$399,900
181 King Street S 1602, Waterloo, ON N2J 0E7
Waterloo · N2J 0E7
Listing brokerage: CORCORAN HORIZON REALTY
- Beds
- 1
- Baths
- 1
- Sq ft
- 700–799
- Parking
- 1
Monthly costs
Maintenance
$746/mo
$0.99 per sq ft
Property taxes
$378/mo
$4,535 a year (2025)
About $1,124 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Common Elements
- Covered: Building Insurance
- Not covered: Heat
- Not covered: Hydro
- Not covered: Water
- Not covered: Air conditioning
Bills not covered are paid by the owner.
The unit
- Exposure
- East
- Parking
- 1 spot · Underground
- Locker
- None
- Balcony
- Enclosed
- Laundry
- In-Suite Laundry
- Age
- 6-10 years
- Possession
- Flexible
The building
181 King Street S 1602
- 5 for sale
- 1 for rent
About this home
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.
All details25 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 3
- Size
- 700-799 sq ft
Building & Amenities
- Floor
- 16
- Property management
- KING CONDO MGMT
Amenities
- Community BBQ
- Exercise Room
- Game Room
- Party Room/Meeting Room
- Rooftop Deck/Garden
- Outdoor Pool
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
Parking
- Covered spaces
- 1
Exterior & Lot
- Style
- 1 Storey/Apt
- Exterior
- Concrete Block
- Roof
- Flat
- Foundation
- Concrete
- View
- Downtown
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- X12910602
- Type
- Condo Apartment
- Transaction
- For Sale
- Cross streets
- ALLEN STREET WEST
Rooms · 3Kitchen, Bedroom, Washroom
Kitchen
Main
4.57 × 6.10 m · 15′0″ × 20′0″
Bedroom
Main
3.76 × 3.07 m · 12′4″ × 10′1″
4-piece washroom
Main
History
Past listings and sales for this home and building.
Location
181 King Street S 1602, Waterloo, ON N2J 0E7 · Near ALLEN STREET WEST
Monthly cost
Estimated monthly cost
$2,894/mo
- Mortgage
- $1,771
- Property tax
- $378
- Maintenance
- $746
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$86,960
$79,980 down + $6,980 to $8,230 in closing costs
- Ontario land transfer tax
- $4,474
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $224
- Condo fee adjustment
- $433
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
Other homes in 181 King Street S 1602
6
$2,600/mo
Unit 607
1 + Den · 1 ba · 800-899 sq ft
Listing brokerage: HOMELIFE/MIRACLE REALTY LTD
$995,900
Unit 1901
2 bd · 3 ba · 1400-1599 sq ft
Listing brokerage: THE AGENCY
$299,000
Unit 1607
1 bd · 1 ba · 500-599 sq ft
Listing brokerage: RE/MAX Real Estate Centre Inc.
$425,000
Unit 608
1 bd · 1 ba · 700-799 sq ft
Listing brokerage: EXP REALTY
$1,099,000
Unit 1907
2 bd · 2 ba · 1400-1599 sq ft
Listing brokerage: THE AGENCY
$369,900
Unit 1812
1 bd · 1 ba · 500-599 sq ft
Listing brokerage: RE/MAX TWIN CITY REALTY INC.
The listing information is deemed reliable but is not guaranteed accurate by 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.
$399,900
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