1680 Evans Boulevard 115, London South

$377,184
1680 Evans Boulevard 115

$377,184

New
28d
Condo Townhouse2-Storey

1680 Evans Boulevard 115, London South

Total Monthly Obligation $1,936

Beds
3
Baths
3
Park
2
Sqft
1400-1599
DOM
28d
Score
54
Yield
8.3%
Cash on Cash
12.3%
Cap Rate
7.2%
5Y IRR
25.5%
10Y IRR
23.0%
Property Type-Condo Townhouse
MLS® Number-X13829364
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Condo Townhouse
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 LYNX lower interior at STAX by The IRONSTONE BUILDING COMPANY - To Be Built interior stacked townhome offering 1,586 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 deck 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
$301,747
Land Transfer Taxes$4,133
Legal Fees (Est.)
$
Total cash required for closing$81,070

Total Monthly Obligation

$1,936/mo
Mortgage $1,521
Monthly Loss $1,536
Principal$400
Interest$1,121
Condo Fees$215
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
6.2%52
Cash-on-Cash
6.2%28
5-Year IRR
20.7%93
10-Year IRR
19.3%
Returns Index
58.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
54/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,368/yr
NOI
$23,251/yr
Net Cash Flow
$416/mo
Cash Margin
15.9%55
Cash Flow Index
54.6/ 100
Risk Profile
Weight: 20%
DSCR
1.2752
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo81
Risk Index
50.6/ 100

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

Comparables

Properties near 1680 Evans Boulevard 115

Time

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