202 Water Street, Thessalon, ON

$494,000
MLS#:X13236182
4 beds
2 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Thessalon. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $494,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 69.65 x 163.65 ft lot
  • Features a ["full", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Sump Pump, Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient other heating via gas

This spacious character home blends timeless charm with thoughtful updates and beautiful views of the Thessalon River. The home features an updated kitchen with stainless steel countertops overlooking the backyard and open sightlines to the dining and living areas, creating a welcoming space for everyday living and entertaining. The bright living room is anchored by a large bay window that captures scenic river views, while the adjoining dining room and flexible office/playroom area provide plenty of room for family gatherings and day-to-day activities. A main floor bedroom located off the sun porch offers convenient one-level living options, complemented by a nearby powder room. Upstairs, you'll find three additional bedrooms, including riverside rooms showcasing original hardwood flooring, a full bath, and a cozy craft room or reading nook with river views. Enjoy morning coffee in the enclosed sun porch and screened front and side porch, or relax on the newer decks while taking in the peaceful surroundings. Recent updates include the full asphalt shingle roof replacement in 2018. Outside, the heated and wired 24' x 32' detached garage is ideal for vehicles, hobbies, or workshop space, with additional storage provided by a shed and gazebo. Situated on a generous lot close to downtown amenities, schools, shopping, and healthcare, this property offers the best of small-town living. Take a short walk to the marina, waterfront parks, and the sandy shores of Lake Huron, where beaches, boating, and stunning sunsets are part of everyday life. With its blend of character, space, updates, and river views, this is a home that has been enjoyed for generations and is ready to welcome its next chapter.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding
Lot Size69.65 × 163.65 Feet
CountyAlgoma
Annual Tax$2,259.34
Legal DescriptionPT LT 13 BLK I THESSALON INDIAN RESERVE THESSALON AS IN T408748 TOWN OF THESSALON

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeOther
Cooling["None"]

Features

Property Features

Beach, Lake Access, River/Stream, Park, Lake/Pond, Waterfront

Community Features

Location

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202 Water Street, Thessalon, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Thessalon.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$494,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Thessalon
Public90 Stanley Street, Thessalon, Ontario, P0R 1L0
3.9

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 202 Water Street, Thessalon, ON P0R 1L0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$395,200
Monthly Mortgage$2,296
Property Tax (Est.)$188
Utilities & Maint.$350
Total Monthly Cost$2,834

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Thessalon.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.