Open New Doors Real Estate
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$399,900

181 S King Street S Unit 1602

Waterloo, N2J0E7

1 bd1 ba792 sq ftCondoListed 7 months agoExplore Uptown Waterloo →

Listed by Corcoran Horizon Realty · MLS® 40814174

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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.

Details

Storeys
1
Living area
792 square feet
Taxes
$4,535
Condo fee
$746 monthly
Parking
1 space · Underground, None
Heating
Forced air
Cooling
Central air conditioning
Exterior
Concrete block, Concrete Walls, Concrete
Appliances
Washer, Refrigerator, Dishwasher, Dryer, Hood Fan
Water
Municipal water
Sewer
Municipal sewage system
Ownership
Condo/Strata

Features: Southern exposure, Balcony, Exercise Centre, Party Room

Rooms

LevelRoomSize
Main level4pc Bathroom
Main levelBedroom10'1'' x 12'4''
Main levelKitchen/Dining room20'0'' x 15'0''

Location

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