Living room with furniture, unknown for 181 King St #1602, Waterloo Ontario N2J 0E7
1 hour 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 market1 hour

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

Kitchen

4.57 x 6.1

Br

3.76 x 3.07


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
1 hour 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

Strong 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

38 days

Compared to

2025

37 days

2024

39 days

2023

25 days

New Listings

Past 30 days

19 listings

Compared to

2025

26 listings

2024

20 listings

2023

15 listings

Units sold

Past 30 days

4 units

Compared to

2025

6 units

2024

6 units

2023

6 units

Median Sold Price

Past 30 days

$502,500

Compared to

2025

$537,500

2024

$507,500

2023

$500,506


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