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8 MARSHALL STREET, Waterloo — listed at $829,999. Earn buyer cashback at closing. No catches, just more money in your pocket.
Fantastic Investment Opportunity in the heart of Waterloo! Welcome to 8 Marshall Street - a prime student rental property ideally situated just two blocks from Wilfrid Laurier University and minutes from public transit, shopping, grocery stores, restaurants, entertainment, and recreation amenities. This spacious home features 5 bedrooms, 2 full bathrooms, a shared kitchen and living area designed for comfortable student living, plus parking for 3 vehicles. A true turnkey investment opportunity with new student leases already secured at $1,000 per room plus utilities, offering strong and reliable rental income potential. Located in one of Waterloo's most desirable student rental neighbourhoods, this property is an excellent addition to any real estate portfolio and a smart opportunity for investors seeking consistent cashflow in a high-demand location. (id:60164)
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,041, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
How is the space laid out across floors?+
This is a 2-storey single family. The 5 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What's the parking situation?+
This property includes 3 spaces — No Garage.
Does it have a basement, and is it finished?+
Yes — Partially finished, Partial. A finished basement adds meaningful living space beyond the listed square footage.
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