There is a small community only 30 minutes from London and a short 21 kms to the shores of Lake Huron that has great properties for sale at a even greater price! We think Parkhill is a great town to consider if you are searching for a new place to call home. Parkhill has restaurants, shops, grocery store, banks, churches and more all within walking distances to most residences. Parkhill also has a Fall Fair and a Santa Claus Parade and many other community events that enrich the lives of many residents in North Middlesex.
We currently have 3 fantastic residential resale properties that are for sale in Parkhill. In this post, I am going to compare these properties with “like” properties in London. The value of considering Parkhill as an option in your home search will be obvious!
Property #1 174 Mill Street – Listed at $139,900
This property needs some cosmetic updating but offers a 82X132 lot, a finished lower level, a detached workshop and a in-ground pool!
There are 2 London properties that are currently on the market that are 1 1/2 storey homes with in-ground pools. They are $199,900 and $239,900. Both have the cosmetic updated that buyers enjoy seeing but do not offer the large lot that our listing at 174 Mill Street offers. At a great price point, a little vision and some handy work can go along way with this little home in Parkhill.
Property #2 – 238 Ellen Street – Listed at $219,900
This back-split is bigger than it looks. House sits on a 52.58X165 lot and has 4 bedrooms and a detached double garage.
Currently there are 10 4-bedroom 4lv back-splits with double garages on the market in London. They range in price from $314,900 to $369,900. Even at the high end of $369,900 the lot size is only 41X114 and you will pay taxes of nearly $4000 per year, which is approximately $1000 more than the taxes at 238 Ellen St in Parkhill.
Property #3 – 115 Mill Street – Listed at $290,000
This 1 year old ranch is completely finished and sits on a 66X175.56 lot. There are 2 bedrooms on the main and 2 bedrooms in the lower level.
London has many new home builders that are offering 1200-1400 square foot bungalows for $350,000 and up. These properties tend to sit on lots that are 40X100 and do not have finished basements.
If you are interested in seeing what Parkhill has to offer. Contact Mike & Sarah to arrange a private showing of one of these properties or anything else you would like to view. We would love to introduce you to all the wonderful things about this quaint community.
