8 MARSHALL Street
Waterloo, Ontario
5 bed • 2 bath • Multi-family
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 recreational 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 for September 2026 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 cash flow in a high-demand location.
Price History
Schools
Elementary
- MacGregor Public School0.3 km
Public · Waterloo Region DSB · 510 students
- Elizabeth Ziegler Public School1.3 km
Public · Waterloo Region DSB · 510 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 47% met the provincial standard
- École élémentaire L'Harmonie1.3 km
French public · CS Viamonde · 290 students
Grade 3 reading: 92% met the provincial standard · Grade 6 math: 79% met the provincial standard
Secondary
- Waterloo Collegiate Institute0.9 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School1.3 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Bluevale Collegiate Institute1.9 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2J
- Population
- 20,899
- Private dwellings
- 10,672
- Median age
- 36.8
- Average household size
- 2.2
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,024
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,024 recorded sales of multi-family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$166,000
Estimated Monthly Payment
$4,078
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,078/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $207/mo
Estimates only. Consult a financial advisor.
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