TURNKEY UPTOWN WATERLOO INVESTMENT! This stylish and beautifully updated 1-bedroom condo at The RED is now leased to an excellent tenant at $1,895/mo + hydro beginning November 1, 2026, offering investors immediate rental income in one of Waterloo’s most vibrant and walkable neighbourhoods. Thoughtfully designed, the 604 sq ft suite features hardwood floors, an updated kitchen with granite countertops, stainless steel appliances and plenty of cabinetry, flowing into a bright, open-concept living space. A shiplap feature wall with built-in display ledges adds character, while oversized windows provide plenty of natural light. Step outside onto the private balcony, a welcome extension of the living space. The bedroom comfortably fits a queen-sized bed and features an oversized armoire for additional storage. The renovated bathroom, custom electronic blinds, in-suite laundry and six appliances complete the suite. One underground parking space and a private storage locker are included. Residents enjoy a fitness centre, party/lounge room, rooftop terrace and bike storage in a professionally managed building. The location is hard to beat, with Vincenzo’s and The Bauer Marketplace just across the street, the ION LRT outside your door, and Uptown Waterloo restaurants, cafés, shops and Waterloo Park all within easy walking distance. Convenient to both universities, Grand River Hospital and Waterloo’s tech employers. Condo fees include heat and water. Tenant must be assumed. An excellent opportunity to add a well-located, already-tenanted Uptown Waterloo condo to your investment portfolio.
Two stainless steel elevators with numerical indicators, wood-finish wall paneling, wood-finish flooring, and recessed ceiling lighting
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Modern kitchen featuring two-tone cabinetry, stainless steel appliances, dark stone countertops, a white subway tile backsplash, and hardwood flooring
Galley kitchen featuring stainless steel appliances, including a fridge, stove, microwave & dishwasher, paired with two-tone cabinetry in soft white and sage green
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Hardwood Flooring
Built-in white cabinetry with linear brass hardware, recessed lighting, and hardwood flooring.
Glass-enclosed shower with large format tile, white vanity with integrated sink, gold-finish fixtures, white countertop, and gold-framed mirror
Glass-enclosed shower with full-height tile surround
Open-concept living space featuring hardwood flooring throughout, recessed ceiling lighting.
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Bright, open living space showcasing hardwood flooring, white shiplap accent wall, and built-in shelving to display, art, music and decor.
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Hardwood flooring, recessed lighting, and a white shiplap accent wall
Hardwood flooring, full-height windows, a glass-paneled door, and a shiplap accent wall
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Modern balcony featuring expansive floor-to-ceiling windows, & sleek metal railings
Great city views and direct access to the unit interior
Private balcony with glass panel railing and brick accent wall
Stainless steel refrigerator, stacked washer and dryer, hardwood flooring, & light wood door
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Dedicated fitness area with rubber flooring, full-length mirrored wall, and overhead strip lighting
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Expansive rooftop terrace featuring permeable paver flooring, multiple dining and lounge zones, vibrant planters with seasonal flowers, and panoramic city skyline backdrop
Expansive paver patio with a wood privacy fence and surrounding urban architecture
Data was last updated October 11, 2026 at 09:50 PM (UTC)
Area Statistics
Listings on market:
44
Avg list price:
$577,450
Min list price:
$340,000
Max list price:
$5,700,000
Avg days on market:
33
Min days on market:
2
Max days on market:
171
Avg price per sq.ft.:
$480.76
These statistics are generated based on the current listing's property type
and located in
415 - Uptown Waterloo/Westmount. Average values are
derived using median calculations. This data is not produced by
the MLS® system.