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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133 PARK Street Unit# 106, Waterloo
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1214 - 181 KING STREET S, Waterloo
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1703 - 181 KING STREET S, 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
181 KING Street S Unit# 1703, Waterloo
Condo - Apartment$1,890/mo
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191 KING Street S Unit# 712, Waterloo
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$5,694/yr taxListing Courtesy of Royal LePage Wolle Realty
36 FULLERTON Street, Waterloo
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144 PARK Street Unit# 904, Waterloo
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702 - 155 CAROLINE STREET S, Waterloo
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Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
1602 - 181 KING STREET S, Waterloo
Condo - Apartment$399,900
$4,535/yr taxListing Courtesy of CORCORAN HORIZON REALTY
1104 - 539 BELMONT AVENUE W, Kitchener
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G114 - 275 LARCH STREET, Waterloo
Condo - Apartment$399,000
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133 PARK Street Unit# 106, Waterloo
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Similar Properties ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
1602 - 181 KING STREET S, 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
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34 HICKORY Street Unit# 508, Waterloo
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181 KING Street S Unit# 1806, Waterloo
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181 S KING Street S Unit# 1602, Waterloo, Ontario, N2J0E7