181 King Street S Unit 1602, Waterloo, ON N2J 0E7
- $399,900
- 1
- BD
- 1
- BA
- 700
- SqFt
- List Price
- $399,900
- MLS#
- X12910602
- Status
- ACTIVE
- Type
- Condo
- SubType
- Condo Apartment
- Style
- 1 Storey/Apt
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 700-799
- Province
- ON
- Municipality
- Waterloo
- Area
- Waterloo
- Subdivision
- Allen Street West
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.
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Additional Information
- Taxes
- $4,535
- Maintenance Fee
- 745.69
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Kitchens
- 1
- Exterior
- Concrete Block
- Garage Spaces
- 1
- Garage Type
- Underground
- Parking Spaces
- 1
- Parking Type
- None
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Listing courtesy of CORCORAN HORIZON REALTY.