Rosemarie Vella-Noor

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1602 - 181 KING STREET S, Waterloo, Ontario

$399,900

1 Bed
1 Bath

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:23309)

Listing ID: X12910602
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Kitchen	Main level	4.57 m x 6.1 m
Bedroom	Main level	3.76 m x 3.07 m

Details

Amenities Nearby: Hospital, Park, Place of Worship, Public Transit
Community Features: Pets Allowed With Restrictions, Community Centre
Features: Balcony, In suite Laundry
Maintenance Fee: 745.69
Maintenance Fee Type: Common Area Maintenance, Insurance
Maintenance Fee Payment Unit: Monthly
Management Company: KING CONDO MGMT
Ownership: Condominium/Strata
Parking Spaces: 1
Pool: Outdoor pool
Transaction: For sale
Zoning Description: U2-81

Building

Amenities: Exercise Centre, Recreation Centre, Party Room
Appliances: Dishwasher, Dryer, Hood Fan, Washer, Refrigerator
BasementType: None
Bedrooms Main Level: 1
Cooling: Central air conditioning
Exterior Finish: Concrete Block
Fireplace Present: False
Foundation: Concrete
Bathrooms (Total): 1
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 700 - 799 sqft
Type: Apartment

Land

Amenities: Hospital, Park, Place of Worship, Public Transit

Listing provided by CORCORAN HORIZON REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1602 - 181 KING STREET S in Waterloo Ontario. It was last modified on March 23rd, 2026. Contact Rosemarie Vella-Noor to schedule a viewing or to discover other Waterloo properties for sale.

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