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For sale
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$549,900

Estimated value $522K to $577K

Est. $2,576/mo mortgage

2bd·2ba·700-1,100sqft

4073 Catherine Street · Dorchester, N0L 1G0

MLS® X13814460

35 days on market35 days on market

Listed Sep 22, 2026

Listing courtesy of Century 21 First Canadian Corp·Listing last changed Oct 1

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
66 × 165 ft · < 0.50 acres
Age
100+ years
Parking
4 spaces
Property tax
$2,166/yr (2025)

Description

Move-in-ready bungalow in Dorchester, offering two main-floor bedrooms plus a dedicated office/flex space in the finished lower level, along with a large fenced backyard and plenty of usable living space. The main floor features a fully renovated bathroom, updated kitchen with stainless steel appliances, fully renovated laundry room and a spacious rear living room with a fireplace overlooking the large backyard. The home has been painted inside and out, with updated flooring, trim and finishes throughout. The finished lower level adds a rec room, dedicated office/flex room and updated 2-piece bathroom, providing useful additional space for working from home, hobbies, guests or a second living area. Other important updates include updated electrical, updated windows, a recently replaced roof, and a septic system replaced within the last five years. Outside, the property offers a large fenced backyard, paved driveway, updated carport, newer fencing, concrete work and additional exterior improvements. The size of the property may also provide future potential for an additional dwelling unit, subject to municipal approvals. A move-in-ready Dorchester home with the major work already completed and flexible space inside and out. Vacant possession available November 1, 2026.

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Property details

Interior

Size
700-1,100 sqft
Rooms
7 rooms
Bathrooms
1 × 5-piece on Main, 1 × 2-piece on Basement
Basement
Full, Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
100+ years
Lot size
66 × 165 ft · < 0.50 acres
Exterior
Aluminum Siding
Foundation
Block
Roof
Fibreglass Shingle
Water & sewer
Septic

Parking

Garage
1 car Carport
Driveway
Private (3 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$2,166/yr (2025)

Rooms

Main

Kitchen
3.65 × 2.35 m
Family Room
5.36 × 3.45 m
Primary Bedroom
3.75 × 3.65 m
Laundry
2.26 × 1.52 m
Dining Room
3.75 × 3.63 m
Bedroom 2
3.35 × 2.64 m
Foyer
3.63 × 1.89 m

Basement

Recreation
4.26 × 3.25 m
Utility Room
6.7 × 2.03 m
Office
3.75 × 3.65 m

Estimated value range

$522K to $577K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions

Dorchester

Thames Centre, ON

Monthly paymentest. $3,122/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,576
Property tax$181
Insurance (est.)$115
Utilities (est.)$250
Total monthly$3,122
Land transfer tax$7,473 on closing

Ontario LTT

$7,473

First-time rebate

−$4,000

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

Price & listing history

Listed 2 times · asking price up 10% from the first ask

$549,900↑ 10%

Listed Sep 22, 2026

On the market
$499,000

Listed Feb 19, 2025 · 50 days on market

Sold

Apr 10, 2025

50 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

98 Queen Street, DorchesterSold

98 Queen Street, Dorchester

3 bd·1 ba·700-1,100 sqft
24 Linwood Drive, DorchesterSold

24 Linwood Drive, Dorchester

3 bd·4 ba·1,500-2,000 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.9 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.2% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$683,167

Sale-to-list ratio

95.2%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $129,000 household income

Minimum household income required

$129,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

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(226) 212-5099 · colin@searchlondonhomes.com

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Colin Abbot, Broker, Westwood Realty Team

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

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Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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