118 Summersides Boulevard 307, Pelham

$464,900
118 Summersides Boulevard 307

$464,900

Sold Conditional Escape
24d
Condo ApartmentApartment

118 Summersides Boulevard 307, Pelham

Total Monthly Obligation $2,724

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
1
Sqft
800-899
DOM
24d
Score
20
Yield
5.8%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-X13841802
Bed+Den-2+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,410 (2025)
Maintenance-$365/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Vinyl Siding, Stone
Possession-Flexible
Neighbourhood-662 - Fonthill
Title-Residential Condo & Other

No agent assigned

Welcome to the award winning One Fonthill Condominiums located at 118 Summerside Boulevard in Fonthill! This rare find of a condo offers the luxury of two owned parking spots-one underground and one surface-along with a generous 10x5 walk-in storage locker. A former model suite packed with premium upgrades, this bright one-bedroom plus den layout features solid stone countertops, upgraded kitchen and bathroom cabinetry complete with pot drawers and a central island, a stylish backsplash, an upgraded stove, and a spa-like ensuite with a tiled walk-in shower, alongside updated fixtures, blinds, and lighting. Step out onto your private balcony to take in tranquil views of the surrounding trail and enjoy absolute peace and relaxation. Beyond the suite, the building offers a great party room with barbecues for easy entertaining, all situated within walking distance to local retail and grocery stores, and steps from picturesque nature trails. Living the life in Fonthill truly is a dream!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$371,920
Land Transfer Taxes$5,773
Legal Fees (Est.)
$
Total cash required for closing$100,253

Total Monthly Obligation

$2,724/mo
Mortgage $1,875
Monthly Loss $2,231
Principal$493
Interest$1,382
Property Tax$284
Condo Fees$365
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.4%1
5-Year IRR
9.2%30
10-Year IRR
10.1%
Returns Index
16.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,048/yr
NOI
$14,153/yr
Net Cash Flow
-$696/mo
Cash Margin
-30.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
28.8/ 100

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

Comparables

Properties near 118 Summersides Boulevard 307

Time

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Data last updated within the past 24 hours.