Homula Realty Brokerage
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7 Marchant Street, Aylmer, ON N5H 1V5

3+1 beds · 2 baths · 1 kitchen · 7+3 rooms · 4 parking spaces · 700-1100 sq ft · Detached
$489,000
Property tax
$3,029 / year

Fantastic opportunity for first-time buyers or those looking to downsize in a wonderful, family-friendly neighbourhood! This charming carpet-free 3+1 bedroom, 2 bathroom bungalow sits on a generous corner lot and has been thoughtfully updated throughout. Recent improvements include the roof (2017), electrical panel (2018), basement windows (2018), attic insulation (2018), and furnace and air conditioner (2018), offering peace of mind for years to come. The bright and inviting main floor features three spacious bedrooms, a sun-filled living room, and a large eat-in kitchen that's perfect for everyday living. Downstairs, you'll find a newly finished recreation room, a 3-piece bathroom, and a spacious fourth bedroom, along with plenty of storage space. This move-in ready home offers exceptional value in a sought-after location-don't miss your chance to make it yours!

MLS number
X13559826
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
N5H 1V5
Photos
25
59days · this listing
59days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Davenport Public School
Thames Valley DSB
Elementary574 m6.7 / 10
67% met the standard · 3 of 6 measures
East Elgin Secondary School
Thames Valley DSB
Secondary983 m5.9 / 10
59% met the standard · 2 of 6 measures
McGregor Public School
Thames Valley DSB
Elementary1.2 km5.6 / 10
56% met the standard · 3 of 6 measures
Assumption Separate School
London District Catholic School Board
Elementary1.2 km8.0 / 10
80% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Aylmer166 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$472k$522k$572k20252026this home’s asking price
$480klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d25d51d20252026
27dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in aylmer. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 636 people.

$96,000Median household income
94%Own their home
96%Detached houses
46.8Median age
22.9%Born outside Canada
14.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35340147 — the few blocks around this address, home to 636 people. It describes the area, not this property.

636Population
43.6Average age
2.6Household size
$97,000Average household income
$96,000Median household income
94%Own their home
6%Rent
0%Condominiums
23%Born outside Canada
14%University degree
$544,000Average home value
4%Low income
77%Not in the labour force
16%Never married
$25,000 to $29,9993%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9993%
$50,000 to $59,9994%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9997%
$90,000 to $99,9996%
$100,000 and over33%
$100,000 to $124,99912%
$125,000 to $149,9997%
$150,000 to $199,99910%
$200,000 and over4%

Percentages are of the 345 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$97,800 · minimum here is $24,450
$2,165.19per month
Borrowed before insurance$391,200
Total borrowed$391,200
Interest over 25 years at 4.5%$258,356

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$1,602.60per month out of pocket
Rent$815.00
Everything it costs to hold$2,417.60
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX a-b Realty Ltd Brokerage. Listing data provided by the Toronto Regional Real Estate Board.