5561 Marion Street, Thames Centre, ON

$1,275,000
MLS#:X9512334
4 beds
3 baths
2000-2500 sqft
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey rural residential located in the coveted neighborhood of Rural Thames Centre. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,275,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a spacious lot (Feet)
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, Water Heater Owned, Water Purifier
  • equipped with central air central cooling and highly efficient forced air heating via ground source

Description

Welcome to this rare acreage property in Dorchester that is completely private with a panoramic view of Carolinian woodlands and a gorgeous wildflower prairie. Enjoy your own sanctuary while walking on your private trail towards the beautiful pond and flowing creek. Featuring a 4-bed home with attached double garage, and a large 2-storey barn/workshop equipped with electrical, water and a bunky. The spacious home was built solid and lovingly maintained by the same family. Featuring a nearly 600 sq ft great room with stunning wood burning fireplace and several picture windows, this space welcomes an abundance of natural light and breathtaking surroundings. Continue to enjoy similar views in the updated kitchen and dining areas, also equipped with slate floors and a pellet stove for added comfort. There is extra space in the kitchen to add a walk-in pantry or separate office area. Upstairs you'll find a renovated main bath and 4 bedrooms, all with updated hardwood floors and new windows on the south side. There is also development potential in the basement with a separate walk-out, currently set up as a workshop but easily converted into granny or secondary suite. Ideal for remote work and only minutes away from the 401 and London. Updates include: Geothermal Furnace (2023), windows kitchen, upper bedrooms (2016-2023), upgraded pellet stove (2023), new well head and pump (2018).

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Property Summary

This rural residential located at 5561 Marion Street, Thames Centre is currently for sale and has been available on SousaSells for 634 days. This property is listed at $1,275,000 with an estimated mortgage of $4,244* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 5561 Marion Street, Thames Centre is in the Rural Thames Centre neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 6, 2025
Sold price information is available to members only
Listed Date10/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeRural Residential
Architectural Style2-Storey
ConstructionBrick, Stone
BasementFull, Unfinished
CountyMiddlesex
Annual Tax$3,550.36
Legal DescriptionPART LOT 12, CONCESSION 4, NRT AS IN 267418 NORTH DORCHESTER TWP

Parking & Garage

Parking Spaces10.0
Garage Spaces8
Garage TypeAttached

Heating & Cooling

Heat SourceGround Source
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Lake/Pond, Part Cleared, Place Of Worship, River/Stream, Wooded/Treed

Interior Features

Central Vacuum, Water Heater Owned, Water Purifier

Security Features

Community Features

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Location

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5561 Marion Street, Thames Centre, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5561 Marion Street, Thames Centre, ON N0L 1G4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Thames Centre.

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Interest Rate4.00%
Down Payment$382,500 (30.0%)
* Minimum Canadian down payment required for this price is $255,000.
Amortization Period30 Years
Estimated Monthly Payment$4,244Based on a loan of $892,500 over 30 years.
Purchase Price$1,275,000
Loan Amount$892,500
Provincial Land Transfer Tax:$21,975
Total Estimated Closing Taxes:$21,975

About Purchasing a Home in Thames Centre, ON

For a property listed at $1,275,000 in Thames Centre, the legal minimum down payment is $255,000 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 $21,975 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 $21,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Thames Centre, Thames Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,290,372

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.