10 Marshall Street
Waterloo, N2J 2T2
FOR SALE
$799,999

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Property Description
Fantastic Investment Opportunity in the heart of Waterloo! Welcome to 10 Marshall Street - a prime student rental property ideally located just two blocks from Wilfrid Laurier University and only minutes from public transit, shopping, grocery stores, restaurants, entertainment, and recreational amenities. This spacious property features 5 bedrooms, 2.5 bathrooms, a shared kitchen and living area designed for comfortable student living, plus parking for 4 vehicles. A turnkey investment opportunity with new leases already in place for September 2026 - fully leased with all 5 bedrooms rented at $1,000/month plus utilities per room. An excellent opportunity for investors looking to expand their portfolio with a well-located income property in one of Waterloo's most sought-after student rental areas.
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Nearby Intersections
Property Features
Hospital, Library, Place Of Worship, Public Transit, Rec./Commun.Centre, School, Water Heater, Private
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Property Details
Address
10 Marshall Street
City
Postal Code
N2J 2T2
Property Type
Detached, Detached
Lot Size
37' x 100'
Taxes
$5,822 (2025
Basement
Separate Entrance, Finished
Exterior
Porch
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Chestnut Park Realty(Southwestern Ontario) Ltd
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Turn-Key Legal Duplex !!, Investor's dream in the heart of Waterloo! This fully renovated 7-bedroom, 2-bathroom legal duplex sits on a massive 53.67 ft x 153.87 ft lot, just steps from University of Waterloo, Wilfrid Laurier University, and Conestoga College. Thousands have been recently spent on top-to-bottom renovations including two kitchens, upgraded bathrooms, flooring, lighting, and more. Each unit is thoughtfully designed, making it move-in ready and ideal for rentals or multi-generational living. With the rental potential of more than $5,500/month , this is a turn-key investment with strong cash flow from day one. Builders and developers-take a note! The oversized lot holds massive potential for future development. The neighboring property at 5 Cardill Crescent has already been successfully converted into a multiplex, demonstrating what's possible here. Whether you're looking to invest, house-hack, or redevelop, this property offers the perfect blend of location, income, and long-term potential. An outstanding opportunity to build multi-generational wealth in one of Waterloo's most desirable rental corridors.
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