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4174 Catherine Street

Thames Centre, N0L 1G0·MLS® X13283746·

Listing courtesy of Blue Forest Realty INC.·Updated 6 hours ago

0Beds
3Baths
1,500-2,000Sqft
51-99Year Built

Listing price

$680,000

Est. $3,239/mo

Days on market

5

Listed Jun 5, 2026

Description

Exceptional opportunity in the heart of Dorchester's main street district. This well-maintained two-storey property offers endless possibilities for homeowners, investors, and entrepreneurs alike. Currently operating as a professional office, the property features a spacious and versatile layout with multiple rooms, two bathrooms, generous storage spaces, and ample on-site parking.With its history as a duplex and favourable location, the property may offer potential for residential conversion or future redevelopment, subject to municipal approvals. An ideal opportunity for those seeking a live-work arrangement, with the possibility of residential living on one level and a business operation on the other. The flexible floor plan lends itself to a variety of residential, mixed-use, or professional applications. Ideal for professional offices, retail, restaurant, catering, day nursery or multi-unit investment. Situated on a prominent high-traffic lot close to schools, parks, shopping, and other amenities, this unique property combines convenience, visibility, and outstanding potential in one of Dorchester's most desirable locations.Note: Buyers are advised to conduct their own due diligence regarding zoning, permitted uses, and any future residential conversion or redevelopment opportunities.

Property details

Basement

Unfinished

Parking

5 spaces

Type

Duplex — 2-Storey

Heating

Baseboard

AI property estimate

$646,000Below Market
$605,200$686,800

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Dorchester

Thames Centre, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,239
Property tax$737
Insurance (est.)$142
Utilities (est.)$250
Total monthly$4,367

Land transfer tax

Ontario LTT

$10,075

First-time rebate

$4,000

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

Price & listing history

Jun 5, 2026Listed
$680,000

Market conditions · Dorchester

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

$2,720

Rental yield

4.8%

Est. cash flow

-$1,647

Cap rate

3.2%

Best time to sell

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

Affordability

Minimum household income required

$163,775

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

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AI estimate

$646,000

Below Market

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