Living room with furniture, unknown for 181 King St #1602, Waterloo Ontario N2J 0E7
20 days on Market

181 King St #1602, Waterloo, Ontario N2J 0E7

In the same building:
-
Condo
1
1
~700-799 sqft
$399,900
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Condo
1
1
~700-799 sqft

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Highlights

Property Estimate

Days on market20 days

Estimated valueNot available

Price/Sqft$536/sqft

Monthly cost

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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 Details

Style1 Storey/Apt
ViewDowntown
Age of property6-10
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12910602
Community NameCentral
Data SourceTRREB
Listing byCORCORAN HORIZON REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Br

3.76 x 3.07

Kitchen

4.57 x 6.1


Features

Patio: Encl
Balcony: Encl

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


16Story
Amenities

Community BBQ, Exercise Room, Games Room, Party/Meeting Room, Rooftop Deck/Garden, Outdoor Pool

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Mar 23, 2026
ListedActive
$399,900
20 days on market
history photo preview29
Listing by trreb®
Property listed by CORCORAN HORIZON REALTY, Brokerage
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Market Data - Central

Geo Zone Map ThumbnailCentral

Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

23 days

Compared to

2025

23 days

2024

49 days

2023

58 days

New Listings

Past 30 days

23 listings

Compared to

2025

35 listings

2024

21 listings

2023

14 listings

Units sold

Past 30 days

7 units

Compared to

2025

5 units

2024

9 units

2023

11 units

Median Sold Price

Past 30 days

$460,000

Compared to

2025

$482,000

2024

$535,000

2023

$515,000


Population and Demographics

Overview

Total population 13995
Average household income $123,262

Age (%)

0 to 19
13%
20 to 34
38%
35 to 49
15%
50 to 64
13%
65 and plus
21%

Household composition (%)

Single person
44%
Single family
43%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
79%
Others
5%
Mandarin
5%
German
2%
Spanish
1%
French
1%
Hindi
1%
Arabic
1%

House tenancy (%)

Renters
64%
Owners
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget