1602 - 181 King Street S Waterloo, Ontario N2J 0E7

$399,900

Maintenance, Common Area Maintenance, Insurance

$745.69 Monthly

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:55460)

Property Details

MLS® Number	X12910602
Property Type	Single Family
Amenities Near By	Hospital, Park, Place Of Worship, Public Transit
Community Features	Pets Allowed With Restrictions, Community Centre
Features	Balcony, In Suite Laundry
Parking Space Total	1
Pool Type	Outdoor Pool

Building

Bathroom Total	1
Bedrooms Above Ground	1
Bedrooms Total	1
Age	6 To 10 Years
Amenities	Exercise Centre, Recreation Centre, Party Room
Appliances	Dishwasher, Dryer, Hood Fan, Washer, Refrigerator
Basement Type	None
Cooling Type	Central Air Conditioning
Exterior Finish	Concrete Block
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	700 - 799 Ft2
Type	Apartment

Parking

Underground
Garage

Land

Acreage	No
Land Amenities	Hospital, Park, Place Of Worship, Public Transit
Zoning Description	U2-81

Rooms

Level	Type	Length	Width	Dimensions
Main Level	Kitchen	4.57 m	6.1 m	4.57 m x 6.1 m
Main Level	Bedroom	3.76 m	3.07 m	3.76 m x 3.07 m

https://www.realtor.ca/real-estate/29504301/1602-181-king-street-s-waterloo