For Sale · Office

1 STARLIGHT LANE, Thames Centre

1 STARLIGHT LANE, Thames Centre, ON N0L1G5

$1.9M total

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

92%

Lot Size

4379 ac

About this property

Versatile Commercial/Residential Opportunity - Live, Work & Thrive. Located on a quiet cul-de-sac on the south side of Dorchester, this unique end-lot property sits in a commercial/residential subdivision designed for flexible business use. The area supports a wide range of businesses including automotive, trucking, trades, and specialty services-making this an ideal setup where multiple business types are permitted and already established nearby. The property features over 5,000 sq ft of living space and a 3,300 sq ft climate-controlled shop with office, 2-piecebath, mezzanine storage, epoxy floors, LED lighting, and separate HVAC-perfect for automotive, storage, or contractor use. A secure gated compound offers ample space for equipment, vehicles, and operations. The 6-bedroom, 3.5-bath home offers open-concept living with a renovated kitchen, granite countertops, stainless steel appliances, and a large pantry. The finished lower level includes a spacious rec area, additional bedrooms, and laundry-ideal for extended family or workspace. Enjoy added lifestyle features including a large deck, pool, hot tub, gazebo, and tree-lined yard. Additional highlights include an oversized 2-car garage, eco-flow septic system, owned water heater (2025), and updated finishes throughout. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.90M
Down payment30% · $570K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$115K

Annual cash flow

$9K

Cash-on-cash

1.67%

DSCR

1.09

Going-in cap

6.04%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

110,923

Households

52,067

Median income

$68,500

Median age

38.5

Daytime population

156,370

5-yr growth

2.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1 STARLIGHT LANE, Thames Centre.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.