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City in Ontario

Houses for sale under $1M in Thames Centre

Looking for cheap houses for sale in Thames Centre? 94 homes in Thames Centre are listed for sale under $1M, which is 82% of everything for sale. Most are detached houses, and the most active neighbourhoods are Thorndale and Dorchester.

suburban quiet family-friendly

13,980 people lived in Thames Centre at the 2021 Census, in 5,200 households. 88% of households owned their home and 12% rented. The most common homes were single-detached houses (89%) and low-rise apartments (4%). 50% of homes were built before 1981, and 12% since 2011. 95% of commuters went to work by car and 0% by public transit.

Thames Centre, Ontario

Houses for Sale in Thames Centre Under $1M

Day to dayLivability

Walkability

out of 100 · averaged over 3,717 past and present listings

Average walk score reported on listings here

6.2

Schools near listings

out of 10 · averaged over 3,717 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$799,900

12% above Ontario

In Thames Centre

$799,900

In Ontario

$716,900

Median monthly rent

$3,400/mo

36% above Ontario

In Thames Centre

$3,400

In Ontario

$2,499

≈ 19.6 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

114

Median $799,900

Houses 112 · Condos 2

For rent

Median $3,400

Houses 5

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Affordable compared to provincial median
Quiet residential environment
Access to parks for outdoor activities

Keep in mind

Limited amenities like groceries and restaurants
Low walkability score
Higher prices than some nearby areas

The feel of the placeLifestyle

Life in Thames Centre is calm and suburban, ideal for those seeking peace. Daily activities may require travel for shopping and dining.

Great for families first-time buyers those seeking a peaceful environment

Within the boundaryWhat's nearby

The boundary

435.7 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 435.7 km² of Thames Centre. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.3/10

Average rating of the 3 rated schools in this area

Elementary

Secondary

St David Separate School
Catholic · Grades JK–8 · London District Catholic School Board
6.8/106.1 over 5 yrs
1,026th of 3,045 Ontario elementary schools
270 students · EQAO 2024-2025
Lord Dorchester Secondary School
Public · Grades 9–12 · Thames Valley DSB
6.2/106.5 over 5 yrs
349th of 742 Ontario secondary schools
605 students · EQAO 2024-2025
West Nissouri Public School
Public · Grades JK–8 · Thames Valley DSB
5.8/105.8 over 5 yrs
1,729th of 3,045 Ontario elementary schools
480 students · EQAO 2024-2025
Northdale Central Public School
Public · Grades 4–8 · Thames Valley DSB
Not rated
410 students · EQAO 2024-2025
River Heights School
Public · Grades JK–3 · Thames Valley DSB
Not rated
385 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Thames Centre, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

13,980

Population (2021)

434.0 km²

Area

People per km²

45.2

Median age

$113,020

Median income

88%

Own their home

2.7

People per household

5,200

Households

Every age

Children (under 15)17.3%
Working age (15–64)63.5%
Seniors (65+)19.2%

What is built here

Detached houses88.8%
Semi-detached2.4%
Townhouses2.1%
Low-rise apartments3.7%

Own or rent

88%Owners

12%Renters

Across 5,200 households

When it was built

Mostly 1960 or earlier

1960 or earlier27%
1961–198024%
1981–199013%
1991–200013%
2001–20055%
2006–20104%
2011–20154%
2016–20218%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

8.4%
Born outside Canada: 19%
Hold a degree or higher: 62.1%
Employment rate: 0%
Commute by transit: 94.9%
Commute by car: 1.8
Children per family: $97,625
Median income after tax: $127,576
Average household income: 5.5%
Living on a low income: $1,440/mo
Renters pay, per month: $1,207/mo
Owners pay, per month: $667,984
Median home value at census: 14.6%
Renters spending 30%+ of income on housing: 6.4%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 25 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

Questions, answered

Common questions about houses for sale under $1M in Thames Centre

How many homes in Thames Centre sell for under $1M?

94 homes in Thames Centre are listed for sale under $1M today, 82% of the 114 homes for sale. Their median asking price is $775,044.

All homes for sale in Thames Centre

What kind of home can I buy in Thames Centre for under $1M?

Under $1M, Thames Centre has detached houses (64), vacant lots (15) and freehold townhouses (8) for sale. Most range from studios to 5 bedrooms.

Houses for sale in Thames Centre

Keep looking

More Homes for Sale in Thames Centre

114 homes are for sale in Thames Centre. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.

At a glance