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Basara.

Waterloo · Uptown Waterloo/Westmount · Townhouse · MLS# 40814174

181 S KING Street S Unit# 1602

$399,900

1

bed

1

bath

792

sqft

Townhouse · $505/sqft

Ask an agent about this property

Listed March 23, 2026

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. (id:59491)

The full record.

Property typeTownhouse
Square footage792 sqft
Lot size0
Bedrooms1
Bathrooms1
HeatingForced air
CoolingCentral air conditioning
ExteriorConcrete block,Concrete Walls
ListedMarch 23, 2026

How this listing prices against Uptown Waterloo/Westmount.

13

Sales

$827,499

Median price

26

Days on market

95.8%

% of list

45

Active listings

N/A

Months supply

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($79,980)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$1,831

Principal$319,920
Total interest$229,466
Total paid$549,386

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

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181 S KING Street S Unit# 1602, Waterloo — $399,900