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Basara.

Waterloo · Glenridge/Lincoln Heights · Multi-family · MLS# 40831812

8 MARSHALL Street

$859,999

5

bed

2

bath

1,754

sqft

Multi-family · $490/sqft

Listed May 20, 2026

About this home.

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. (id:59491)

The full record.

Property typeMulti-family
Square footage1,754 sqft
Lot size0
Bedrooms5
Bathrooms2
HeatingForced air,, ,Natural gas
CoolingNone
ListedMay 20, 2026

How this listing prices against Glenridge/Lincoln Heights.

10

Sales

$645,000

Median price

37

Days on market

93.5%

% of list

36

Active listings

N/A

Months supply

Glenridge/Lincoln Heights posted 10 sales and 31 active listings, giving buyers a fair amount of choice in a market that leaned softer than Waterloo overall. The average price came in at $622,880, well below the city average, while homes took nearly 35 days to sell and closed at 92.29% of list, showing more negotiation than most Waterloo neighbourhoods. Activity was split between 6 freeholds and 4 condos, and the price gap between those segments is wide enough to make this one of the more mixed markets in the city right now. Overall, this looks like a value-oriented area where pricing discipline matters.

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($172,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$3,938

Principal$687,999
Total interest$493,475
Total paid$1,181,474

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

Use the chat button to message me directly.

Or email me at neso@basara.ca