4174 Catherine Street
Thames Centre, N0L 1G0·MLS® X13283746·
Listing courtesy of Blue Forest Realty INC.·Updated 6 hours ago
Listing price
$680,000
Est. $3,239/mo
Days on market
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
82% confidence · 4 comparable sales analysed
Monthly payment estimate
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
Market conditions · Dorchester
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
Affordability
Minimum household income required
$163,775
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$646,000
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