181 King Street S 1602

181 King Street S 1602 in Waterloo - 1 bedroom, 1 bathroom. Listed at $399,900.

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.

Property Details

• Property Type: Mortgage
• Style: 1 Storey/Apt
• Square Footage: 750 sqft
• Basement: None
• Heating: Gas
• Cooling: Central Air
• Parking: 1 space
• Property Taxes: $4,535/yr
• Postal Code: N2J 0E7

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