**Welcome to Unit 1607 at 181 King Street South, located in the iconic Circa 1877 high-rise in Waterloo's vibrant Bauer District! **This stylish, modern one-bedroom, one-bathroom, and massive RARE outdoor patio 21' x 8', condo offers contemporary urban living in the heart of Uptown Waterloo. **The thoughtfully designed interior features an open living space with living room access to the oversized balcony, perfect for entertaining guests, or enjoying your morning coffee. **A modern kitchen with hidden refrigerator, breakfast island, dishwasher, and built-in oven. **The large open windows allow plenty of natural light with private views of the cityscape. **The unit includes in-suite laundry. **There are exceptional building amenities that include an outdoor swimming pool, fully equipped fitness facilities, a walk-in-Fi-enabled business and co-working centre, a covered community BBQ area, lounge, party room, and visitor parking. **Unbeatable Uptown Location ideally situated within walking distance of Waterloo's finest restaurants, boutique shops, and Waterloo Town Square. **Enjoy nearby Waterloo Park, with easy access to public transit connecting you to both the University of Waterloo and Wilfrid Laurier University. **Experience the perfect blend of modern comfort, impressive amenities, and vibrant urban living in one of Waterloo's most sought-after locations!
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $640 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 181 King St S #1607
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
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
181 King St S #1607 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$1,572
/mo
based on the purchase price of $320,000
$64,000 cash
$256,000 financed
$215,619 total interest
Principal54%$256,000
Interest46%$215,619
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.
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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 1–3 bed homes for sale in Waterloo around $320K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio100.1%On average, homes sold at or above asking.
Active listings377Homes for sale here right now.
Median vs prior 90 days−2.1%Compared with May 19 – Aug 17, 2026: prices down.
Based on 396 sales from Aug 17 – Nov 15, 2026 (322 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
3 for sale at 181 King St S — plus its sale and lease history.
181 King St S #1607 is listed at $320,000 (MLS® X13838580). Summitly updates the price as soon as the MLS® record changes.
Is $320,000 a good price for 181 King St S #1607?
Summitly rates it Above Market: the asking price is 5% to 15% 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 181 King St S #1607 changed?
Yes — it was first listed at $299,000 and is now $320,000, an increase of $21,000 (7.0%).
How many bedrooms and bathrooms does 181 King St S #1607 have?
181 King St S #1607 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Waterloo.
Is 181 King St S #1607 close to transit?
The nearest rapid-transit station is Allen Station (ION), about 140 m (about a 2-minute walk) in a straight line. Willis Way Station is about 340 m (about a 4-minute walk), and Waterloo Public Square Station is about 470 m (about a 6-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 181 King St S #1607?
About $1,572 a month — principal and interest on $320,000 with 20% down ($64,000), 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 181 King St S #1607 compare with other homes in Waterloo?
Its asking price of $320,000 is about 54% below the median sold price in Waterloo over the last 90 days, $702,457, across 396 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 181 King St S #1607 been sold before?
Summitly has no earlier MLS® sale or lease of 181 King St S #1607 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 181 King St S #1607?
181 King St S #1607 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 181 King St S #1607 been on the market?
47 days — 181 King St S #1607 was listed on September 29, 2026.
What is the price per square foot of 181 King St S #1607?
About $534 to $640 per square foot: the asking price of $320,000 over the 500–599 sq ft the listing gives as its size range.
Does 181 King St S #1607 have parking or a garage?