158 King Street 906, Waterloo

$358,000
158 King Street 906

$358,000

New
9d
Condo ApartmentApartment

158 King Street 906, Waterloo

Total Monthly Obligation $2,321

Bed+Den
2+1
Baths
2
Park
0
Sqft
600-699
DOM
9d
Score
23
Yield
7.2%
Cash on Cash
0.0%
Cap Rate
4.6%
5Y IRR
15.6%
10Y IRR
14.6%
Property Type-Condo Apartment
MLS® Number-X14033606
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,251.23 (2026)
Maintenance-$405.59/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-60-89 days
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 spacious 637 sq. ft. 1+1 bedroom unit features 2 washrooms and a functional layout with the potential to convert into a 2-bedroom unit. Enjoy high-quality finishes, stainless steel appliances, and elegant stone countertops. Surrounded by cafés, restaurants, supermarkets, and convenient public transit, offering an easy and comfortable lifestyle. Currently rented for $1,700/month, providing stable rental income and attractive investment potential. An excellent opportunity 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!

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

Closing Costs

Mortgage Amount
$286,400
Land Transfer Taxes$3,845
Legal Fees (Est.)
$
Total cash required for closing$76,945

Total Monthly Obligation

$2,321/mo
Mortgage $1,444
Monthly Loss $1,941
Principal$380
Interest$1,064
Property Tax$271
Condo Fees$406
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.3%45
10-Year IRR
11.8%
Returns Index
23.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$25,920/yr
NOI
$12,810/yr
Net Cash Flow
-$377/mo
Cash Margin
-17.4%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
33.6/ 100

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

Comparables

Properties near 158 King Street 906

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.