Property Type: Detached HouseOwnership: Freehold

723 MUNICH Circle

Waterloo, BC N2V2N6

$1,189,000

4 bed4.5 bath4 parking2,198 sqftBuilt 2003
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Open House

Sunday, September 20

2:00 PM4:00 PM

Property Details

Property & Lot

Sub-type
House
Style
Other
Stories
2
Frontage
43 feet

R

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,412

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Water softener, Hot Tub, Range - Gas, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings

Exterior & Lot

Exterior features
Brick, Vinyl siding
Lot features
Paved driveway, Automatic Garage Door Opener

Building

Foundation
Poured Concrete
Water source
Municipal water, Unknown
Sewer
Municipal sewage system

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
BedroomBasement10'0'' x 12'5''
Living roomMain level12'0'' x 16'10''
Dining roomMain level9'5'' x 18'0''
KitchenMain level12'10'' x 14'11''
BedroomSecond level17'6'' x 14'1''
BedroomSecond level11'3'' x 14'2''
BedroomSecond level11'7'' x 11'2''
2pc BathroomMain level
3pc BathroomBasement
4pc BathroomSecond level
5pc BathroomSecond level

Listing Information

MLS®
40858886
Listed
August 28, 2026
Time on market
On the market for 17 days
Data last synced
September 15, 2026

Listing provided by: ComFree · Data source: CREA DDF.

Description

Welcome to this beautifully upgraded, carpet-free home in the highly desirable community of Clair Hills! Thoughtfully designed and meticulously maintained, this exceptional home offers a perfect blend of style, comfort and functionality. The professionally renovated chef’s kitchen, completed in 2020, is a true showstopper, featuring granite and quartz countertops, quality finishes and plenty of space for entertaining and everyday family living. All bathrooms throughout the home have been updated, including the impressive 5 piece primary ensuite, creating a stylish and comfortable retreat. California shutters throughout add timeless elegance while providing privacy and light control. Offering additional peace of mind for the next owner is the updated roof. Enjoy the incredible lifestyle this location offers, with access to some of the best schools in the city, local shopping and the beautiful Geo Time Trail just steps from your door, offering endless opportunities for biking, hiking and exploring nature. Step outside to your own private backyard oasis. The front and back yard landscaping were fully updated, creating a beautiful, low-maintenance outdoor retreat surrounded by mature trees and designed for relaxing and entertaining. Professionally installed in 2024, the impressive 18-foot swim spa is a spectacular addition, providing the perfect place for swimming, unwinding and enjoying time with family and friends year-round, while requiring very little maintenance. A rare opportunity to own a fully upgraded, carpet-free home in one of Waterloo’s most sought-after neighbourhoods, combining beautiful finishes, updated bathrooms, a professionally renovated kitchen, recent major improvements, incredible outdoor living and an unbeatable connection to nature. (id:63159)

Values & Trends

This listing

$541/sqft

Building average

No other active listings in this building

443 - Columbia Forest/Clair Hills average

$392/sqft

43 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Kitchener-Waterloo

Cloudy

11°C

Cloudy

Humidity 92%

Wind ENE calm km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

25°

Thursday night

13°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($93,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$951,200.00
Periodic payment — Principal & Interest (monthly)$6,136.82
Additional monthly expenses (strata, tax, utilities, etc.)$644.33
Total monthly cost$6,781.15
Interest paid over 5-yr term$272,616.65
Balance at end of term$855,607.48

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$93,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,420.94

Cash Needed at Closing

Minimum down payment$93,900
Estimated BC PTT$21,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$117,180

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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