1602 - 181 KING STREET S
Waterloo, Ontario
MLS® X12910602
$399,900
- Status
- Active
- Property type
- House
- MLS® number
- X12910602
- Bedrooms
- 1
- Bathrooms
- 1
- Year built
- —
1 / 29Listing 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.
Property summary
- MLS® number
- X12910602
- Property type
- Single Family
- Building type
- Apartment
- Title
- Condo/Strata
- Annual property taxes
- $4,535.00
- Parking
- 1 space · Garage, Underground
- Days on market
- 166 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- None
- Appliances
- Washer, Refrigerator, Dishwasher, Dryer, Hood Fan
- Exterior features
- Concrete Block
- Lot features
- Balcony, In suite Laundry
- Community features
- Community Centre, Pets Allowed With Restrictions
- Pool
- Outdoor pool
- Maintenance fee
- $745.69 / Monthly
What would this home cost you?
Based on the $399,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CORCORAN HORIZON REALTY, KITCHENER.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.