For Sale

#1602 - 181 King Street

$399,900
Waterloo, Ontario N2J 0E7 · MLS® X12910602 · Updated 51 mins ago
181 King Street S 1602, Waterloo, ON N2J 0E7
1 / 30 photos
1
Bedrooms
1
Bathrooms
Sq Ft
1
Parking

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.

Property Information

Type
Residential Condo & Other
Style
Condo Apartment
Architectural Style
1 Storey/Apt
Age
6-10
Exposure
East
Bedrooms
1
Kitchens
1
Parking
1 total · Underground
Cross Street
ALLEN STREET WEST
Postal Code
N2J 0E7
Occupancy
Tenant
Possession
Flexible
MLS#
X12910602
Listing Office
CORCORAN HORIZON REALTY

Building Details

Construction
Concrete Block
Roof
Flat
Heating
Forced Air · Gas
Cooling
Central Air
Basement
None
Fireplace
No
Laundry
In-Suite Laundry · Main Level

Features & Amenities

Interior
None
Property
HospitalLibraryParkPlace Of WorshipPublic TransitRec./Commun.Centre
View
Downtown

Financials & Fees

Annual Property Tax
$4,535 (2025)
Condo / HOA Fee
$745.69 / month
Fee Includes
Common Elements Included, Building Insurance Included
Amenities
Community BBQ, Exercise Room, Game Room, Party Room/Meeting Room, Rooftop Deck/Garden, Outdoor Pool
Association
WSCP
Building Name
CIRCA 1877
Locker
None

Inclusions & Exclusions

Inclusions

Dishwasher, Dryer, Range Hood, Refrigerator, Washer

Location

Listing courtesy of:CORCORAN HORIZON REALTY

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

The data relating to real estate on this website comes in part from the MLS® data feed of PropTx Innovations Inc. The information is deemed reliable but is not guaranteed accurate by PropTx.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

© 2026 PropTx Innovations Inc. All rights reserved. MLS®, REALTOR® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA).