4-Bed Carpet-Free Home with 18-Foot Swim Spa in Clair Hills

Property details for 723 Munich Circle, Waterloo

Type: Residential
Bedrooms: 4
Bathrooms: 4
Lot Size: 42.8 x 100.1 FT
Stories: 2
Basement: Finished, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Aluminum siding
Ownership: Freehold
Annual Taxes: $6,412 (2025)

This 2-storey brick and aluminum house on Munich Circle packs a serious punch. Four bedrooms and four baths spread across roughly 2,600 square feet of living space, all on a 42.8 by 100.1 foot lot. The place is fully carpet-free, so it's just hardwood, tile, and other hard surfaces. The kitchen's upgraded with granite and quartz counters, and California shutters are on the windows throughout. But the real showstopper is out back: an 18-foot swim spa, perfect for year-round laps or lounging. The yard's fenced and lined with mature trees, giving you privacy. Inside, the basement's finished, adding even more hangout space. You've got central air for summer and forced air gas heat for winter. Parking's easy with an attached garage and space for four vehicles total. Location's a big win too. Sir John A. MacDonald Secondary School is just over a kilometer away, and the University of Waterloo is under 4 klicks. The Moraine Trail is steps from your door, so you can hit the hiking trails anytime. Taxes run about $6,412 annually. Listed at $1,189,000, which is above the nearby median sold price of $999,500, but this one's got that swim spa and premium finishes. Homes here typically sell in around 45 days, so it's a solid market. If you want a low-maintenance place with resort vibes, this is worth a look.

About 723 Munich Circle, Waterloo — Property Score

Great Location Feature Rich

Score: 64/100

Value

Priced 32.1% above area median of $899,900 based on 174 comparable properties nearby 22

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

4 bathrooms - 1 more than similarly priced properties nearby 72

4,284 sqft lot - a standard lot for the area 65

Location

$118K median household income - above the Canadian average of $70K 89

90% of residents hold postsecondary credentials - a highly educated neighbourhood 96

92% homeownership rate - indicating a stable, owner-occupied community 94

70% of residents commute under 30 minutes - excellent commuter accessibility 86

388/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 21 days on market 100

+1.6% median price change over 1 month - stable pricing in the area 58

42 months of housing supply - 252 active listings with 6 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.5 spots 95

Finished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

Pool - premium features that add significant value 65

Investment

0.54% effective tax rate ($6,412/yr) - very low tax burden 84

7% renter population - primarily owner-occupied area 39

Quality

Condition

Listing

33 photos provided - below the area average of 40 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.