3 Evergreen Court, Tillsonburg

$742,500
3 Evergreen Court

$742,500

New
15d
DetachedBungalow

3 Evergreen Court, Tillsonburg

Total Monthly Obligation $3,863

Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
15d
Score
16
Yield
3.9%
Cash on Cash
-8.5%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Detached
MLS® Number-X13876560
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-38.81 × 99.6 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$5,913 (2025)
Parking-4 - Attached
Basement-Development Potential, Partial Basement
Heating-Forced Air (Gas)
Brokerage-Gale Group Realty Brokerage Ltd
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-45 Days
Neighbourhood-Tillsonburg
Title-Residential Freehold

No agent assigned

Right-size your home. Upsize your lifestyle in beautiful Tillsonburg. Built in 2023, this thoughtfully designed 3-bedroom, 2-bathroom bungalow offers 1,532 sq. ft. of comfortable, modern main-floor living-perfect for those ready to simplify without sacrificing quality or space. The bright open-concept kitchen, dining and living area creates an inviting place to gather, featuring quartz countertops, high end appliances, a stunning stone gas fireplace and a cathedral ceiling. The spacious primary bedroom offers a walk-in closet and 3-piece ensuite, while two additional bedrooms provide ideal space for guests, family or a home office. Main-floor laundry makes everyday living easy, while the unfinished but already-framed basement offers future possibilities for additional living space or storage. Enjoy the convenience of a heated double garage, owned tankless water heater, new deck, fencing and large shed, landscaped lot with an irrigation system, along with new blinds and automatic Christmas lights. Close to city amenities, golf, and just a short distance to the lake. Modern, manageable and move-in ready-this is a home designed for the next chapter, with more time to enjoy the things that matter most.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$594,000
Land Transfer Taxes$11,325
Legal Fees (Est.)
$
Total cash required for closing$161,325

Total Monthly Obligation

$3,863/mo
Mortgage $2,995
Monthly Loss $3,075
Principal$788
Interest$2,207
Property Tax$493
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
7.2%
Returns Index
7.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$28,800/yr
NOI
$15,507/yr
Net Cash Flow
-$1,703/mo
Cash Margin
-70.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
20.7/ 100

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

Comparables

Properties near 3 Evergreen Court

Time

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Data last updated within the past 24 hours.