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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
1 / 47
MLS® X13600694For SaleDetached

735 Karlsfeld Rd

Waterloo, Ontario N2T 2W4

1 / 47
735 Karlsfeld Rd, Waterloo, photo 1
Asking$990,000
Bedrooms
4
Bathrooms
3
Size
2,000–2,500sq ft
Per sq ft
$440at the range’s middle
Lot
33.99 x 127.95 ft
Tax a year
$6,3592026 tax year
Parking
42 built-in
Days on market
Members

The brief

About 735 Karlsfeld Rd

735 Karlsfeld Rd is a 4-bedroom, 3-bathroom detached house in Waterloo, listed for sale at an asking price of $990,000 (MLS® X13600694).

Nestled in the heart of Clair Hills, this bright and spacious home offers the perfect blend ofcomfort, nature, and community. Located just steps from scenic walking trails and a charmingneighbourhood park, the area is known for a very friendly, respectful atmosphere and top-ratedschools.This well-designed two-story home features an open-concept layout with 4 bedrooms, 3 bathrooms,and a 2-car garage plus a double driveway accommodating up to 4 vehicles.The main floor is ideal for both everyday living and entertaining. A generous living and diningarea flows seamlessly into a warm and inviting family room with large windows and a cozy gasfireplace. The kitchen offers ample cabinetry, an open connection to the family room, and apleasant view right from the kitchen sink window.Step outside to enjoy a southwest-facing deck overlooking the open area - perfect for relaxingevenings and sunsets.Upstairs, you'll find four spacious bedrooms, each with a good size closets. The primary suite features abundant natural light, a walk-in closet, and a private ensuite bathroom complete with a tub, separate shower, and oversized vanity.Unfinished basement has big windows and walk-in backyard entry, good for storage or as a fitness equipment room.Conveniently located just minutes from major amenities including Costco and T&T Supermarket, as well as top institutions such as University of Waterloo and Wilfrid Laurier University.This home is ideal for families seeking space, comfort, and a peaceful, nature-connected lifestyle.

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,747/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 12 detached homes with 4 bedrooms for lease in Waterloo right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$6,359 / 2026
MLS® number
X13600694
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
2000-2500 sqft
Lot Size
33.99 x 127.95 ft
Listed on
Parking
2 Built-In, 4 Parking
Listing brokerage: SKYBOUND REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
2-Storey
Municipality
Waterloo

Building

Size
2000-2500 sqft
Construction
Brick

Inside

Bedrooms
4
Bathrooms
3
Bathroom Details
1 × 2pc Main, 2 × 4pc 2nd
Basement Type
Walk-Out
Kitchens
1

Parking

Driveway
Pvt Double
Garage Type
Built-In
Garage
2
Additional Parking
2
Total Parking
4

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
33.99 ft
Depth
127.95 ft
Lot Size
33.99 x 127.95 ft

Additional

Foundation
Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
None
Den
Yes
Family room
Yes
Extras
Fridge, Stove, Dishwasher, Washer, Dryer, All Existing Light Fixtures and window coverings, Garage Door Opener.

Rooms

RoomSizeFeaturesLevel
Living3.81 × 5.28 mBroadloom, Combined W/Dining, Open ConceptMain
Dining3.81 × 5.28 mBroadloom, Combined W/Living, Open ConceptMain
Family4.11 × 5.24 mBroadloom, Open Concept, W/O To DeckMain
Kitchen3.33 × 3.84 mEat-In Kitchen, Tile Floor, Breakfast AreaMain
Br4.52 × 5.89 mBroadloom, 4 Pc Ensuite, W/I Closet2nd
2nd Br2.87 × 3.91 mBroadloom, Closet2nd
3rd Br2.84 × 3.94 mBroadloom, Closet2nd
4th Br3.35 × 3.78 mBroadloom, Closet2nd
Bathroom0.0 × 0.0 m4 Pc Bath2nd
Rec0.0 × 0.0 mW/O To YardBsmt
Laundry0.0 × 0.0 m—Bsmt

Listing history

Buy/sell history for 735 Karlsfeld Rd, Waterloo, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$990,000N/AFor SaleX13600694

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $198,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$198,000
Total mortgage amount
$792,000
Total interest payment
$563,100
Total purchase cost
$1,553,100
Mortgage payment
$4,517/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

51%

Monthly carrying cost

$5,047
−$1,747per month
  • Rent $3,300
  • Shortfall $1,747

Rental income opens at $3,300, the median asking rent of 12 comparable homes for lease in Waterloo. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$16,275
Total land transfer tax
$16,275
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$12,275
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $990,000
$11,800
Ontario total
$16,275

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
4,349 sq ft404 m²
Street frontage
33.99 ft10.4 m
Depth
127.95 ft39 m
33.99 × 127.95 ftKARLSFELD RD

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 5 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 17.4 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Enova Power Corp.Wired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m
  • Groundwater recorded about 17.4 m below ground nearbyThe middle water level in the well records within 500 m (6 records). It changes with the season and from spot to spot.500 m

Province of Ontario open data

Planning and building activity1

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address

Province of Ontario open data

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Region of Waterloo, Waste Management Division — Waterloo Landfill Site, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Enova Power Corp.At the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Detached homes for sale in Waterloo right now

For sale now
109
Median asking price
$935K

Middle half: $769K to $1.2M

New in 7 days
11

47 in 28 days

Price cuts
27%

29 listings

This home is asking 6% above the median.

See all homes in Waterloo

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
University of WaterlooGRT light rail: ION light rail3.5 km
Laurier - Waterloo ParkGRT light rail: ION light rail3.8 km
Research and TechnologyGRT light rail: ION light rail3.8 km
Willis WayGRT light rail: ION light rail4.4 km
Waterloo Public SquareGRT light rail: ION light rail4.5 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Edna Staebler Public SchoolWaterloo Region DSBPublic · grades JK–8 · French Immersion650 m76%Grade 6 average
Mary Johnston Public SchoolWaterloo Region DSBPublic · grades JK–6 · French Immersion1.1 km89%Grade 6 average
St Nicholas Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–81.9 km70%Grade 6 average
École élémentaire L'HarmonieConseil scolaire ViamondeFrench-language public · grades JK–85.9 km84%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Laurel Heights Secondary SchoolWaterloo Region DSBPublic · grades 9–122.1 km83%Grade 9 math
Resurrection Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–123.1 km57%Grade 9 math
Waterloo Collegiate InstituteWaterloo Region DSBPublic · grades 9–124.6 km57%Grade 9 math
St David Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–12 · French Immersion5 km67%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Sold prices in Waterloo are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record