60 days on Market

188 King St #604, Waterloo, Ontario N2J 1P9

In the same building:
-
Condo
3
2
~1854 sqft
$1,549,000
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Condo
3
2
~1854 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$835/sqft

Est. Mortgage$6,652/mo

Maintenance fees$1314/mo

Tax Amount (2024)$7,126/yr

Days On Market60 days


Description

Discover a one-of-a-kind penthouse unit at The Red, 604-188 King Street S, where modern living meets boutique charm in the heart of Uptown Waterloo. Nestled in a quiet, low-rise building, this residence offers an intimate and community-oriented living experience while delivering all the conveniences of a condo lifestyle. Fully customized by combining two units into one, this home boasts a spacious and functional layout unlike any other in the building. With over $200k in recent updates, including coffered ceilings, luxurious new bathrooms, a deep custom soaker tub, custom closets and power blinds throughout, every detail exudes elegance and comfort, thanks to the thoughtful design by Susan Tait Design. The private balcony, equipped with a gas hookup for a BBQ, offers breathtaking city-spanning views and tranquil vistas of the residential area below, providing a peaceful retreat from the busy street. Inside, a gas fireplace adds warmth and ambiance, making the space as inviting as it is refined. With 2 bedrooms, a large den/office, 2 full bathrooms, and nearly 1,900 sq. ft. of thoughtfully designed living space, this penthouse is perfect for those seeking a rare and spacious condo in a vibrant location. The building’s prime setting places you steps from an LRT stop for effortless transit, while a short walk brings you to Vincenzo’s, The Bauer Kitchen, boutique shops, cafes, and restaurants. For added convenience, the unit includes two underground parking spaces, a secure storage locker, and access to private communal EV parking, making it ideal for modern living. The condo fees cover all utilities except hydro, simplifying monthly expenses. Whether you’re seeking a lifestyle change or a sophisticated home in an exclusive setting, this penthouse offers the perfect blend of convenience, luxury, and community. Don’t miss this rare opportunity to own a truly unique residence in Uptown Waterloo—your perfect retreat awaits at The Red.


Property Details

Style1 Storey/Apt
View-
Age of property2012
SqFt~1854 SqFt
Lot Size-
Parking Spaces2
MLS ®Number40704954
Community NameCentral
Data SourceITSO
Listing byRE/MAX TWIN CITY REALTY INC., BROKERAGE

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air

Main Floor

Bathroom

15.08 x 12.11

4-Piece

Bedroom

15.08 x 9.06

Bedroom Primary

13.11 x 10.04

Living Room

11.11 x 13.05


Features

Sewer (Municipal)

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Amenities

Fitness Center, Party Room, Roof Deck

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Mar 11, 2025
ListedActive
$1,549,000
60 days on market
history photo preview44
Listing by itso®
Property listed by RE/MAX TWIN CITY REALTY INC., BROKERAGE, 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

33 days

Compared to

2024

26 days

2023

27 days

2022

8 days

New Listings

Past 30 days

39 listings

Compared to

2024

38 listings

2023

16 listings

2022

29 listings

Units sold

Past 30 days

12 units

Compared to

2024

12 units

2023

14 units

2022

14 units

Median Sold Price

Past 30 days

$677,500

Compared to

2024

$615,000

2023

$502,000

2022

$697,000


Population and Demographics

Overview

Total population 13995
Average household income $123,262

Age (%)

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

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%

Schools and amenities

Estimated Budget