Homula Realty Brokerage
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32 Postma Street 18, North Middlesex, ON N0M 1A0

2 beds · 2 baths · 1 kitchen · 5 rooms · 4 parking spaces · 1100-1500 sq ft · Att/Row/Townhouse
$548,900

PRICE REFLECTS HST REBATE - To Be Built // Welcome to the Ausable Bluffs of Ailsa Craig, where quality craftsmanship meets modern design in this beautifully built single-floor freehold townhouse by Morrison Homes. Offering exceptional modern charm and desirable amenities, this home features an open-concept main floor with 2 spacious bedrooms and 2 full bathrooms. The kitchen is thoughtfully designed with sleek quartz countertops, stylish wood cabinetry, and contemporary finishes, while luxury vinyl flooring flows throughout the home, providing both durability and timeless appeal for families of all sizes. The unfinished basement provides a generous footprint with a rough-in bathroom, offering excellent potential to customize and expand your living space to suit your needs. Blending practicality with sophistication, this Morrison Homes built residence presents an outstanding opportunity to enjoy modern, low-maintenance living in the heart of Ailsa Craig. The common element fee includes full lawn care, full snow removal, common area expenses, and management fees.**Property tax and assessment not yet set. *Note: Interior photos and video are from similar model; some upgrades or finishes may not be included.*

MLS number
X13601694
Type
Att/Row/Townhouse
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
N0M 1A0
Photos
20
49days · this listing
49days · 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
East Williams Memorial Public School
Thames Valley DSB
Elementary2.1 km5.7 / 10
57% 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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 444 people.

$105,000Median household income
85.7%Own their home
100%Detached houses
48Median age
3.8%Born outside Canada
6.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35390806 — the few blocks around this address, home to 444 people. It describes the area, not this property.

444Population
44Average age
2.8Household size
$119,000Average household income
$105,000Median household income
86%Own their home
14%Rent
0%Condominiums
4%Born outside Canada
6%University degree
$550,000Average home value
5%Low income
56%Not in the labour force
20%Never married
$30,000 to $34,9992%
$35,000 to $39,9992%
$45,000 to $49,9992%
$50,000 to $59,9992%
$60,000 to $69,9994%
$70,000 to $79,9992%
$80,000 to $89,9999%
$90,000 to $99,9994%
$100,000 and over36%
$100,000 to $124,99911%
$125,000 to $149,99911%
$150,000 to $199,9999%
$200,000 and over6%

Percentages are of the 235 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.

$109,780 · minimum here is $29,890
$2,430.41per month
Borrowed before insurance$439,120
Total borrowed$439,120
Interest over 25 years at 4.5%$290,003

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.

-$1,515.41per month out of pocket
Rent$915.00
Everything it costs to hold$2,430.41
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 CENTURY 21 FIRST CANADIAN CORP.. Listing data provided by the Toronto Regional Real Estate Board.