1602 - 181 King Street S

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.

type

Condo, Single Family

bedrooms

1

bathrooms

1

parking

1

property tax

$4,535 / yr

strata fee

$746 / mo

strata rules

Pets Allowed With Restrictions

days on market

215

MLS®

X12910602

• Balcony
• In suite Laundry
• Community Centre
• Pets Allowed With Restrictions
• Washer
• Refrigerator