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.
4 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $495 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 735 Karlsfeld Rd
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
Walk-Out, Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Walk-Out · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
735 Karlsfeld Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13600694$990,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 735 Karlsfeld Rd Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$4,864
/mo
based on the purchase price of $990,000
$198,000 cash
$792,000 financed
$667,072 total interest
Principal54%$792,000
Interest46%$667,072
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.
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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 3–4 bed homes for sale in Waterloo around $990K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.1%On average, homes sold at or above asking.
Active listings369Homes for sale here right now.
Median vs prior 90 days−0.3%Compared with May 10 – Aug 8, 2026: prices down.
Based on 417 sales from Aug 8 – Nov 6, 2026 (303 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
735 Karlsfeld Rd is listed at $990,000 (MLS® X13600694). Summitly updates the price as soon as the MLS® record changes.
Is $990,000 a good price for 735 Karlsfeld Rd?
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 735 Karlsfeld Rd changed?
No — 735 Karlsfeld Rd is still listed at its original asking price of $990,000.
How many bedrooms and bathrooms does 735 Karlsfeld Rd have?
735 Karlsfeld Rd has 4 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Waterloo.
Is 735 Karlsfeld Rd close to transit?
The nearest rapid-transit station is University of Waterloo Station (ION), about 3.5 km in a straight line. Laurier - Waterloo Park Station is about 3.8 km, and Research and Technology Station is about 3.8 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 735 Karlsfeld Rd?
About $4,864 a month — principal and interest on $990,000 with 20% down ($198,000), 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.
How does 735 Karlsfeld Rd compare with other homes in Waterloo?
Its asking price of $990,000 is about 40% above the median sold price in Waterloo over the last 90 days, $704,914, across 417 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 735 Karlsfeld Rd been sold before?
Summitly has no earlier MLS® sale or lease of 735 Karlsfeld Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 735 Karlsfeld Rd?
735 Karlsfeld Rd is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 735 Karlsfeld Rd been on the market?
106 days — 735 Karlsfeld Rd was listed on July 23, 2026.
What is the price per square foot of 735 Karlsfeld Rd?
About $396 to $495 per square foot: the asking price of $990,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 735 Karlsfeld Rd have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.