181 King Street South Unit 1602, Waterloo, Ontario N2J0E7

Listing courtesy of .

$399,900
1
BD
1
BA

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List Price
$399,900
MLS®
X12910602
Days on Market
125
Status
ACTIVE
Type
Condo
Subtype
Single Family
Bedrooms
1
Bathrooms
1

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)

Additional Information

Ownership
Condo/Strata
Garage
Yes
Parking Spaces
1
Pool
Yes
Cooling
Central air conditioning
Country
Canada
Community Features
Community Centre, Pets Allowed With Restrictions
Heating
Forced air, Natural gas
Lot Features
Balcony, In suite Laundry
Pool Features
Outdoor pool

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Calculator source: Real Geeks