181 S King Street S Unit# 1602, Waterloo
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. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 181 S King Street S Unit# 1602, Waterloo
- Type
- Apartment
- Style
- Other
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 792 square feet
- Stories
- 1
- Basement
- None
- Parking
- Underground, None
- Heating
- Forced air
- Cooling
- Central air conditioning
- Exterior
- Concrete
- Ownership
- Condo/Strata
- Annual Taxes
- $4,535
- Condo Fee
- $746 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 181 S King Street S Unit# 1602
Active Listings
27
Min Price
$209,900
Max Price
$519,900
Avg Price
$339,866
Days on Market
92
days
Sold Listings
17
Min Sold Price
$264,999
Max Sold Price
$519,900
Avg Sold Price
$341,558
Days until Sold
98
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
March 23, 2026
by Corcoran Horizon Realty
Current Price
$399,900
Type
Apartment
For Sale
