Listed for:Listed Mar 23, 2026
$399,900

Unit 1602, 181 King Street S

Waterloo (Uptown West), ON N2J 0E7

Condo Apartment For Sale
Circa 1877 exteriorCirca 187719 storeys, 187 suites, built 2021
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit 1602, 181 King Street S, Waterloo, Uptown West

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 1602, 181 King Street S, Waterloo, Uptown West

Summarized Description

  • Exceptional turnkey investment opportunity in Uptown Waterloo.
  • Fully managed structure ensures hassle-free ownership.
  • Secure long-term lease in place for 5+ years.
  • Ideal for investors seeking passive income.
  • Located in a high-demand urban market.
  • Offers minimal involvement and stable returns.
  • Comprehensive arrangement integrated into rental income.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,535
Land Transfer Tax Fee
$4,474

Condo/Maintenance Fee

Maintenance Fee
$746 /month

Included In Maintenance Fee

  • Common Elements Included
  • Building Insurance Included

Rental Items

Under Contract
Other

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry
Laundry Level
Main Level
Interior Extras
None
View
Downtown
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Enclosed

Building Amenities

  • Community BBQ
  • Exercise Room
  • Game Room
  • Party Room/Meeting Room
  • Rooftop Deck/Garden
  • Outdoor Pool

Building

Building Type
Condo Apartment
Building Style
1 Storey/Apt
Building Name
CIRCA 1877
Approx Age
6-10
Condo Corp Number
714

Construction

Exposure
East
Exterior Finish
Concrete Block
Roof
Flat
Foundation Details
Concrete
Special Designation
Other

Inclusions

Inclusions
Dishwasher, Dryer, Range Hood, Refrigerator, Washer

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Exclusive
Parking Spaces
0
Total Garage And Parking Spaces
1

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
1
Washrooms
1
Kitchens
1

Room sizes

  • Kitchen—
    Main level
  • Bedroom—
    Main level

Washrooms

  • 4-piece, Main

Municipality
Waterloo
Neighbourhood
Uptown West
Main cross streets
ALLEN STREET WEST
Zoning
U2-81
Directions
ON THE INTERSECTION OF KING STREET SOUTH AND ALLENSTREET WEST

MLS® number
X12910602
Data source
Toronto Regional Real Estate Board
Listed on
2026-03-23
Updated on
2026-08-24
Days on market
206 days
Possession date
2026-04-30
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
CORCORAN HORIZON REALTY

Home Market Value

Current home valuation for Unit 1602, 181 King Street S, Waterloo, Uptown West, Waterloo, ON. Listed for $399,900

HOMEH Estimate

?

$400,086

Estimated Sales Range

?

$348,843 - $477,935

HOMEH Estimate for Unit 1602, 181 King Street S, Waterloo, Uptown West

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$400,086High confidence
Based on 3 comparable properties
− $186 (0%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Waterloo, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$19,995

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$15,196$11,157$9,518$0
=Total mortgage
$395,101$371,067$349,433$319,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,929monthly$1,812monthly$1,706monthly$1,562monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$4,474

Total Land Transfer Tax

$4,474

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