209-188 King Street S,Waterloo, ON N2J 0C6
Waterloo, ON N2J 0C6
Description
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.
Details
| MLS # | 40854355 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Building Name | The Red |
| HOA Dues | $383 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2012 |
| Days On Site | 56 |
| Listing Provided By | RE/MAX SOLID GOLD REALTY (II) LTD. | Bonnie Bender |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 604 |
| Garage | 1 |
| Story(s) | 1 |
| Zoning | C2 |
Interior
| Appliances | Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer |
|---|---|
| Rooms Total | 5 |
| Interior Features | Auto Garage Door Remote(s), Built-In Appliances |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Window Features | Window Coverings |
| Laundry Features | In-Suite |
Exterior
| Exterior Features | Balcony, Controlled Entry |
|---|---|
| Lot Features | Urban, Dog Park, City Lot, Hospital, Library, Public Parking, Public Transit, Rec./Community Centre, Schools, Shopping Nearby |
| Construction Materials | Brick |
| Roof | Tar/Gravel |
| Patio And Porch Features | Open |
Parking
| Garage Spaces | 1 |
|---|---|
| Parking Features | Garage Door Opener, Exclusive |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 4082 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Waterloo |
| City | Waterloo |
| Postal Code | N2J 0C6 |
| Area | 4 Waterloo West |
| Subarea | 415 Uptown Waterloo | Westmount |
| Community Name | 415 Uptown Waterloo/Westmount |
| Listing VS Median (in 415 Uptown Waterloo/Westmount) | |
Price: $349,900 low | high Med: $419,000 sqft: 604 low | high Med: 701 $ / sqft: $579 low | high Med: $598 On site: 56 low | high Med: 17 | |
Market Activity N2J 0C6
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Learn More About This Property
| Province | ON |
|---|---|
| County | Waterloo |
| City | Waterloo |
| Postal Code | N2J 0C6 |
| Area | 4 Waterloo West |
| Subarea | 415 Uptown Waterloo | Westmount |
| Community Name | 415 Uptown Waterloo/Westmount |
| Listing VS Median (in 415 Uptown Waterloo/Westmount) | |
Price: $349,900 low | high Med: $419,000 sqft: 604 low | high Med: 701 $ / sqft: $579 low | high Med: $598 On site: 56 low | high Med: 17 | |
