Maintenance Fees
The Red vs The Uptown Waterloo Area
188 King Street South
The Red
Highlights
- Property Type:
- Condo
- Number of Storeys:
- 6
- Number of Units:
- 66
- Condo Completion:
- 2013
- Condo Demand:
- Medium
- Unit Size Range:
- 549 - 1,900 SQFT
- Unit Availability:
- Low
- Property Management:
Amenities
Rooftop Deck
Indoor Parking
Gym
Party Room
About 188 King Street South — The Red
Located at 188 King Street South, The Red is a 6-storey condo containing 66 units. These Waterloo condos for sale were completed in 2013 with units starting at 549 square feet, ranging up to 1900 square feet. What makes a Uptown Waterloo condo for sale most appealing is all that the neighbourhood has to offer.
Maintenance fees are $0.66 per-square-foot, which is higher than the neighbourhood average of $0.51 per-square-foot.
The Suites
On average, units at 188 King Street South sell 0.94% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $543 and units sell with 34 days on market on average. Over the past 12 months, 3 have sold and 0 has have been rented here.
Transportation
In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 191 King Street South, 181 King St S and 144 Park Street.
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Hydro
- Not Included
Buyer's Market
Balanced
Seller's Market
Listing History for The Red
Apr, 2026
Unit 310
Apr 07, 202613 days on strata
TerminatedListed for $429,0001 bd | 1 ba | 820 sqft | 1 pkg
TerminatedListed for $429,0001 bd | 1 ba | 820 sqft | 1 pkg
Mar, 2026
Unit 214
Mar 27, 202617 days on strata
Sold for $545,000Listed for $499,0002 bd | 2 ba | 1,000 sqft | 1 pkg
Sold for $545,000Listed for $499,0002 bd | 2 ba | 1,000 sqft | 1 pkg
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1Listings For Sale
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0Listings For Rent
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Building Trends At The Red
Days on Strata
Units at The Red spend an average of
34
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Uptown Waterloo
Turnover of Units
On average, each unit is owned for
8.5
YEARS before being sold againProperty Value
10%
Increase in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 5 condos in the Uptown Waterloo area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
0
Units were Rented over the past twelve months
Best Value Rank
The Red offers the best value out of 5 condos in the Uptown Waterloo neighbourhood
?
N/A
Appreciation Rank
The Red has the highest ROI out of 5 condos in the Uptown Waterloo neighbourhood
?
N/A
Rental Yield
The Red yields the highest rent prices out of 5 condos in the Uptown Waterloo neighbourhood
?
N/A
High Demand
The Red is the most popular building out of 5 condos in the Uptown Waterloo neighbourhood
?
N/A
Market Insights
Transaction Insights at The Red
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | No Data | $390,000 - $460,000 | No Data | $545,000 | No Data |
| Avg. Cost Per Sqft | No Data | $612 | No Data | $499 | No Data |
| Price Range | No Data | No Data | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 533 Days | 680 Days | 536 Days | No Data |
| Avg. Wait for Unit Availability | No Data | No Data | No Data | 727 Days | No Data |
| Ratio of Units in Building | 5% | 45% | 15% | 30% | 5% |
Market Inventory
Total number of units listed and sold in Uptown Waterloo
