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Investment signal

$680,000

4174 CATHERINE STREET

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Beds

—

Baths

Sqft

1,917

Year

—

Type

Office

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Thames Centre (Dorchester). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Exceptional commercial opportunity in the heart of Dorchester's main street! This well-maintained, free standing two storey property offers outstanding visibility, ample on-site parking and incredible flexibility for a wide range of uses. Currently configured as a professional accounting office, the interior features seven offices, a spacious boardroom, welcoming reception area, and large storage area. The layout is complimented by a kitchen and separate lunch room on the upper level and bathrooms on both the main and second floors, providing convenience for staff and clients. With two separate meters and a history as a duplex. the property presents excellent potential for conversion or redevelopment. Ideal for professional offices, retail, restaurant, catering, day nursery or multi-unit investment. The possibilities are endless. Close to all amenities. A rare chance to own a versatile property in a prime, high-traffic location with strong exposure and ample customer parking. (id:65958)

Subtype: Office
Structure: Offices
Community: Dorchester
Living area: 1,917 square feet
Lot size: 0.45 acres
Lot dimensions: 0.449
Parking: 5 total
On market: Apr 27, 2026
Status changed: Apr 27, 2026
Annual tax: $3,083 (2025)
Zoning: GC-1
Photos: 41
MLS#: X13048618
Area: THAMES_CENTRE_(DORCHESTER)

Features and systems

Appliances

Water Heater

Heating

Baseboard heatersForced airNatural gas

Cooling

Fully air conditioned

Negative cash flow ~$768/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.78%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,208

Financing

Down payment$136,000

Loan amount$544,000

Mortgage$2,756/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$312

Insurance$80

Maintenance$567

CapEx reserve$283

Vacancy loss$170

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,756/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.