181 King Street S 1602, Waterloo, ON N2J 0E7
Waterloo, ON, N2J 0E7
About this property
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.
Features & Amenities
- Garage: Underground
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 1 Storey/Apt
- Construction: Concrete Block
- Exposure: East
Property Details
| Property Type | Residential Condo & Other |
|---|---|
| Property Sub-Type | Condo Apartment |
| Architectural Style | 1 Storey/Apt |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Basement | None |
| Garage | Underground |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Annual Tax | $4,535 |
| Tax Year | 2025 |
| Association Fee | $746 / |
Interior Features
- Interior Features
- None
- Laundry Features
- In-Suite Laundry
- Ensuite Laundry
- Yes
Exterior Features
- Balcony Type
- Enclosed
Building & Construction
- Architectural Style
- 1 Storey/Apt
- Construction Materials
- Concrete Block
- Foundation Details
- Concrete
- Roof
- Flat
- Basement
- None
- Approximate Age
- 6-10
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Underground
- Garage
- Yes
- Parking Spaces
- 0
- Parking Total
- 1.00
- Parking Features
- None
- Covered Spaces
- 1
Community & Neighborhood
- Property Features
- Hospital, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
- Association Amenities
- Community BBQ, Exercise Room, Game Room, Party Room/Meeting Room, Rooftop Deck/Garden, Outdoor Pool
- Association Name
- WSCP
Financial & Tax
- Tax Annual Amount
- $4,535
- Tax Year
- 2025
- Tax Assessed Value
- $331,000
- Association Fee
- $746
- Association Fee Includes
- Common Elements Included, Building Insurance Included
- Possession Type
- Flexible
Room Details
- Rooms Above Grade
- 3
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Exposure
- East
- County Or Parish
- Waterloo
- Cross Street
- ALLEN STREET WEST
- Directions
- ON THE INTERSECTION OF KING STREET SOUTH AND ALLENSTREET WEST
- Special Designation
- Other
- Showing Requirements
- Showing System
Location
181 King Street S 1602, Waterloo, ON N2J 0E7, Waterloo, ON, N2J 0E7