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:47421)
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Detailed Information
Bedrooms
1
Bathrooms
1
Amenities Nearby
Hospital, Park, Playground, Schools, Shopping
Features
Southern exposure, Balcony
Listing Contract Date
2026-03-23
Location Description
ON THE INTERSECTION OF KING STREET SOUTH AND ALLEN STREET WEST
Maintenance Fee Payment Frequency
Monthly
Ownership Type
Condominium
# of Parking Spaces
1
Property Type
Single Family
Transaction Type
For sale
Zoning Description
U2-81
Building
Amenities
Exercise Centre, Party Room
Appliances
Dishwasher, Dryer, Refrigerator, Washer, Hood Fan
Basement Type
None
Construction Material
Concrete block, Concrete Walls
Construction Style (Attachment)
Attached
Cooling Type
Central air conditioning
Exterior Finish
Concrete
Heating Type
Forced air
Stories Total
1
Type
Apartment
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
4pc Bathroom
Main level
Measurements not available
Bedroom
Main level
12'4'' x 10'1''
Kitchen/Dining room
Main level
15'0'' x 20'0''
Parking Spaces
Name
Spaces
Underground
None
Land
Total Size
Unknown
Access Type
Road access
Amenities
Hospital, Park, Playground, Schools, Shopping
Sewer
Municipal sewage system
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