181 South KING ST South #1602, Waterloo, ON N2J0E7
181 South KING ST South #1602, Waterloo, ON N2J0E7
181 South KING ST South #1602, Waterloo, ON N2J0E7
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$399,900
Est. payment /mo
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1 Bed
1 Bath
792 SqFt
Active

181 South KING ST South #1602 Waterloo, ON N2J0E7

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Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Approx. Sqft 792

Square Footage 792 sqft

Price per Sqft $504

Subdivision 415 - Uptown Waterloo/Westmount

MLS® Listing ID 40814174

Bedrooms 1

Condo Fees $745/mo

Property Sub-Type Condo

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Extra Room 1 Main level Measurements not available 4pc Bathroom

Extra Room 2 Main level 12'4'' x 10'1'' Bedroom

Extra Room 3 Main level 15'0'' x 20'0'' Kitchen/Dining room

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Total Parking Spaces 1

Garage Yes

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Condominium


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Listed by Corcoran Horizon Realty
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Scott Henderson

Scott Henderson

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+1(519) 577-7588

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181 South KING ST South #1602