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!
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $676 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 158 King St #902
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
158 King St #902 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14033438$338,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 158 King St #902 Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,660
/mo
based on the purchase price of $338,000
$67,600 cash
$270,400 financed
$227,748 total interest
Principal54%$270,400
Interest46%$227,748
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Waterloo
Other 1–2 bed homes for sale in Waterloo around $338K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.2%On average, homes sold at or above asking.
Active listings392Homes for sale here right now.
Median vs prior 90 days+0.4%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 460 sales from Jul 16 – Oct 14, 2026 (283 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale · 2 for rent at 158 King St — plus its sale and lease history.
158 King St #902 is listed at $338,000 (MLS® X14033438). Summitly updates the price as soon as the MLS® record changes.
Is $338,000 a good price for 158 King St #902?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Waterloo. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 158 King St #902 changed?
No — 158 King St #902 is still listed at its original asking price of $338,000.
How many bedrooms and bathrooms does 158 King St #902 have?
158 King St #902 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Waterloo.
Is 158 King St #902 close to transit?
The nearest rapid-transit station is Waterloo Public Square Station (ION), about 850 m (about a 11-minute walk) in a straight line. Laurier - Waterloo Park Station is about 950 m (about a 12-minute walk), and Willis Way Station is about 1.1 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 158 King St #902?
About $1,660 a month — principal and interest on $338,000 with 20% down ($67,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 158 King St #902 compare with other homes in Waterloo?
Its asking price of $338,000 is about 52% below the median sold price in Waterloo over the last 90 days, $702,582, across 460 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 158 King St #902 been sold before?
Summitly has no earlier MLS® sale or lease of 158 King St #902 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 158 King St #902?
158 King St #902 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 158 King St #902 been on the market?
158 King St #902 was listed today (October 14, 2026).
What is the price per square foot of 158 King St #902?
About $564 to $676 per square foot: the asking price of $338,000 over the 500–599 sq ft the listing gives as its size range.
Does 158 King St #902 have a basement, and is it finished?
The listing says 158 King St #902 has no basement.
