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Property Type: Condo / ApartmentOwnership: Condominium
188 KING Street S Unit# 304
Waterloo, ON N2J0C6
MLS® 40859340
$525,000
2 bed2 bath1 parking1,192 sqftBuilt 2012
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
C2
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $1,028/mo
- Annual property tax
- $6,388
Maintenance Fee Includes
WaterManagementHeat
Also included: Landscaping, Insurance, Other, See Remarks
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Main level | 5'7'' x 7'10'' |
| Sunroom | Main level | 7'7'' x 20'0'' |
| Primary Bedroom | Main level | 11'5'' x 14'7'' |
| Living room | Main level | 13'9'' x 20'5'' |
| Kitchen | Main level | 8'3'' x 15'6'' |
| Foyer | Main level | 4'6'' x 15'1'' |
| Bedroom | Main level | 9'5'' x 13'6'' |
| 5pc Bathroom | Main level | 7'10'' x 8'6'' |
| 4pc Bathroom | Main level | 5'0'' x 8'8'' |
Description
Bright Corner Condo in the Heart of Uptown Waterloo! Welcome to this spacious 2-bedroom, 2-bathroom corner unit, perfectly located in one of Waterloo’s most sought-after neighbourhoods. Just steps from the LRT, shopping, restaurants, parks, and universities, this condominium unit offers the convenience of Uptown living at your doorstep. A private foyer leads into a bright open-concept living space featuring a modern kitchen with granite countertops, stainless steel appliances, and plenty of cabinet space. The large solarium is flooded with natural light and provides a quiet space to relax, work, or enjoy your morning coffee. Both bedrooms are generously sized with large windows, while the primary bedroom includes a walk-in closet and a private ensuite bathroom. The unit is completely carpet-free and finished with beautiful engineered hardwood flooring throughout. In-suite laundry adds everyday convenience. Residents enjoy excellent building amenities, including a fitness room, party room, rooftop terrace with BBQ area, private bike storage, exclusive underground parking space, and a storage designated locker. A fantastic opportunity to own a bright, well-maintained condo in an unbeatable Uptown Waterloo location. *some photos have been virtually staged* (id:63161)
Listing Information
- MLS®
- 40859340
- Data last synced
- October 29, 2026
Royal LePage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Wolle Realty
MLS® Number: 40859340
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$440/sqft
Building average
—
No other active listings in this building
415 - Uptown Waterloo/Westmount average
$535/sqft
48 active listing(s)
Parking: 1 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
126,356
(2021 Census)
+15.5% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,620.42
Total monthly cost$4,330.12
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$27,500
Stress test qualifying rate8.19%
Payment you must qualify for$3,857.49
Cash Needed at Closing
Minimum down payment$27,500
Estimated Land Transfer Tax (LTT)$6,975
Legal / closing costs (typical estimate)$1,500
Total cash needed$35,975
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
