Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Dorchester. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
One floor home, set on a 100 X 150 corner lot in a sought after and quiet neighborhood, set along the banks of the Thames River. This is a corner lot and the street is lined with mature trees. Nice deep driveway and access to the yard from both streets. A large portion of the lot is fenced to keep the kids and pets safe and there is a detached 2 car garage with heat and hydro. Imagine yourself sitting on the front porch, watching the world go by. Step inside to the family room that overflows into the dining area, next to the kitchen. Down the hall is the main bathroom (4 piece) and three bedrooms. The lower level is fully finished and offers a separate entrance. There you will find a spacious recroom, with a gas fireplace, a second bathroom, a den/office/additional bedroom plus laundry and utility room, with storage space. This home has been well maintained with updates that include., 100 amp breakers, furnace and ac (2016), vinyl windows, owned HWT. The garage is approximately 20 years old and has a gas furnace, is insulted and offers electricity. Just a short walk to schools, the Thames River, park and arena complex.
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Library, Park, Rec./Commun.Centre, School, School Bus Route, Golf
Sump Pump, Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 232 Terrence Avenue, Thames Centre, ON N0L 1G3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Thames Centre.
About Purchasing a Home in Thames Centre, ON
For a property listed at $649,900 in Thames Centre, the legal minimum down payment is $39,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,473 for this transaction. As this listing is in Thames Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.