188 King Street S 209, Waterloo, ON N2J 0C6

About this property

TURNKEY UPTOWN WATERLOO INVESTMENT! This stylish and beautifully updated 1-bedroom condo at The RED is now leased to an excellent tenant at $1,895/mo + hydro beginning November 1, 2026, offering investors immediate rental income in one of Waterloo's most vibrant and walkable neighbourhoods. Thoughtfully designed, the 604 sq ft suite features hardwood floors, an updated kitchen with granite countertops, stainless steel appliances and plenty of cabinetry, flowing into a bright, open-concept living space. A shiplap feature wall with built-in display ledges adds character, while oversized windows provide plenty of natural light. Step outside onto the private balcony, a welcome extension of the living space. The bedroom comfortably fits a queen-sized bed and features an oversized armoire for additional storage. The renovated bathroom, custom electronic blinds, in-suite laundry and six appliances complete the suite. One underground parking space and a private storage locker are included. Residents enjoy a fitness centre, party/lounge room, rooftop terrace and bike storage in a professionally managed building. The location is hard to beat, with Vincenzo's and The Bauer Marketplace just across the street, the ION LRT outside your door, and Uptown Waterloo restaurants, cafés, shops and Waterloo Park all within easy walking distance. Convenient to both universities, Grand River Hospital and Waterloo's tech employers. Condo fees include heat and water. Tenant must be assumed. An excellent opportunity to add a well-located, already-tenanted Uptown Waterloo condo to your investment portfolio.

Property facts & features

Property type

Condo Apartment

MLS® number

X13665058

Source status

Price Change

Bedrooms

1

Bathrooms

1

Reported interior area

Not provided

Neighbourhood

Not provided

Postal code

N2J 0C6

Parking spaces

1

Garage

Underground

Annual property tax

4082

Maintenance fee (source period)

383.39

Basement

None

Laundry

In-Suite Laundry

Interior features

Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor, Storage Area Lockers

Exterior features

Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

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