181 King Street S 1607, Waterloo

$320,000
181 King Street S 1607

$320,000

Price Change
24d
Condo ApartmentApartment

181 King Street S 1607, Waterloo

Total Monthly Obligation $2,328

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
24d
Score
18
Yield
6.7%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-X13838580
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$3,953.04 (2026)
Maintenance-$507.69/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX Real Estate Centre Inc.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete Block
Possession-Immediate
Title-Residential Condo & Other

No agent assigned

**Welcome to Unit 1607 at 181 King Street South, located in the iconic Circa 1877 high-rise in Waterloo's vibrant Bauer District! **This stylish, modern one-bedroom, one-bathroom, and massive RARE outdoor patio 21' x 8', condo offers contemporary urban living in the heart of Uptown Waterloo. **The thoughtfully designed interior features an open living space with living room access to the oversized balcony, perfect for entertaining guests, or enjoying your morning coffee. **A modern kitchen with hidden refrigerator, breakfast island, dishwasher, and built-in oven. **The large open windows allow plenty of natural light with private views of the cityscape. **The unit includes in-suite laundry. **There are exceptional building amenities that include an outdoor swimming pool, fully equipped fitness facilities, a Wi-Fi-enabled business and co-working centre, a covered community BBQ area, lounge, party room, and visitor parking. **Unbeatable Uptown Location ideally situated within walking distance of Waterloo's finest restaurants, boutique shops, and Waterloo Town Square. **Enjoy nearby Waterloo Park, with easy access to public transit connecting you to both the University of Waterloo and Wilfrid Laurier University. **Experience the perfect blend of modern comfort, impressive amenities, and vibrant urban living in one of Waterloo's most sought-after locations!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$256,000
Land Transfer Taxes$3,275
Legal Fees (Est.)
$
Total cash required for closing$68,775

Total Monthly Obligation

$2,328/mo
Mortgage $1,291
Monthly Loss $1,988
Principal$340
Interest$951
Property Tax$329
Condo Fees$508
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
6.4%16
10-Year IRR
8.1%
Returns Index
8.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$21,576/yr
NOI
$6,973/yr
Net Cash Flow
-$710/mo
Cash Margin
-39.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
31.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 181 King Street S 1607

Time

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Data last updated within the past 24 hours.