48 Shellwood Shores Avenue, Huntsville

$1,249,900
48 Shellwood Shores Avenue

$1,249,900

New
28d
DetachedLog

48 Shellwood Shores Avenue, Huntsville

Total Monthly Obligation $6,006

Beds
3
Baths
4
Park
4
Sqft
2000-2500
DOM
28d
Score
15
Yield
3.4%
Cash on Cash
-9.4%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.9%
Property Type-Detached
MLS® Number-X13830490
Beds-3
Bathrooms-4
Size-2000-2500 sqft
Lot Size-188.54 × 198.16 ft
Listed on site-Sep 25, 2026
Style-Log
Building Type-Detached
Age-16-30
Taxes-$7,073.28 (2025)
Parking-6 - Detached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker Thompson Real Estate
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Log
Roof-Asphalt Shingle
Foundation-Insulated Concrete Form
Sewer-Septic
Possession-Flexible
Neighbourhood-Brunel
Title-Residential Freehold

No agent assigned

Found at the end of a quiet cul-de-sac in the sought-after Riverview Estates subdivision, this beautifully crafted log home by True North Log Homes offers nearly 200 ft of frontage on the Muskoka River with direct access to Huntsville's 4-lake chain & over 40 miles of boating. A full length covered porch welcomes you on the road side, while inside the main floor features an open-concept living, dining & kitchen area centred around a stunning stone natural gas fireplace. The kitchen is complimented by a large pantry for everyday ease. From the kitchen, step out to the riverside deck with a convenient natural gas BBQ hookup, perfect for easy summer evenings by the water. A 2-pc powder room is conveniently located on the main floor, and a separate hall closet houses the stackable laundry & laundry sink. Upstairs, the spacious primary suite offers soaring cathedral ceilings, double closets, a cozy natural gas fireplace, a 6-pc ensuite & serene views of the surrounding trees. A guest bedroom & 4-pc bath complete the second floor. The fully finished walkout basement adds a large rec room, third bedroom & another 4-pc bath, ideal for family or visitors. A double car detached garage provides ample parking and storage. Outside, enjoy fabulous water views from your private dock, with a shallow area for kids to play & deeper water at the end for swimming. The oversized dock of over 30ft in length means there is plenty of room to dock your boat. Serviced by a drilled well, septic, municipal natural gas & curb side sanitary collection, and located close to Riverside Public School & Huntsville High School, this property blends the warmth & character of log home living with the convenience of being just minutes to town, an exceptional home or cottage opportunity.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$999,920
Land Transfer Taxes$21,473
Legal Fees (Est.)
$
Total cash required for closing$272,953

Total Monthly Obligation

$6,006/mo
Mortgage $5,042
Monthly Loss $4,679
Principal$1,327
Interest$3,715
Property Tax$589
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.6%13
10-Year IRR
7.1%
Returns Index
7.7/ 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
$41,940/yr
NOI
$26,173/yr
Net Cash Flow
-$2,861/mo
Cash Margin
-81.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.6/ 100

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

Comparables

Properties near 48 Shellwood Shores Avenue

Time

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