39 Dale Drive, Thames Centre

$529,900
39 Dale Drive

$529,900

New
16d
DetachedBungalow

39 Dale Drive, Thames Centre

Total Monthly Obligation $2,723

Beds
2
Baths
1
Park
5
Sqft
700-1100
DOM
16d
Score
22
Yield
5.6%
Cash on Cash
0.4%
Cap Rate
4.7%
5Y IRR
15.9%
10Y IRR
14.8%
Property Type-Detached
MLS® Number-X13873740
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-60.15 × 177.44 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,528 (2025)
Parking-5 - None
Basement-Full, Unfinished
Heating-Baseboard (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-30 days
Neighbourhood-Dorchester
Title-Residential Freehold

No agent assigned

Welcome to small-town living at its best-with direct access to the Thames River right from your own beautiful lot! Tucked away on a quiet dead-end street in Dorchester, this charming two-bedroom bungalow is perfect for first-time buyers, downsizers, or couples seeking a peaceful place to call home. Inside, you'll find convenient main-floor living, a spacious sun-filled living room, and an open-concept kitchen featuring granite countertops, stainless steel appliances, and an inviting dining area. The second bedroom also offers great flexibility as a home office. But the true highlight is the backyard. Step outside to a large deck, relaxing hot tub, breathtaking water views, and direct river access-perfect for launching a canoe, fishing, or simply sitting back and watching the Thames flow by. With deer, foxes, and other wildlife passing through, this is a rare opportunity to enjoy nature from your own backyard. A four-season bunkie provides additional space for a private office, creative studio, or cozy guest retreat. The fully waterproofed basement is a blank canvas ready for your future plans. Close to great schools and nearby amenities, with easy access to Highway 401, this special property offers comfort, convenience, and an incredible riverside lifestyle.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$2,723/mo
Mortgage $2,137
Monthly Loss $2,161
Principal$562
Interest$1,575
Property Tax$211
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.3%2
5-Year IRR
11.5%46
10-Year IRR
11.7%
Returns Index
24.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,616/yr
NOI
$19,626/yr
Net Cash Flow
-$502/mo
Cash Margin
-20.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
30.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 39 Dale Drive

Time

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