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For Sale
$399,900
Estimated monthly cost
$2,984/mo
20% down • 5.00% rate • 25 yr • incl. tax + condo fee

181 King Street South #1602, Waterloo, ON N2J 0E7

Waterloo
1 / 1
1
Bed
1
Bath
1
Parking
700–799 ft²
Size
Property type
Condo Apartment
Listed
91 Days
Condo fee
$746 / month
MLS® number
X12910602
Listing brokerage
CORCORAN HORIZON REALTY

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.

Property Details

Ownership
Condo Fee
$746 / month
Property Taxes
$4,535 /yr (2025)
Fee Includes
Common Elements IncludedBuilding Insurance Included
Exposure
East
Balcony
Enclosed
Property
Building Age
6–10 years
Basement
None Basement
Exterior Finish
Concrete Block
Heating
Forced Air · Gas
Cooling
Central Air
Laundry
Ensuite
Parking
Garage Type
Underground
Listing
MLS® Number
X12910602
Listed Date
Mar 23, 2026
Last Updated
Mar 24, 2026

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School Zones

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Location

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$399,900
181 King Street South #1602, Waterloo, ON N2J 0E7

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. Used under licence.

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