1870 Evans Boulevard 44, London South

$469,900
1870 Evans Boulevard 44

$469,900

Price Change
29d
Condo Townhouse3-Storey

1870 Evans Boulevard 44, London South

Total Monthly Obligation $2,295

Beds
3
Baths
4
Park
1
Sqft
1600-1799
DOM
29d
Score
28
Yield
6.3%
Cash on Cash
4.3%
Cap Rate
5.5%
5Y IRR
19.0%
10Y IRR
17.4%
Property Type-Condo Townhouse
MLS® Number-X13825502
Beds-3
Bathrooms-4
Size-1600-1799 sqft
Listed on site-Sep 24, 2026
Style-3-Storey
Building Type-Condo Townhouse
Maintenance-$200/mo
Locker-None
Parking-2 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-NU-VISTA PINNACLE REALTY BROKERAGE INC
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Closings are flexible!
Neighbourhood-South U
Title-Residential Condo & Other

No agent assigned

Welcome to Element Townhomes by The Ironstone Building Company - Corner unit with plenty of natural sunlight that bathes in the property! This thoughtfully designed 3-bedroom, 3.5-bathroom townhome offers a versatile ground-floor den with a full 3-piece bathroom, perfect for use as a guest suite or home office. Enjoy the ideal combination of modern finishes, functional living space, and low-maintenance living. The bright, open-concept main floor features 9-foot ceilings and a contemporary kitchen complete with quartz countertops and soft-close cabinetry. Bonus Incentive: A 5-piece appliance package is included, along with flexible closing dates to suit your needs. Enjoy the added value of condo fees at only $200/month. Ideally located less than 5 minutes from Highway 401 and close to shopping, restaurants, parks, everyday amenities, and the new Jackson Meadows Public School. An exciting opportunity to own a brand-new home at an attainable price point!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$375,920
Land Transfer Taxes$5,873
Legal Fees (Est.)
$
Total cash required for closing$101,353

Total Monthly Obligation

$2,295/mo
Mortgage $1,895
Monthly Loss $1,797
Principal$499
Interest$1,397
Condo Fees$200
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.8%6
5-Year IRR
15.0%71
10-Year IRR
14.5%
Returns Index
37.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$29,748/yr
NOI
$21,973/yr
Net Cash Flow
-$64/mo
Cash Margin
-2.6%3
Cash Flow Index
2.9/ 100
Risk Profile
Weight: 20%
DSCR
0.9724
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
37.9/ 100

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

Comparables

Properties near 1870 Evans Boulevard 44

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.