1602 - 181 King Street S, 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)
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Property details for 1602 - 181 King Street S, Waterloo
- Type
- Apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Basement
- None
- Parking
- Garage, Underground
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Concrete Block
- Ownership
- Condo/Strata
- Annual Taxes
- $4,535 (2026)
- Condo Fee
- $746 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 1602 - 181 King Street S
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
March 23, 2026
by CORCORAN HORIZON REALTY
Current Price
$399,900
Type
Apartment
For Sale
Contact Agent Get in touch about 1602 - 181 King Street S, Waterloo
Bianca Scaletta
CORCORAN HORIZON REALTY
