London New Homes › New Townhomes in London
Updated for 2026 · London, Ontario
Two communities are selling right now, both in Summerside. Here is what each one costs, what you actually get, and the question most listings avoid answering.
There are two new townhome communities selling in London, Ontario right now, both in Summerside:
STAX Stacked Townhomes — stacked townhomes from $377,184. Three bedrooms, 2.5 bathrooms, 1,586–1,771 sq. ft.
Element Towns — move-in-ready condominium townhomes from $429,000. Three bedrooms, 3.5 bathrooms, 1,734–1,789 sq. ft., attached single-car garage, at 1870 Evans Boulevard.
Both are three-bedroom homes under $450,000. Pricing and availability change without notice — ask us for the current list before relying on any figure here.
| Element Towns | STAX Stacked Townhomes | |
|---|---|---|
| Starting price | $429,000 | $377,184 |
| Type | Condominium townhome, three storeys | Stacked townhome |
| Size | 1,734 – 1,789 sq. ft. | 1,586 – 1,771 sq. ft. |
| Bedrooms | 3 | 3 |
| Bathrooms | 3.5 | 2.5 |
| Garage | Attached single-car | No attached garage |
| Location | 1870 Evans Boulevard, Summerside | Summerside, east London |
| Availability | Move-in ready — finished and inspected | Registering now |
| Best for | Buyers who need to move soon and want the extra bathroom, garage and balcony | Buyers optimising for the lowest entry price on something new |
1870 Evans Blvd · Summerside
From $429,000
View Element Towns →Summerside · East London
From $377,184
View STAX →This is the question most listings skip, and it's the one that decides affordability. A freehold townhome means you own the home and the land under it, with no monthly fee. A condominium townhome means you own your unit and pay a monthly common element fee toward shared costs — private roadways, visitor parking, snow clearing, landscaping.
That fee sits on top of your mortgage and property taxes forever. A $429,000 condo townhome with a $250 monthly fee costs more to carry than a $445,000 freehold with none. Compare the monthly number, not the sticker.
Element Towns are condominium townhomes. The builder hasn't released the fee amount yet — we ask on every update and send it the moment it's in writing. Get the figure and read the condominium declaration before you commit; that document, not a sales conversation, is what binds.
A traditional townhome runs floor to roof and shares only side walls. A stacked townhome splits the building horizontally, so one home occupies the lower levels and another the upper. You may have a neighbour above or below you.
The trade is straightforward: stacked units cost less because the land is shared further, which is exactly why STAX starts about $52,000 below Element. If a private garage and no one overhead matter to you, that gap is what it costs. If entry price is the binding constraint, stacked is how you get into something new in London today.
Summerside, in London's southeast, is where most of the city's new low-rise construction has been going. It's newer housing stock, closer to Highway 401 access, with schools and retail built out alongside the subdivisions rather than retrofitted into them.
It also means the two are genuinely comparable — same part of the city, same commute, same catchments. Your decision comes down to product and price rather than geography.
The sticker price isn't the whole number, and new builds carry costs resale doesn't:
The upside is real too: a Tarion warranty behind the build, current building code, no deferred maintenance you inherit, and no bidding war against six other offers.
The agent in the builder's sales office is retained by the builder. That's not a criticism — it's the job. It just means nobody in that room is checking the deal on your behalf.
On new construction the builder pays the buyer representative's commission, so having someone on your side doesn't raise your price. The catch is timing: you must name your representative on your first visit or registration. Register on your own and it's usually too late to add anyone.
Common Questions
Two new townhome communities are selling in London right now, both in Summerside in the city's southeast:
Element Towns — move-in-ready condominium townhomes at 1870 Evans Boulevard. Three bedrooms, 3.5 bathrooms, 1,734–1,789 sq. ft., attached single-car garage, from $429,000.
STAX Stacked Townhomes — stacked townhomes across the LYNX and ULTRA collections. Three bedrooms, 2.5 bathrooms, 1,586–1,771 sq. ft., starting at $377,184.
New townhomes in London currently start at $377,184 for a stacked townhome at STAX and $429,000 for a three-storey condominium townhome at Element Towns.
Both are three-bedroom homes between 1,586 and 1,789 sq. ft. Price varies with size, unit position and lot, and changes without notice — ask us for the current full price list rather than relying on a starting figure.
Yes — STAX Stacked Townhomes starts at $377,184, which is under $400,000. Three bedrooms, 2.5 bathrooms, 1,586–1,771 sq. ft. in Summerside.
The caveat worth stating plainly: entry pricing usually applies to a limited number of units, and it moves. Ask for the current list before you plan around that number.
A traditional townhome runs floor to roof and shares only side walls. A stacked townhome splits the building horizontally — one home on the lower levels, another above — so you may have a neighbour overhead or underneath.
Stacked units cost less because the land is divided among more homes. That's the whole reason STAX starts roughly $52,000 below Element.
It varies by community — and it changes your monthly carrying cost, so it belongs in the comparison from the start.
Freehold means you own the home and the land, with no monthly fee. Condominium means a monthly common element fee on top of mortgage and taxes, covering shared roadways, visitor parking, snow clearing and landscaping.
Element Towns are condominium townhomes. The builder hasn't released the fee amount yet. Get it in writing and read the condominium declaration before committing.
Both are in Summerside, in London's southeast — where most of the city's recent low-rise construction has gone.
Element Towns is at 1870 Evans Boulevard. STAX is also in Summerside. Same part of the city, same commute, same catchments, which means your choice comes down to product and price rather than location.
No. On new construction the builder pays the buyer representative's commission, so it doesn't raise your price.
The timing matters though: name your representative on your first visit or registration. Once you've registered on your own, it's usually too late to add one — and then the only agent involved is the builder's.
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