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:13843)
| MLS # | 40873226 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 13 |
| Listing Provided By | Chestnut Park Realty Southwestern Ontario Limited | LEE S. QUAILE |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,754 |
| Basement | Y |
| Story(s) | 2 |
| Units | 1 |
| Zoning | RMU-81 |
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Water softener, Window Coverings |
| Fireplace Yes / No | No |
| Fencing | Fence |
|---|
| Parking Total | 3 |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 5041 |
|---|
| Province | ON |
|---|---|
| City | Waterloo |
| Postal Code | N2J2T2 |
| Community Name | 116 Glenridge/Lincoln Heights |
| Listing VS Median (in 116 Glenridge/Lincoln Heights) | |
Price: $829,999 low | high Med: $399,900 sqft: 1,754 low | high Med: 1,244 $ / sqft: $473 low | high Med: $321 On site: 13 low | high Med: 24 | |
| Province | ON |
|---|---|
| City | Waterloo |
| Postal Code | N2J2T2 |
| Community Name | 116 Glenridge/Lincoln Heights |
| Listing VS Median (in 116 Glenridge/Lincoln Heights) | |
Price: $829,999 low | high Med: $399,900 sqft: 1,754 low | high Med: 1,244 $ / sqft: $473 low | high Med: $321 On site: 13 low | high Med: 24 | |