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:4069)
Address
181 S KING Street S Unit# 1602
List Price
$399,900
Property Type
Single Family
Type of Dwelling
Single Family
Transaction Type
Sale
Area
Ontario
Sub-Area
Waterloo
Bedrooms
1
Bathrooms
1
Floor Area
792 Sq. Ft.
Maint. Fee
$745.69
MLS® Number
40814174
Listing Brokerage
Corcoran Horizon Realty
Basement Area
None
Postal Code
N2J0E7
Zoning
U2-81
Site Influences
Hospital, Park, Playground, Schools, Shopping
Features
Southern exposure, Balcony
Amenities
Exercise Centre, Party Room
