158 King Street 902, Waterloo

$338,000
158 King Street 902

$338,000

New
9d
Condo ApartmentApartment

158 King Street 902, Waterloo

Total Monthly Obligation $2,162

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
9d
Score
20
Yield
6.3%
Cash on Cash
-3.4%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Condo Apartment
MLS® Number-X14033438
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,864.52 (2026)
Maintenance-$360.36/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAY STREET INTEGRITY REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Title-Residential Condo & Other

No agent assigned

Excellent Investment Opportunity at 158 King St, Waterloo! Ideally located near the University of Waterloo and Wilfrid Laurier University, this well-designed 1-bedroom unit offers the potential to convert into a 2-bedroom layout. Features high-quality finishes, stainless steel appliances, and elegant stone countertops. Surrounded by cafés, restaurants, supermarkets, and convenient public transit for an easy and comfortable lifestyle. Currently rented for $1,600/month, providing stable rental income and attractive investment potential. An excellent choice for investors seeking rental income or parents looking to purchase a property for their children attending nearby universities. Affordable entry price with great potential for long-term value!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$270,400
Land Transfer Taxes$3,545
Legal Fees (Est.)
$
Total cash required for closing$72,645

Total Monthly Obligation

$2,162/mo
Mortgage $1,363
Monthly Loss $1,804
Principal$359
Interest$1,005
Property Tax$239
Condo Fees$360
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.7%27
10-Year IRR
9.8%
Returns Index
14.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$21,444/yr
NOI
$9,711/yr
Net Cash Flow
-$554/mo
Cash Margin
-31.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo76
Risk Index
33.7/ 100

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

Comparables

Properties near 158 King Street 902

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.