DetachedOn market 48 days

4538 Dorchester Rd, Thames Centre

Name: 4538 Dorchester Road
SKU: X13769696
Price: 1599999 CAD
Availability: InStock

Thames Centre, ON · · MLS® X13769696Updated September 11, 2026

$1,599,999Est. $7,860/mo mortgage

Bedrooms: 3
Bathrooms: 1
Living space: 1100–1500sq ft
Parking spaces: 8

Type Detached
Lot ×
Garage Yes
Basement Unfinished, Partial Basement

What you should know

4538 Dorchester Rd is a 3-bedroom, 1-bathroom detached home in Thames Centre, listed for $1,599,999. It has 1100-1500 sq ft of living space.

A unique opportunity to live and work in the countryside!
A-22 zoning allows for a wide range of permitted uses, including potential truck repair, auto repair, truck parking and more, subject to applicable approvals.
The home features a new roof (2022), spacious kitchen, traditional dining and living areas, patio doors leading to the side deck, and a beautiful wooden staircase leading to two upper-level bedrooms.

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3 Bed, 1 Bath Detached Home in Thames Centre

About 4538 Dorchester Road

A unique opportunity to live and work in the countryside! Situated on approximately 4.5 acres just 2 km south of Highway 401, this versatile property features a charming 1.5-storey home along with an approximately 2,500 sq. ft. shop. A-22 zoning allows for a wide range of permitted uses, including potential truck repair, auto repair, truck parking and more, subject to applicable approvals. The shop features separate gas and hydro meters, two overhead doors approximately 12 ft and 10 ft in height, and a new heating unit. The home features a new roof (2022), spacious kitchen, traditional dining and living areas, patio doors leading to the side deck, and a beautiful wooden staircase leading to two upper-level bedrooms. The home offers great potential and requires some cosmetic updating, providing an opportunity to personalize and add your own finishing touches. Conveniently located approximately 5 minutes from Highway 401 and nearby Petro-Pass, this property presents an excellent opportunity for business owners, truckers, contractors, investors, or anyone looking to combine country living with valuable workspace

3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $1,455 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 4538 Dorchester Rd

Every detail from the listing, in one place.

Type: Detached
Style: 1 1/2 Storey
Living space: 1100-1500 sq ftas stated on the listing
Lot size: x 4.5 sq ft
Parking: 8 spacesYes garage
Basement: Unfinished, Partial Basement

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 8

Interior

Basement: Unfinished · Partial Basement

Lot & land

Lot dimensions: x
Lot size (sqft): 4.5
Lot features: Irregular Lot

Listing & possession

Property style: 1 1/2 Storey
Property class: Detached

4538 Dorchester Rd Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 10, 2026For saleListedThis listingMLS® X13769696$1,599,999

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 4538 Dorchester Rd Compares to the Thames Centre Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 119 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Thames Centre market, last 90 days

Median sold price: $755,000
Average sold price: $777,238
Average days on market: 65
Homes sold: 65

Closed sales on the TRREB MLS®.

Full Thames Centre market report

Recently sold nearby in Thames Centre

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home4538 Dorchester Road 3 bd · 1 ba · 1,100 sqft	$1,599,999asking	$1,455	—	—
57 Valleyview Crescent 3 bd · 2 ba · 1,500 sqft
100 ASPEN Circle 4 bd · 2 ba · 2,000 sqft
116 Woodvale Drive 2 bd · 2 ba · 1,100 sqft
162 Oakwood Drive 3 bd · 1 ba · 700 sqft
89 Parkview Drive 4 bd · 3 ba · 2,000 sqft
188 Foxborough Place 4 bd · 3 ba · 3,000 sqft

57 Valleyview Crescent
3 bd · 2 ba · 1,500 sqft
100 ASPEN Circle
4 bd · 2 ba · 2,000 sqft
116 Woodvale Drive
2 bd · 2 ba · 1,100 sqft
162 Oakwood Drive
3 bd · 1 ba · 700 sqft
89 Parkview Drive
4 bd · 3 ba · 2,000 sqft
188 Foxborough Place
4 bd · 3 ba · 3,000 sqft

Living in Thames Centre: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From 4538 Dorchester Rd. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 4538 Dorchester Rd

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,860; 20% down · 25 years · 5.5% assumed
Property tax: $880; 0.66% mill rate · ON
Total per month: $8,740; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,860

/mo

based on the purchase price of $1,599,999

Down payment20%

$320,000 cash

Amortization25 yr

$1,279,999 financed

Rate5.50%

$1,078,095 total interest

Principal54%$1,279,999

Interest46%$1,078,095

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Listing brokerage: KING REALTY INC., BrokerageMLS® X13769696 · Listing data last updated September 11, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Sep 9· $1,455/sq ft

Estimated monthly mortgage$7,860/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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