Condo for sale at 1602-181 King Street, Waterloo, Ontario, N2J 0E7 - MLS: X12910602

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for sale
for lease
sold
leased
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1602-181 King Street

Waterloo, Ontario, N2J 0E7 -

$399,900

Neighbourhood
Major Intersection

ALLEN STREET WEST

Listed Since: 2 day(s)
Last update: today

Overview

Property Type

Condo Apt, 1 Storey/Apt
Bedrooms

1
Bathrooms

1
Square Feet

700-799
Exposure

East
Total Parking

1 Underground Garage
Maintenance

$746
Taxes

$4,535.00 (2025)
Balcony

Encl

Property Description

Property description for 1602-181 King Street, Waterloo

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.

Listed by CORCORAN HORIZON REALTY

Property details

MLS #

X12910602
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

Downtown
Garage

Underground, 1 spaces
Parking Type

Exclusive
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Concrete Block
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Community BBQ,Exercise Room,Games Room,Party/Meeting Room,Rooftop Deck/Garden,Outdoor Pool
Maintenance Fee Includes

n/a
Property Management

KING CONDO MGMT
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

X12910602
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

Downtown
Garage

Underground, 1 spaces
Parking Type

Exclusive
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Concrete Block
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Community BBQ,Exercise Room,Games Room,Party/Meeting Room,Rooftop Deck/Garden,Outdoor Pool
Maintenance Fee Includes

n/a
Property Management

KING CONDO MGMT
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Kitchen

4.57 x 6.1 ft Main level
Br

3.76 x 3.07 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Condo Apt in Waterloo

Active listings

169

Average Selling Price of a Condo Apt

February 2026

$462,522

Last 3 Months

$451,175

Last 12 Months

$451,196

February 2025

$440,913

Last 3 Months LY

$478,968

Last 12 Months LY

$491,665

Change

-6%

Change

-8%

Historical Average Selling Price of a Condo Apt in

Average Selling Price

3 years ago

$445,575

Average Selling Price

5 years ago

$401,860

Average Selling Price

10 years ago

$311,322

Change

15%

Change

49%

Number of Condo Apt Sold

February 2026

Last 3 Months

Last 12 Months

February 2025

Last 3 Months LY

Last 12 Months LY

Change

13%

Change

How many days Condo Apt takes to sell (DOM)

February 2026

Last 3 Months

Last 12 Months

February 2025

Last 3 Months LY

Last 12 Months LY

Change

10%

Change

30%

Average Selling price

Inventory Graph

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Purchase Price

First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.