$829,999
For sale: Detached

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.
Sold data
Detached homes in Waterloo took a median of 15 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 33, across 157 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.
The median sale price was $799,999.
Homes sold for about 1.0% below asking on average, so there was room to negotiate.
About 39% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 157 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$849,900
Detached258 SAGINAW PARKWAY, Cambridge

$715,000
Detached40 MADISON AVENUE S, Kitchener

$699,000
Detached28 HOFFMAN STREET, Kitchener

$679,000
Detached306 SEKURA STREET, Cambridge

$649,900
Detached147 COURTLAND AVENUE E, Kitchener

$849,900
Detached24 JOSEPH LICHTI LANE, Wilmot

$759,000
Detached3 CORA DRIVE, Kitchener

$694,900
Detached38 BECKER STREET, Stratford, Stratford