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About the Listing 549200 -
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.
Listing Highlights for 188 King St S Unit 209
Interior Details
- Bedrooms: 1
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Basement:
- Other: Auto Garage Door Remote,Carpet Free,Primary Bedroom - Main Floor,Storage Area Lockers
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Tar and Gravel
- Others: Hospital,Library,Park,Place Of Worship,Public Transit,Rec./Commun.Centre
- Sewer:
- Parking Features: Underground,Has Garage
Financial Details
- Tax Amount: $4,082
- Taxes w/Assessments: N/A
- Tax/Property ID: 235620008
- Tax Year: 2026
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Monthly Payment
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Listing Location
Questions About..
188 King St S Unit 209 Waterloo, ON N2J 0C6
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