The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
This historic landmark property has been a long-standing, family-operated full-service gas station and car wash, prominently located on one of Dorchester's busiest main streets at the west entrance to the Village. The gas bar features multiple pumps and offers lottery tickets and select convenience sundries, serving both local residents and commuter traffic. Its high-visibility location ensures consistent exposure and steady customer flow. Positioned in the largest village within the rapidly growing and highly desirable Municipality of Thames Centre, the property benefits from strong local demographics and continued residential expansion. It is conveniently situated less than 10 minutes from London city limits and provides quick access to Highway 401, making it an ideal service stop for both local and regional traffic. The upper level includes three residential rental units overlooking the scenic Thames River, offering attractive supplementary income. An additional commercial rental unit on the main level further enhances and diversifies revenue streams. With multiple income sources-including fuel sales, car wash operations, convenience retail, and four rental units-this property presents a rare opportunity for investors or owner-operators seeking a well-established, mixed-use asset in a prime growth corridor.
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$6,361/mo
Mortgage (principal + interest)$5,985
Property taxFrom listing: $4,513/yr$376
Minimum 20% ($319,980 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$319,980
Ontario land transfer taxProvincial brackets, no first-time refund$28,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$351,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Thames Centre has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
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