181 King Street S 1907, Waterloo

$998,900
181 King Street S 1907

$998,900

New
4d
Condo Apartment1 Storey/Apt

181 King Street S 1907, Waterloo

Total Monthly Obligation $6,329

Beds
2
Baths
2
Park
2
Sqft
1400-1599
DOM
4d
Score
14
Yield
4.7%
Cash on Cash
-12.0%
Cap Rate
2.0%
5Y IRR
6.2%
10Y IRR
7.4%
Property Type-Condo Apartment
MLS® Number-X14097638
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 19, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$7,247 (2026)
Maintenance-$1,495.66/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-THE AGENCY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-FLEXIBLE
Title-Residential Condo & Other

No agent assigned

Set on the top residential floor of Circa 1877, this exceptional corner residence offers the space, light and privacy rarely found in Uptown condo living. One of the building's most substantial two-bedroom homes, it feels less like a conventional condominium and more like a private residence above the city. Soaring ceilings and expansive windows fill the interior with natural light while framing panoramic north and east views. The generously proportioned living room offers ample space to relax and entertain, while separate dining and breakfast areas provide flexibility most condo layouts do not. The contemporary kitchen anchors the home with sleek cabinetry, quartz countertops, built-in appliances, a subway-tile backsplash and a generous centre island. Its open connection to the breakfast area and living room keeps the layout social, while the separate dining space accommodates more formal occasions. The principal bedroom is exceptionally spacious and complemented by a private four-piece ensuite including a generous walk-in shower and an electrical outlet for a bidet. A well-proportioned second bedroom and additional four-piece bathroom with a built-in jetted tub/shower and an electrical outlet for a bidet provide comfortable accommodations for guests, family or a home office. An oversized in-suite laundry room with sink adds everyday practicality. Two private balconies offer elevated views and quiet places to begin or end the day. Two side-by-side underground parking spaces and a private storage locker further distinguish the residence. Residents of Circa enjoy an outdoor pool and cabanas, fitness and yoga spaces, resident lounges, co-working areas, guest accommodations, lobby access to an incredible restaurant and community BBQ spaces. Vincenzo's, the Bauer Marketplace, the ION LRT, Uptown Waterloo and Belmont Village are all close at hand. A true penthouse offering with remarkable scale, exceptional light and one of Uptown Waterloo's most connected addresses.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$799,120
Land Transfer Taxes$16,453
Legal Fees (Est.)
$
Total cash required for closing$217,733

Total Monthly Obligation

$6,329/mo
Mortgage $4,029
Monthly Loss $5,269
Principal$1,060
Interest$2,969
Property Tax$604
Condo Fees$1,496
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.5%10
Cash-on-Cash
-15.6%0
5-Year IRR
3.7%8
10-Year IRR
6.0%
Returns Index
5.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$47,268/yr
NOI
$14,946/yr
Net Cash Flow
-$2,784/mo
Cash Margin
-70.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.312
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo24
Risk Index
14.7/ 100

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

Comparables

Properties near 181 King Street S 1907

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