Homula Realty Brokerage
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735 Karlsfeld Road, Waterloo, ON N2T 2W4

4 beds · 3 baths · 1 kitchen · 9 rooms · 4 parking spaces · 2000-2500 sq ft · Laundry: In Basement · Detached
$3,375

Utilities includedNone

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 afitness 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.

MLS number
X13552080
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
3
Postal code
N2T 2W4
Photos
47
Laundry
In Basement
64days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Edna Staebler Public School
Waterloo Region DSB
Elementary662 m7.5 / 10
75% met the standard
Laurelwood Public School
Waterloo Region DSB
Elementary1.3 km9.0 / 10
90% met the standard
Vista Hills Public School
Waterloo Region DSB
Elementary1.1 km8.9 / 10
89% met the standard
Mary Johnston Public School
Waterloo Region DSB
Elementary1.1 km8.5 / 10
85% met the standard
Kitchener Waterloo Bilingual SchoolElementary1.3 kmNot reported
St Nicholas Catholic Elementary School
Waterloo CDSB
Elementary1.9 km6.6 / 10
66% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 692 people.

$120,000Median household income
73.2%Own their home
88.1%Detached houses
35.6Median age
37.2%Born outside Canada
45.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35300823 — the few blocks around this address, home to 692 people. It describes the area, not this property.

692Population
34.6Average age
3.3Household size
$117,000Average household income
$120,000Median household income
73%Own their home
27%Rent
0%Condominiums
37%Born outside Canada
46%University degree
$760,000Average home value
5%Low income
50%Not in the labour force
28%Never married
$40,000 to $44,9992%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9995%
$80,000 to $89,9993%
$90,000 to $99,9996%
$100,000 and over40%
$100,000 to $124,9998%
$125,000 to $149,99911%
$150,000 to $199,9998%
$200,000 and over11%

Percentages are of the 315 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$675 · minimum here is $169
$14.94per month
Borrowed before insurance$2,700
Total borrowed$2,700
Interest over 25 years at 4.5%$1,783

If you rented it out

-$14.94per month out of pocket
Rent$0.00
Everything it costs to hold$14.94
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by SKYBOUND REALTY. Listing data provided by the Toronto Regional Real Estate Board.