This property was sold on June 23, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to 302-188 King St S, a charming unit in The Red, a boutique low-rise building in the heart of Waterloo. Offering a blend of urban convenience and modern living, this oversized suite includes a primary bedroom with his and hers closets, plus a full sized den with a stylish barn door - ideal as an office, guest room, or versatile space that can accommodate a double bed offering full privacy. The two full bathrooms, including an ensuite, ensure comfort and convenience. The kitchen features sleek granite countertops, stainless steel appliances, and a peninsula with plenty of seating. The open-concept living room flows seamlessly to your private balcony, perfect for enjoying a morning coffee and taking in the view. Residents enjoy fantastic amenities, such as a rooftop terrace with BBQ and herb garden, a gym, a party room, secure bike storage. An bonus feature includes a storage locker just steps away on the same floor as the suite. Plus, the building offers 4 EV chargers in the parking garage. Situated in the heart of Uptown Waterloo, everything you need is within walking distance - from LRT transit, shops and restaurants to cafes and entertainment spots like Vincenzo's and the Bauer Kitchen. Experience the convenience of vibrant city living right at your doorstep. Dont miss out - schedule your viewing today!
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This condo apartment located at 188 King Street South Street, Waterloo is currently for sale and has been available on SousaSells for 471 days. This property is listed at $549,000 with an estimated mortgage of $1,827* per month. It has 1 bed, 2 bathrooms, and is 900-999 square feet. 188 King Street South Street, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Arts Centre, Electric Car Charger, Golf, Hospital, Library, Park
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Data-driven valuation for 188 King Street South Street S 302, Waterloo, ON N2J 0C6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.
About Purchasing a Home in Waterloo, ON
For a property listed at $549,000 in Waterloo, the legal minimum down payment is $29,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,455 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.