1870 Evans Boulevard 38, London South

$429,000
1870 Evans Boulevard 38

$429,000

New
4d
Condo Townhouse3-Storey

1870 Evans Boulevard 38, London South

Total Monthly Obligation $2,130

HausQ Valuation Report
Beds
3
Baths
4
Park
1
Sqft
1600-1799
DOM
4d
Score
33
Yield
7.0%
Cash on Cash
6.9%
Cap Rate
6.1%
5Y IRR
21.1%
10Y IRR
19.2%
Property Type-Condo Townhouse
MLS® Number-X14093808
Beds-3
Bathrooms-4
Size-1600-1799 sqft
Listed on site-Oct 19, 2026
Style-3-Storey
Building Type-Condo Townhouse
Maintenance-$200/mo
Locker-None
Parking-2 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-NU-VISTA PINNACLE REALTY BROKERAGE INC
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-Vacant and Move in Ready!
Neighbourhood-South U
Title-Residential Condo & Other

No agent assigned

MODERN LIVING. INCREDIBLE VALUE. $429,000! An incredible opportunity to own a stylish 3-bedroom, 3.5-bathroom townhome by The Ironstone Building Company at an exceptional price point. The thoughtfully designed condo begins with a versatile ground-floor den with its own full 3-piece bathroom, that offers the flexibility of a home office, guest space or additional living area. Upstairs, enjoy a bright open-concept layout with 9' ceilings, a contemporary kitchen featuring quartz countertops and soft-close cabinetry, and plenty of room to live and entertain. PLUS, a 5-piece appliance package is included! Flexible closing dates make it even easier to make this home yours. Low-maintenance living with condo fees of just $200/month. Conveniently located less than 5 minutes to Highway 401 and close to shopping, restaurants, parks, everyday amenities and the new Jackson Meadows Public School. Brand-new home. Modern finishes. Incredible value. $429,000. Don't miss this one!!

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Closing Costs

Mortgage Amount
$343,200
Land Transfer Taxes$5,055
Legal Fees (Est.)
$
Total cash required for closing$92,355

Total Monthly Obligation

$2,130/mo
Mortgage $1,730
Monthly Loss $1,675
Principal$455
Interest$1,275
Condo Fees$200
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.2%40
Cash-on-Cash
1.5%11
5-Year IRR
16.8%81
10-Year IRR
16.0%
Returns Index
44.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
33/ 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
$29,904/yr
NOI
$22,114/yr
Net Cash Flow
$112/mo
Cash Margin
4.5%11
Cash Flow Index
10.9/ 100
Risk Profile
Weight: 20%
DSCR
1.0632
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo76
Risk Index
42.1/ 100

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

Comparables

Properties near 1870 Evans Boulevard 38

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.