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188 S KING Street S Unit# 209
homes for sale · Waterloo · Uptown Waterloo/Westmount
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$349,900

188 S KING Street S Unit# 209

Uptown Waterloo/Westmount, Waterloo · MLS® 40854355

111

604 sq ft · Condo · Single Family · built 2012 · 74 days on market

listed by BONNIE BENDER, RE/MAX SOLID GOLD REALTY (II) LTD.

realtor's description

TURNKEY UPTOWN WATERLOO INVESTMENT! This stylish and beautifully updated 1-bedroom condo at The RED is now leased to an excellent tenant at $1,895/mo + hydro beginning November 1, 2026, offering investors immediate rental income in one of Waterloo’s most vibrant and walkable neighbourhoods. Thoughtfully designed, the 604 sq ft suite features hardwood floors, an updated kitchen with granite countertops, stainless steel appliances and plenty of cabinetry, flowing into a bright, open-concept living space. A shiplap feature wall with built-in display ledges adds character, while oversized windows provide plenty of natural light. Step outside onto the private balcony, a welcome extension of the living space. The bedroom comfortably fits a queen-sized bed and features an oversized armoire for additional storage. The renovated bathroom, custom electronic blinds, in-suite laundry and six appliances complete the suite. One underground parking space and a private storage locker are included. Residents enjoy a fitness centre, party/lounge room, rooftop terrace and bike storage in a professionally managed building. The location is hard to beat, with Vincenzo’s and The Bauer Marketplace just across the street, the ION LRT outside your door, and Uptown Waterloo restaurants, cafés, shops and Waterloo Park all within easy walking distance. Convenient to both universities, Grand River Hospital and Waterloo’s tech employers. Condo fees include heat and water. Tenant must be assumed. An excellent opportunity to add a well-located, already-tenanted Uptown Waterloo condo to your investment portfolio.

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property details

type
Condo, Single Family
bedrooms
1
bathrooms
1
living area
604 sq ft
parking
1
year built
2012
property tax
$4,082 / yr
strata fee
$383 / mo ($0.63 / sq ft)
days on market
74
MLS®
40854355

features

  • Southern exposure
  • Balcony
  • Automatic Garage Door Opener
  • Community Centre
  • Washer
  • Refrigerator

monthly cost

$2,248/mo
Mortgage $1,524 · Tax $340 · Strata $383

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$1,524/ monthly
loan $279,920
25-year amortization
total interest
$177,424
cash to close
$69,980
down payment; transfer tax and fees not included
total paid
$457,344

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
BONNIE BENDER
RE/MAX SOLID GOLD REALTY (II) LTD.
call BONNIE · 519-778-0110
Powered by: REALTOR.ca
▶ virtual tour

location

Uptown Waterloo/Westmount, WaterlooGoogle Maps ↗

location

Uptown Waterloo/Westmount, WaterlooGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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