Property Information:

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:27)

Building Features:

Style: Apartment
Building Type: Apartment
Amenities: Exercise Centre, Party Room
Basement Type: None
Construction Material: Concrete block, Concrete Walls
Construction Style - Attachment: Attached
Exterior Finish: Concrete
Floor Space: 792 sqft
Heating Type: Forced air
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Refrigerator, Washer, Hood Fan

Property Features:

OwnershipType: Condominium
Property Type: Single Family
Bedrooms: 1
Bathrooms: 1
Access Type: Road access
Amenities Nearby: Hospital, Park, Playground, Schools, Shopping
Condo Fees: $745 Monthly
Features: Southern exposure, Balcony
Floor Space (approx): 792 Square Feet
Zoning: U2-81
Sewer: Municipal sewage system
Parking Type: Underground, None
No. of Parking Spaces: 1

Rooms:

Bathroom Main Level Measurements not available
Bedroom Main Level 12'4'' x 10'1''
Kitchen Main Level 15'0'' x 20'0''

Courtesy of: Corcoran Horizon Realty

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Demographic Information of 181 S KING Street S Unit# 1602, Waterloo, Ontario, N2J 0E7

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$173,093.79

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.24 %

High school certificate or equivalent

18.16 %

Apprenticeship trade certificate/diploma

1.92 %

College/non-university certificate

15.05 %

University certificate (below bachelor)

2.44 %

University Degree

56.18 %

Commuter

Travel To Work

By Car

71.11 %

By Public Transit

3.96 %

By Walking

14.58 %

By Bicycle

0.61 %

By Other Methods

9.74 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

47.03 %

Houses

52.97 %

181 S KING Street S Unit# 1602, Waterloo, Ontario, N2J 0E7