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Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED
8 MARSHALL STREET
Waterloo, ON N2J2T2
MLS® X14107094
92
Walk Score
66
Transit
78
Bike
$829,999
5 bed2 bath3 parking
92
Walk Score
66
Transit
78
Bike
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 45.1 x 119.6 FT
- Frontage
- 45.1 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,041
Interior
- Basement
- Partially finished, Partial
- Heating
- Forced air, Natural gas
- Cooling / A/C
- None
Description
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:63161)
Listing Information
- MLS®
- X14107094
- Data last synced
- October 23, 2026
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
MLS® Number: X14107094
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Waterloo average
$436/sqft
188 active listing(s)
Parking: 3 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
126,356
(2021 Census)
+15.5% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 7.0% ($58,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$663,999.00
Periodic payment — Principal & Interest (monthly)$4,283.90
Additional monthly expenses (condo fees, tax, utilities, etc.)$420.08
Total monthly cost$4,703.98
Interest paid over 5-yr term$190,304.02
Balance at end of term$597,269.25
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$58,000
Stress test qualifying rate8.19%
Payment you must qualify for$5,985.88
Cash Needed at Closing
Minimum down payment$58,000
Estimated Land Transfer Tax (LTT)$13,075
Legal / closing costs (typical estimate)$1,500
Total cash needed$72,575
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
