living area with light wood-type flooring, a view of city, and recessed lighting Features: wood finish floor, baseboards wall, natural light, vent, city view, recessed lighting, drywall More Photos

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    For Sale - 181 King Street Unit# 1602, Waterloo, Ontario

    Est payment $1,920/mo
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    Views   1
    Time on Jump  102 day

    AI Summary *

    • Turnkey investment with a secure, long-term lease for 5+ years.
    • Fully managed structure for hassle-free ownership experience.
    • Reputable tenant handles all property management responsibilities.
    • Passive income from day one with stable returns.
    • Located in a high-demand urban market for long-term stability.




    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.
    Listing IDX12910602
    Address181 King Street Unit# 1602
    CityWaterloo, Ontario
    Price$399,900
    Bed / Bath1 / 1 Full
    Style1 Storey/Apt, Condo Apartment
    ConstructionConcrete Block
    TypeCondominium
    StatusFor Sale

    Subtype Condo ApartmentIndoor Features None, In-Suite LaundryAmenities Hospital, Library, Park, Place Of Worship, Public Transit, Rec./Commun.CentreViews DowntownBuilding Amenities Community BBQ, Exercise Room, Game Room, Party Room/Meeting Room, Rooftop Deck/Garden, Outdoor PoolBasement NoneFoundation ConcreteHeating / Cooling Forced AirHeating Fuel Gas

    Parking 1.00
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    Listing Agency:  CORCORAN HORIZON REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

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    181 King Street Unit# 1602
    Waterloo , Ontario
    1 1 $399,900
    Get more info