209 - 188 King Street S, Waterloo, ON N2J 0C6
Waterloo · Near King St S and Allen St E · View map
About this home
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.
The home
- Type
- Condo Apartment · 1 Storey/Apt
- Square footage
- 600-699 sq ft
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 5
- Floor
- 2nd
- Exposure
- South West
- Balcony
- Open
- Laundry
- In-Suite Laundry
- Approximate age
- 11-15 years
Building & fees
- Maintenance fee
- $383.39/mo
- Fee includes
- Heat, Water, CAC, Common Elements, Building Insurance, Parking
- Condo corporation
- The Red
- Property management
- Prudential Property Mgmt
- Pets
- Allowed, with restrictions
- Locker
- Exclusive
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Parking
- Parking spaces
- 1
- Garage
- Underground
Taxes & other
- Property taxes
- $4,082/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- King St S and Allen St E
More
- Price per sq ft
- ~$538 (at 650 sq ft)
- Listed
- Aug 12, 2026 · 60 days ago
- MLS® number
- X13665058
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Building amenities
- Bike Storage
- Exercise Room
- Party Room/Meeting Room
- Rooftop Deck/Garden
Included in the maintenance fee
- Heat
- Water
- CAC
- Common Elements
- Building Insurance
- Parking
The unit and its surroundings
- Auto Garage Door Remote
- Carpet Free
- Primary Bedroom - Main Floor
- Storage Area Lockers
- Hospital
- Library
- Park
- Place Of Worship
- Public Transit
- Rec./Commun.Centre
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
188 King Street, Waterloo, ON N2J 0C6
Waterloo · Near King St S and Allen St E
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Listing history for 188 King Street
See what this unit and others in the building were listed for, what they sold for, and how long it took.
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Frequently asked questions about 209 - 188 King Street S
Answers come straight from this condo’s MLS® listing.
How much is 209 - 188 King Street S listed for?
209 - 188 King Street S is listed for $349,900. With 20% down ($69,980), the mortgage payment would be roughly $1,411 a month at 4.5% over 30 years, before the maintenance fee and property tax. That figure is an illustration, not a quote.
How many bedrooms and bathrooms does 209 - 188 King Street S have?
209 - 188 King Street S has 1 bedroom and 1 bathroom.
How big is 209 - 188 King Street S?
The listing puts the unit between 600 and 699 sq ft. The board reports a range rather than an exact figure, and it does not include a balcony or terrace.
What type of home is 209 - 188 King Street S?
209 - 188 King Street S is a condo apartment in Waterloo. The unit is on the 2nd floor, facing south west.
What are the maintenance fees at 209 - 188 King Street S, and what do they cover?
The maintenance fee is $383.39 a month. The listing says it covers heat, water, cac, common elements, building insurance, parking. Fees can change, so confirm the current amount in the status certificate.
Does 209 - 188 King Street S come with parking and a locker?
The listing includes 1 parking space. The locker is listed as exclusive.
Are pets allowed at 209 - 188 King Street S?
Pets are allowed, with restrictions. Buildings often limit the size, number or type of pet, so check the condo rules before you offer.
What amenities does the building have?
The listing names these building amenities: bike storage, exercise room, party room/meeting room, rooftop deck/garden.
How is 209 - 188 King Street S heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 209 - 188 King Street S?
Property taxes are $4,082 a year (2026), or about $340 a month.
What neighbourhood is 209 - 188 King Street S in?
209 - 188 King Street S is in Waterloo. The nearest main intersection is King St S and Allen St E. The postal code is N2J 0C6.
Is 209 - 188 King Street S still for sale?
Yes. 209 - 188 King Street S is an active listing (MLS® X13665058), on the market since August 12, 2026. Listings here update from the board through the day and come down once a condo sells.
What have condos at 188 King Street sold for?
Recent sales, leases and expired listings for this unit and the rest of the building are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 209 - 188 King Street S?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this condo and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.