$789,000
723 CHESAPEAKE Drive, Waterloo, ON N2K 4G4
Listing courtesy of HOMELIFE LANDMARK REALTY INC.
$829,999
$553 / sq ft1 weeks on market
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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 43% of comparable detached listings in Waterloo are asking less.
Based on 95 comparable active detached listings in Waterloo. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $829,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
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$789,000
Listing courtesy of HOMELIFE LANDMARK REALTY INC.
$734,900
Listing courtesy of ENGEL & VOLKERS TORONTO CENTRAL
$785,000
Listing courtesy of RE/MAX Solid Gold Realty (II) Ltd
$799,999
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA
$725,000
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$788,000
Listing courtesy of RE/MAX Solid Gold Realty (II) Ltd