756 Karlsfeld Road, Waterloo

$834,900
756 Karlsfeld Road

$834,900

New
23d
Detached3-Storey

756 Karlsfeld Road, Waterloo

Total Monthly Obligation $4,241

Beds
5
Baths
4
Park
2
Sqft
2000-2500
DOM
23d
Score
19
Yield
5.0%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X13844728
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-33.99 × 135.33 ft
Listed on site-Sep 30, 2026
Style-3-Storey
Building Type-Detached
Taxes-$5,973 (2026)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Title-Residential Freehold

No agent assigned

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.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$667,920
Land Transfer Taxes$13,173
Legal Fees (Est.)
$
Total cash required for closing$181,653

Total Monthly Obligation

$4,241/mo
Mortgage $3,368
Monthly Loss $3,354
Principal$886
Interest$2,482
Property Tax$498
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.6%33
10-Year IRR
10.3%
Returns Index
17.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$41,400/yr
NOI
$26,787/yr
Net Cash Flow
-$1,136/mo
Cash Margin
-32.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 756 Karlsfeld Road

Time

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