691 South Waseosa Lake Road, Huntsville

$1,199,900
691 South Waseosa Lake Road

$1,199,900

New
29d
DetachedBungalow

691 South Waseosa Lake Road, Huntsville

Total Monthly Obligation $5,602

Beds
3
Baths
3
Park
6
Sqft
2000-2500
DOM
29d
Score
15
Yield
2.9%
Cash on Cash
-10.8%
Cap Rate
2.3%
5Y IRR
7.1%
10Y IRR
8.0%
Property Type-Detached
MLS® Number-X13823176
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-142 × 1319.07 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,646.32 (2025)
Parking-8 - Attached
Basement-Crawl Space
Heating-Forced Air (Propane)
Brokerage-Coldwell Banker Thompson Real Estate
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding, Metal/Steel Siding
Roof-Asphalt Shingle
Foundation-Concrete Block, Insulated Concrete Form, Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Chaffey
Title-Residential Freehold

No agent assigned

An extraordinary transformation awaits in this truly exceptional 2025 renovation, where a once-original home has been thoughtfully reimagined into a high-end modern bungalow offering over 2,000 sq ft of beautifully finished living space. Designed with exceptional attention to detail, quality craftsmanship, & timeless style, this remarkable home blends contemporary finishes with warmth & comfort. The striking exterior combines natural wood accents with vertical vinyl & steel siding, creating impressive curb appeal, while the interior showcases an abundance of natural light through numerous floor-to-ceiling windows that beautifully connect the home with its private 4.3-acre setting. The open-concept living, dining, & kitchen area is the centrepiece of the home, featuring a stunning custom kitchen with quartz countertops, extensive storage, glass window backsplash, wall oven, & cooktop with downdraft ventilation built into the island. Sliding doors from the dining area lead to a large covered deck, extending the living space outdoors & creating the perfect spot to enjoy the peaceful surroundings. The spacious primary suite offers a walk-through closet with exceptional built-ins & a beautiful 3-piece ensuite, while two additional bedrooms share an impressive guest bathroom complete with a glass shower & separate soaker tub. Additional features include a dedicated office with built-in desk, stylish powder room, laundry room with sink & abundant storage, & a thoughtfully designed mudroom providing access to the oversized double car attached garage. Set on a beautifully private acreage with rolling topography, a circular driveway, & plenty of room for children or pets to roam and explore, this property also offers endless possibilities for gardening, outdoor activities, & creating your own country retreat. A rare opportunity to own a completely transformed, modern yet warm bungalow where quality, comfort, & sophisticated design come together seamlessly.

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%
%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$959,920
Land Transfer Taxes$20,473
Legal Fees (Est.)
$
Total cash required for closing$261,953

Total Monthly Obligation

$5,602/mo
Mortgage $4,840
Monthly Loss $4,329
Principal$1,274
Interest$3,566
Property Tax$387
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.1%0
5-Year IRR
4.5%10
10-Year IRR
6.3%
Returns Index
6.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$34,200/yr
NOI
$21,634/yr
Net Cash Flow
-$3,037/mo
Cash Margin
-106.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
16.0/ 100

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

Comparables

Properties near 691 South Waseosa Lake Road

Time

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