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204 Merritt Court

North Middlesex, N0M 2K0·MLS® X13111332·

Listing courtesy of Exp Realty·Updated May 11

4Beds
3Baths
2,000-2,500Sqft
NewYear Built

Listing price

$912,945

Est. $4,348/mo

Days on market

30

Listed May 11, 2026

Description

Welcome to 204 Merritt Ave in Parkhill - the stunning "Exhale" model by XO Homes. This brand-new custom build offers over 2,200 sq ft of thoughtfully designed living space with 4 spacious bedrooms, 2.5 bathrooms, and every upgrade you actually want already included. From the moment you walk in, you'll notice the elevated finishes, open-concept layout, natural light, and designer touches throughout. The chef-inspired kitchen flows seamlessly into the living and dining space, making this home ideal for entertaining or busy family life. The unfinished basement with a separate private entrance creates incredible potential for a future in-law suite, income opportunity, or multi-generational setup. And the real showstopper? Your backyard backs directly onto a peaceful forested area - giving you privacy, tranquility, and the feeling of escaping the city while still being close to everything.

Property details

Garage

2 car Attached

Basement

Full, Unfinished

Parking

4 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$880,581Below Market
$825,804$935,358

82% confidence · 5 comparable sales analysed

Location & neighbourhood

Parkhill

North Middlesex, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$4,348
Property tax$989
Insurance (est.)$190
Utilities (est.)$250
Total monthly$5,777

Land transfer tax

Ontario LTT

$14,734

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

May 11, 2026Listed
$912,945

Sold comparables nearby

64 Postma Crescent, North MiddlesexSold

$584,248

64 Postma Crescent, North Middlesex

3 bd·3 ba·1,100-1,500 sqft
103 Sheldabren Street, North MiddlesexSold

$674,900

103 Sheldabren Street, North Middlesex

4 bd·3 ba·2,000-2,500 sqft

See all 10 comparables

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Market conditions · Parkhill

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$3,652

Rental yield

4.8%

Est. cash flow

-$2,125

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$216,643

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$880,581

Below Market

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