181 South KING Street South Unit 1602, Waterloo, Ontario N2J0E7
Listing courtesy of Corcoran Horizon Realty.
- $399,900
- 1
- BD
- 1
- BA
- 792
- SqFt
- List Price
- $399,900
- MLS®
- 40814174
- Days on Market
- 125
- Status
- ACTIVE
- Type
- Condo
- Subtype
- Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 792
- Subdivision
- 415 - Uptown Waterloo/Westmount
Property 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. (id:5764)
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Additional Information
- Ownership
- Condo/Strata
- Subdivision
- 415 - Uptown Waterloo/Westmount
- Parking Spaces
- 1
- Construction Materials
- Concrete block, Concrete Walls
- Cooling
- Central air conditioning
- Country
- Canada
- Sewer
- Municipal sewage system
- Heating
- Forced air
- Lot Features
- Southern exposure, Balcony
- Stories
- 1
