1680 Evans Boulevard 113, London South

$400,126
1680 Evans Boulevard 113

$400,126

New
28d
Condo Townhouse2-Storey

1680 Evans Boulevard 113, London South

Total Monthly Obligation $2,029

Beds
3
Baths
3
Park
2
Sqft
1600-1799
DOM
28d
Score
36
Yield
7.5%
Cash on Cash
8.9%
Cap Rate
6.5%
5Y IRR
22.8%
10Y IRR
20.6%
Property Type-Condo Townhouse
MLS® Number-X13829356
Beds-3
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-New
Maintenance-$215/mo
Locker-None
Parking-2 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Other
Neighbourhood-South U
Title-Residential Condo & Other

No agent assigned

The Ultra upper interior at STAX by The IRONSTONE BUILDING COMPANY - To Be Built interior upper stacked townhome offering 1,727 sq. ft. of modern living space with 3 bedrooms and 2.5 bathrooms. Located within STAX, a new community of contemporary stacked townhomes in Summerside , this design combines quality finishes, and low-maintenance living. The open-concept main floor features 9-foot ceilings, luxury vinyl plank flooring, and a spacious layout ideal for everyday living and entertaining. The contemporary kitchen is beautifully finished with hard surface countertops, soft-close cabinetry, under-cabinet lighting, an undermount stainless steel sink, and a waterline rough-in for the refrigerator. Upstairs, the spacious primary suite includes a private ensuite bathroom, while two additional bedrooms offer flexibility for family living, guests, or a home office. A private partially covered balcony provides the perfect outdoor space to relax or entertain. Additional highlights include a high-efficiency natural gas furnace, central air conditioning, two allocated parking spaces, condominium fees of approximately $215 per month, anticipated Oct 2027 to Jan 2028 occupancy, and the peace of mind of the Tarion New Home Warranty. NOTE :This purchase price is the base price less HST. The HST rebate is subject to Buyers' eligibility and final approval by applicable government authorities. Buyers who do not qualify, or are unable to fulfil all eligibility requirements will be subject to all applicable additional HST on closing. Visit our Presentation Center located at 674 CHELTON Road, open Saturdays and Sundays from 12:00 p.m. to 4:00 p.m.

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

Closing Costs

Mortgage Amount
$329,064($8,963 CMHC)
Land Transfer Taxes$4,478
Legal Fees (Est.)
$
Total cash required for closing$86,003

Total Monthly Obligation

$2,074/mo
Mortgage $1,659
Monthly Loss $1,638
Principal$437
Interest$1,223
Condo Fees$215
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.5%44
Cash-on-Cash
2.5%13
5-Year IRR
16.7%80
10-Year IRR
16.6%
Returns Index
46.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
36/ 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
$30,084/yr
NOI
$22,096/yr
Net Cash Flow
$182/mo
Cash Margin
7.3%18
Cash Flow Index
17.5/ 100
Risk Profile
Weight: 20%
DSCR
1.1136
LTV Ratio
82.2%14
Vacancy Buffer
4.5 mo78
Risk Index
42.5/ 100

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

Comparables

Properties near 1680 Evans Boulevard 113

Time

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