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Property Type: Detached HouseOwnership: Freehold
756 KARLSFELD Road
Waterloo, ON N2T2X2
MLS® 40867843
$834,900
5 bed4.5 bath4 parking2,056 sqftBuilt 2004
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 3
- Frontage
- 34 feet
R1
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,973
Interior
- Basement
- Finished, Full
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Lower level | — |
| 4pc Bathroom | Third level | — |
| 4pc Bathroom | Second level | — |
| 2pc Bathroom | Main level | — |
| Bedroom | Basement | 15'10'' x 11'8'' |
| Laundry room | Basement | — |
| Bedroom | Lower level | 13'10'' x 14'6'' |
| Bedroom | Third level | 9'8'' x 13'2'' |
| Bedroom | Third level | 10'2'' x 9'7'' |
| Primary Bedroom | Second level | 14'4'' x 17'2'' |
| Kitchen/Dining room | Main level | 28'8'' x 10'3'' |
| Living room | Main level | 19'1'' x 13'0'' |
Description
For families seeking access to highly rated schools and the flexibility of two private primary suites, this beautifully updated Clair Hills home offers a rare opportunity. Located in the catchment area for Laurel Heights Secondary School, it is especially appealing to education-focused families. With over 2,600 sq. ft. of finished living space, 3+2 bedrooms and 3.5 bathrooms, the home adapts to different stages of life. Both primary bedrooms have their own full ensuite bathroom and walk-in closet. Use the second suite for extended family or guests, or create a private home office where a professional can work comfortably away from the main living areas. The bright living room features soaring 15-foot ceilings, expansive windows and a gas fireplace. A renovated kitchen with quartz countertops, hardwood flooring and a finished lower level with large above-grade windows add to the appeal. Outside, enjoy a fully fenced, 135-foot-deep backyard with upper and lower decks. Updates include renovated bathrooms, painting (2026), shingles and furnace (2020), water heater (2022), and AC and select windows (2023). Parks, trails, shopping, transit and Waterloo's universities are within easy reach. (id:63161)
Listing Information
- MLS®
- 40867843
- Data last synced
- October 27, 2026
HOMELIFE MIRACLE REALTY LTD
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: HOMELIFE MIRACLE REALTY LTD
MLS® Number: 40867843
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
$406/sqft
Building average
—
No other active listings in this building
443 - Columbia Forest/Clair Hills average
$402/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:
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Mortgage & Ownership Cost Calculator
Minimum required: 7.0% ($58,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$667,920.00
Periodic payment — Principal & Interest (monthly)$4,309.19
Additional monthly expenses (condo fees, tax, utilities, etc.)$600.75
Total monthly cost$4,909.94
Interest paid over 5-yr term$191,427.79
Balance at end of term$600,796.20
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$58,490
Stress test qualifying rate8.19%
Payment you must qualify for$6,020.08
Cash Needed at Closing
Minimum down payment$58,490
Estimated Land Transfer Tax (LTT)$13,173
Legal / closing costs (typical estimate)$1,500
Total cash needed$73,163
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.
