181 King Street S • #1602 • Waterloo, ON photo 1
181 King Street S • #1602 • Waterloo, ON photo 2
181 King Street S • #1602 • Waterloo, ON photo 3
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$399,900
181 King Street S • #1602 • Waterloo, ONNew
Courtesy of CORCORAN HORIZON REALTY
1
Bedroom
1
Bathroom
700-799
Square feet
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 details

Property type
Condo Apartment
Style
1 Storey/Apt
Approx. age (yrs)
6-10
Total rooms
3
Maintenance fee
$745.69/mo
Exposure
East
Property taxes
$4,535 (2025)
Days on market
155
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Aug 22, 2026, 2:55 p.m. EDT via TRREB IDX.

First listed: Mar 23, 2026, 1:24 p.m. EDT.