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206 Main Street, North Middlesex, ON N0M 2K0

4 baths · Commercial Retail
$579,900

Welcome to 206 Main Street, Parkhill - A Prime Mixed-Use Investment Opportunity Discover the perfect blend of lifestyle and income potential with this well-maintained property located in the heart of Parkhill. Main Floor (Commercial Unit):Leased Starting March 1,2026 to a thriving local Fitness & Wellness business for two years at$1,700/month + HST + 50% of utilities (gas, water, hydro), providing reliable, steady income. Upper Level (Residential Unit):The spacious owner-occupied apartment offers approximately 1,700 sq. ft. of comfortable livingspace-3 generous bedrooms,2 bathrooms, bright inviting living room ,large eat-in kitchen featuring newer cabinets With two separate hallway entrances, this unit offers flexibility-ideal for conversion into two separate apartments (1-bedroom and 2-bedroom units), subject to local approvals. Exterior & Lot: Deep lot with ample parking .Centrally located with excellent visibility and access

MLS number
X13598824
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
4
Postal code
N0M 2K0
Photos
36
Property tax
$4,327 / year
50days · this listing
50days · 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.

Approximate — placed from the postal code, which can cover a block or more.

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
Sacred Heart Separate School
London District Catholic School Board
Elementary544 m7.3 / 10
73% met the standard · 3 of 6 measures
Parkhill-West Williams School
Thames Valley DSB
Elementary735 m5.0 / 10
50% met the standard
North Middlesex District High School
Thames Valley DSB
Secondary1.1 km4.2 / 10
42% met the standard · 2 of 6 measures
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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 475 people.

$67,500Median household income
69%Own their home
77.5%Detached houses
36.8Median age
10%Born outside Canada
7.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35390800 — the few blocks around this address, home to 475 people. It describes the area, not this property.

475Population
38.9Average age
2.4Household size
$73,000Average household income
$67,500Median household income
69%Own their home
31%Rent
0%Condominiums
10%Born outside Canada
7%University degree
$390,000Average home value
13%Low income
56%Not in the labour force
28%Never married
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9994%
$35,000 to $39,9994%
$40,000 to $44,9997%
$50,000 to $59,9999%
$60,000 to $69,9999%
$70,000 to $79,9999%
$80,000 to $89,9992%
$90,000 to $99,9994%
$100,000 and over24%
$100,000 to $124,99913%
$125,000 to $149,9997%
$150,000 to $199,9994%

Percentages are of the 230 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.

$115,980 · minimum here is $32,990
$2,567.67per month
Borrowed before insurance$463,920
Total borrowed$463,920
Interest over 25 years at 4.5%$306,382

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.

-$1,961.26per month out of pocket
Rent$967.00
Everything it costs to hold$2,928.26
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 RIGHT AT HOME REALTY. Listing data provided by the Toronto Regional Real Estate Board.