199 Emerald Road, London South

$540,000
199 Emerald Road

$540,000

Price Change
29d
Detached2-Storey

199 Emerald Road, London South

Total Monthly Obligation $2,864

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
29d
Score
22
Yield
5.7%
Cash on Cash
-0.1%
Cap Rate
4.6%
5Y IRR
15.5%
10Y IRR
14.6%
Property Type-Detached
MLS® Number-X13822580
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-29.6 × 111.92 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$3,730.56 (2026)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South U
Title-Residential Freehold

No agent assigned

Experience the perfect blend of value, comfort and community in this lovely 3-bedroom home, nestled on a peaceful, family-friendly street in the heart of desirable Summerside. Inside, you are welcomed by a light-filled kitchen, a generous primary suite, and a versatile lower-level recreation room ideal for family play or relaxing evenings. Outdoor living is effortless with a fully fenced backyard and a deck, perfect for hosting summer gatherings. Ideally positioned for a lifestyle of convenience, this home is moments away from top-rated schools, scenic walking trails, vibrant shopping, and essential amenities including City Wide Sports Park and Victoria Hospital, with seamless access to Highway 401 for an easy commute. This is a rare opportunity for first-time buyers and growing families alike!

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

Mortgage Amount
$432,000
Land Transfer Taxes$7,275
Legal Fees (Est.)
$
Total cash required for closing$116,775

Total Monthly Obligation

$2,864/mo
Mortgage $2,178
Monthly Loss $2,291
Principal$573
Interest$1,605
Property Tax$311
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.7%2
5-Year IRR
11.2%44
10-Year IRR
11.5%
Returns Index
23.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$30,840/yr
NOI
$19,525/yr
Net Cash Flow
-$551/mo
Cash Margin
-21.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
28.9/ 100

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

Comparables

Properties near 199 Emerald Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.