188 S King Street S Unit# 209, Waterloo
TURNKEY UPTOWN WATERLOO INVESTMENT! This stylish and beautifully updated 1-bedroom condo at The RED is now leased to an excellent tenant at $1,895/mo + hydro beginning November 1, 2026, offering investors immediate rental income in one of Waterloo’s most vibrant and walkable neighbourhoods. Thoughtfully designed, the 604 sq ft suite features hardwood floors, an updated kitchen with granite countertops, stainless steel appliances and plenty of cabinetry, flowing into a bright, open-concept living space. A shiplap feature wall with built-in display ledges adds character, while oversized windows provide plenty of natural light. Step outside onto the private balcony, a welcome extension of the living space. The bedroom comfortably fits a queen-sized bed and features an oversized armoire for additional storage. The renovated bathroom, custom electronic blinds, in-suite laundry and six appliances complete the suite. One underground parking space and a private storage locker are included. Residents enjoy a fitness centre, party/lounge room, rooftop terrace and bike storage in a professionally managed building. The location is hard to beat, with Vincenzo’s and The Bauer Marketplace just across the street, the ION LRT outside your door, and Uptown Waterloo restaurants, cafés, shops and Waterloo Park all within easy walking distance. Convenient to both universities, Grand River Hospital and Waterloo’s tech employers. Condo fees include heat and water. Tenant must be assumed. An excellent opportunity to add a well-located, already-tenanted Uptown Waterloo condo to your investment portfolio. (id:1945)
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Property details for 188 S King Street S Unit# 209, Waterloo
- Type
- Apartment
- Style
- Other
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 604 square feet
- Stories
- 1
- Basement
- None
- Parking
- Underground, None
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick
- Ownership
- Condo/Strata
- Annual Taxes
- $4,082
- Condo Fee
- $383 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 188 S King Street S Unit# 209
Active Listings
26
Min Price
$209,900
Max Price
$425,000
Avg Price
$332,942
Days on Market
104
days
Sold Listings
11
Min Sold Price
$264,999
Max Sold Price
$519,900
Avg Sold Price
$360,144
Days until Sold
95
days
Neighbourhood Census Data
Waterloo, Ontario
Population
1,214
Median Age
48.9
Median Income
$44,105
Dwelling Value
$473,287
Housing Tenure
Owners 46%
Renters 53%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.7
Pop. Density: 3,400.6/km²
Avg Shelter Cost: $1,591/mo
Owners with Mortgage: 60.9%
Owners Spending 30%+: 19.4%
Tenants Spending 30%+: 36.1%
English only: 85.2%
English and French: 14.4%
Neither: 0.4%
Median Household Income: $71,104
Median Employment Income: $43,200
Price History
Listed
August 12, 2026
by RE/MAX SOLID GOLD REALTY (II) LTD.
Current Price
$349,900
+16.7% from last change
Type
Apartment
For Sale
Price Changes
3
| Date | Price | Change |
|---|---|---|
| Current | $349,900 | +$50,000 (+16.7%) |
| Sep 17, 2026 | $299,900 | $70,000 (-18.9%) |
| Sep 9, 2026 | $369,900 | $10,000 (-2.6%) |
| Aug 27, 2026 | $379,900 | Listed |
