23 Evylean Court, St. Thomas

$725,000
23 Evylean Court

$725,000

New
7d
DetachedBungalow

23 Evylean Court, St. Thomas

Total Monthly Obligation $3,683

Beds
4
Baths
3
Park
2
Sqft
1100-1500
DOM
7d
Score
18
Yield
4.6%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-X14085880
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-40.95 × 112.28 ft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$4,598 (2025)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-eXp Realty of Canada Inc.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-St. Thomas
Title-Residential Freehold

No agent assigned

Enjoy the ease of modern living in this nearly new bungalow, built in 2023 and located in the Orchard Park Meadows subdivision in St. Thomas! Offering 1,387 sq. ft. of thoughtfully designed main-floor living, this inviting home features a bright, open-concept layout with a cathedral ceiling stretching from the great room through to the kitchen, creating a spacious and welcoming atmosphere for everyday living and entertaining. The primary bedroom offers a large walk-in closet and 3-piece ensuite, while a second bedroom and additional 4-piece bathroom provide flexibility for family, guests or a home office. A convenient mudroom and laundry area with inside access to the single-car garage add to the home's practical design. The finished basement expands your living space even further with a comfortable recreation room, 2 additional bedrooms and another 4-piece bathroom, ideal for visiting family, overnight guests or a growing household. Step outside to enjoy the rear patio and covered gazebo area, perfect for morning coffee, summer barbecues or unwinding at the end of the day. A garden shed provides extra storage, while the partially fenced backyard offers room to relax, garden or enjoy time outdoors. With modern construction, flexible living space and inviting outdoor areas, this move-in-ready home is an excellent opportunity to enjoy comfortable, low-maintenance living.

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

Closing Costs

Mortgage Amount
$580,000
Land Transfer Taxes$10,975
Legal Fees (Est.)
$
Total cash required for closing$157,475

Total Monthly Obligation

$3,683/mo
Mortgage $2,924
Monthly Loss $2,913
Principal$770
Interest$2,155
Property Tax$383
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%27
10-Year IRR
9.5%
Returns Index
14.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$33,708/yr
NOI
$21,239/yr
Net Cash Flow
-$1,155/mo
Cash Margin
-41.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.6/ 100

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

Comparables

Properties near 23 Evylean Court

Time

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