Room for the whole family at 723 Chesapeake Dr in Eastbridge! This stunning 5-bed, 4-bath residence is perfectly suited for a bigger family, boasting an ideal blend of comfort and functionality. Enjoy formal and informal living spaces, a spacious kitchen with a brand-new range hood, double garage, and carpet-free flooring throughout. Freshly refreshed and ready for its next chapter. Big-ticket items are handled-newer roof (2020) plus a 6-year-old furnace and A/C. With four full baths, everyone gets their own space and privacy. The spacious backyard offers plenty of room for entertaining, play, or quiet relaxation. Families will appreciate the proximity to Millen Woods P.S. and Bluevale C.I., while the short commute to Wilfrid Laurier University and the University of Waterloo, and easy access to Highway 85, add everyday convenience. RIM Park is right nearby with its 500 acres of recreation-ice rinks, indoor walking track, and outdoor fields. Shop at Conestoga Mall, and step onto the Grand River trails for walking, cycling, or kayaking on the heritage river. Move-in ready and waiting.
5 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $400 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 723 Chesapeake Dr
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
723 Chesapeake Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13936924$799,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 723 Chesapeake Dr Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,925
/mo
based on the purchase price of $799,000
$159,800 cash
$639,200 financed
$538,374 total interest
Principal54%$639,200
Interest46%$538,374
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Waterloo
Other 4–5 bed homes for sale in Waterloo around $799K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.2%On average, homes sold at or above asking.
Active listings391Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 16 – Jul 15, 2026.
Based on 468 sales from Jul 15 – Oct 13, 2026 (275 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
723 Chesapeake Dr is listed at $799,000 (MLS® X13936924). Summitly updates the price as soon as the MLS® record changes.
Is $799,000 a good price for 723 Chesapeake Dr?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Waterloo. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 723 Chesapeake Dr changed?
No — 723 Chesapeake Dr is still listed at its original asking price of $799,000.
How many bedrooms and bathrooms does 723 Chesapeake Dr have?
723 Chesapeake Dr has 5 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Waterloo.
Is 723 Chesapeake Dr close to transit?
The nearest rapid-transit station is Conestoga Station (ION), about 2.1 km in a straight line. Northfield Station is about 3.0 km, and Research and Technology Station is about 4.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 723 Chesapeake Dr?
About $3,925 a month — principal and interest on $799,000 with 20% down ($159,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Are there open houses at 723 Chesapeake Dr?
Yes — Saturday, October 17, 2:00 PM – 4:00 PM; Sunday, October 18, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 723 Chesapeake Dr compare with other homes in Waterloo?
Its asking price of $799,000 is about 14% above the median sold price in Waterloo over the last 90 days, $700,000, across 468 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 723 Chesapeake Dr been sold before?
Summitly has no earlier MLS® sale or lease of 723 Chesapeake Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 723 Chesapeake Dr?
723 Chesapeake Dr is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 723 Chesapeake Dr been on the market?
723 Chesapeake Dr was listed today (October 13, 2026).
What is the price per square foot of 723 Chesapeake Dr?
About $320 to $400 per square foot: the asking price of $799,000 over the 2,000–2,500 sq ft the listing gives as its size range.
