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
1602 - 181 KING STREET S
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
700 - 799 Sq. Ft.
Maint. Fee
$745.69
MLS® Number
X12910602
Listing Brokerage
CORCORAN HORIZON REALTY
Basement Area
None
Postal Code
N2J0E7
Zoning
U2-81
Site Influences
Hospital, Park, Place of Worship, Public Transit
Features
Balcony, In suite Laundry
Amenities
Exercise Centre, Recreation Centre, Party Room
