Address
181 King Street S # 1602, Waterloo, ON
Price
$ 399,900
Property Attributes
  • ID#X12910602
  • TypeCondos
  • Listing Status New
  • CityWaterloo
  • NeighbourhoodWaterloo
  • Postal CodeN2J 0E7
  • Style1 Storey/Apt
  • Taxes$ 4535
  • Price$ 399,900
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage700-799
Data Source:
Toronto Real Estate Board (TRREB)
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.

Price History
3/23/2026 Listed $399,900

General Features

Cooling Central Air
Roof Flat
HOA Fee 745.69
Association Fee Includes Common Elements Included,Building Insurance Included
Architectural Style 1 Storey/Apt
Construction Materials Concrete Block
Pets Allowed Yes-with Restrictions
View Downtown
Heater Type Forced Air
Unit Number 1602
Property Subtype Condo Apartment
Tax Year 2025
PropertyFeatures Hospital,Library,Park,Place Of Worship,Public Transit,Rec./Commun.Centre
Building Name CIRCA 1877
Exposure East
County Waterloo
New Construction No
Property Type Residential Condo & Other
Association Amenities Community BBQ,Exercise Room,Game Room,Party Room/Meeting Room,Rooftop Deck/Garden,Outdoor Pool
Attached Garage No
Garage Y/N Yes
Status New
City Waterloo
Association Name WSCP
Senior Community Y/N No
Property Attached Y/N No
Tax Annual Amount 4535.0
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 331000

Interior Features

Interior Amenities None
Basement None
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features In-Suite Laundry
Total Bedrooms 1
Elevator? No
Total Baths 1
Bedrooms 1
Living Area Range 700-799

Exterior Features

Parking Features None
Total Parking 1.0
Garage Type Underground
Foundation Details Concrete
Spa No
Lot Size Source MPAC
Waterfront Y/N No
Covered Spaces 1.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in N2J 0E7

Price
AVG $410K
$400K
Visits
AVG 7
337
Data Provided by Inside Real Estate®