Loading…
Property Type: Detached HouseOwnership: Freehold
725 ZURICH Drive
Waterloo, ON N2V2V4
MLS® 40838845
$1,150,000
5 bed3 bath4 parking3,112 sqftBuilt 2005
Property Details
Property & Lot
- Sub-type
- House
- Style
- Raised bungalow
- Stories
- 2
- Frontage
- 45 feet
R5
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,877
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 11'4'' x 14'1'' |
| Utility room | Lower level | 5'4'' x 7'7'' |
| Recreation room | Lower level | 17'4'' x 21'1'' |
| Laundry room | Lower level | 11'11'' x 12'11'' |
| 4pc Bathroom | Lower level | 5'9'' x 8'8'' |
| Bedroom | Lower level | 9'2'' x 11'10'' |
| Bedroom | Lower level | 10'10'' x 12'11'' |
| Bedroom | Lower level | 10'10'' x 17'4'' |
| 4pc Bathroom | Main level | 8'6'' x 10'6'' |
| 4pc Bathroom | Main level | 8'10'' x 10'0'' |
| Other | Main level | 10'0'' x 10'0'' |
| Primary Bedroom | Main level | 16'4'' x 19'4'' |
| Dining room | Main level | 15'6'' x 20'7'' |
Description
Located in the highly desirable neighbourhood of Clair Hills in West Waterloo, 725 Zurich Drive is a rare opportunity for growing families seeking space, functionality, and an unbeatable location! Boasting over 3000 sq/ft of finished living space, this impressive 5 Bed/3 Bath home offers a thoughtfully designed open concept layout with incredible versatility throughout. The bright and welcoming main floor serves as the heart of the home, featuring spacious principal rooms ideal for everyday living and entertaining. Large windows provide an abundance of natural light while creating a warm and inviting atmosphere. Recent major updates including a new roof with solar panels (~5k/Yr ROI), new windows, new furnace, and new on-demand water heater provide exceptional value and peace of mind for years to come. Upstairs, the spacious primary bedroom offers a comfortable retreat with a large en-suite, while an additional bedroom and full bathroom complete the upper level with functionality and convenience. A true standout feature of this home is the fully finished basement, offering exceptional additional living space with *3 generously sized bedrooms, making it ideal for larger families, multi-generational living, overnight guests, or flexible work-from-home options. Complete with a full bathroom and ample space for recreation or additional family living, the lower level adds tremendous versatility and value rarely found in homes within this neighbourhood. Step outside to enjoy the fully fenced backyard featuring a private patio area and storage shed, the perfect setting for relaxing evenings, entertaining guests, or safe outdoor play for children and pets alike. Ideally located near top-rated schools including Vista Hills and Laurel Heights Secondary School, as well as the scenic GeoTime trails and surrounding forest, this family-friendly location offers the perfect balance of convenience and nature. Pride of ownership is evident throughout this beautifully maintained home! (id:63159)
Listing Information
- MLS®
- 40838845
- Data last synced
- September 21, 2026
PEAK REALTY LTD.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: PEAK REALTY LTD.
MLS® Number: 40838845
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 Cornerstone Association of REALTORS®.
Values & Trends
This listing
$370/sqft
Building average
—
No other active listings in this building
443 - Columbia Forest/Clair Hills average
$404/sqft
41 active listing(s)
Parking: 4 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:
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 7.8% ($90,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$920,000.00
Periodic payment — Principal & Interest (monthly)$5,935.53
Additional monthly expenses (condo fees, tax, utilities, etc.)$729.08
Total monthly cost$6,664.61
Interest paid over 5-yr term$263,674.64
Balance at end of term$827,542.98
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$90,000
Stress test qualifying rate8.19%
Payment you must qualify for$8,218.97
Cash Needed at Closing
Minimum down payment$90,000
Estimated Land Transfer Tax (LTT)$19,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$110,975
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.
