Homula Realty Brokerage
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148 Shirley Street, Thames Centre, ON N0M 2P0

2 beds · 2 baths · 1 kitchen · 4 rooms · 3 parking spaces · 1100-1500 sq ft · Semi-Detached
$547,000

Brand new bungalow living in Thorndale, without giving up the space you actually need. This practical semi-detached bungalow offers approximately 1,425 sq. ft. per unit, with a layout that works equally well for downsizers, couples and buyers looking for the convenience of main-floor living. The main level features a spacious primary bedroom with walk-in closet and ensuite, a second bedroom, additional full bathroom, den, open-concept great room, dinette and kitchen with island, plus a pantry and convenient main-floor laundry. An attached single-car garage and covered front entry complete the main level. Patio doors extend the living space outdoors, while the lower level offers plenty of additional potential with space designed for future bedrooms, recreation area, bathroom, bar, den/storage and utility space. Located in growing Thorndale, this is an opportunity to purchase a newly built bungalow with a functional, comfortable layout and the ability to finish the lower level to suit your needs. Modern construction, manageable living and room to grow, all in a community that keeps you close to London without putting you in the middle of it. To be built. Plans and specifications may be subject to change.

MLS number
X13694810
Type
Semi-Detached
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
N0M 2P0
Photos
27
22days · this listing
22days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
West Nissouri Public School
Thames Valley DSB
Elementary1.9 km7.1 / 10
71% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 508 people.

$109,000Median household income
89.5%Own their home
97.4%Detached houses
42.8Median age
4%Born outside Canada
20.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35390882 — the few blocks around this address, home to 508 people. It describes the area, not this property.

508Population
42.4Average age
2.6Household size
$118,000Average household income
$109,000Median household income
90%Own their home
11%Rent
0%Condominiums
4%Born outside Canada
20%University degree
$592,000Average home value
4%Low income
34%Not in the labour force
17%Never married
$25,000 to $29,9992%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9993%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over38%
$100,000 to $124,99913%
$125,000 to $149,9998%
$150,000 to $199,99910%
$200,000 and over7%

Percentages are of the 300 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$109,400 · minimum here is $29,700
$2,422.00per month
Borrowed before insurance$437,600
Total borrowed$437,600
Interest over 25 years at 4.5%$288,999

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$1,510.00per month out of pocket
Rent$912.00
Everything it costs to hold$2,422.00
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by CENTURY 21 FIRST CANADIAN CORP. Listing data provided by the Toronto Regional Real Estate Board.