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Black River-Matheson (Matheson) Real Estate

Browse homes for sale in Black River-Matheson (Matheson) • Median $40,500

$40,500Median Price
30Avg Days on Market
5Land1Detached

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Homes for Sale in Black River-Matheson (Matheson)

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Beatty Lot 3 Con 6

$64,900

Beatty Lot 3 Con 6

Black River-Matheson (Matheson), Ontario

2414 Pearl Street

$159,900

2414 Pearl Street

Black River-Matheson (Matheson), Ontario

2bed1bath
4027 Highway 11 Highway South

$349,900

4027 Highway 11 Highway South

Black River-Matheson (Matheson), Ontario

4bed2bath
2896 101 Highway

$279,900

2896 101 Highway

Black River-Matheson (Matheson), Ontario

2bed1bath
PCL2487 N/A

$40,500

PCL2487 N/A

Black River-Matheson (Matheson), Ontario

39sqft
PCL2487 N/A

$40,500

PCL2487 N/A

Black River-Matheson (Matheson), Ontario

PCL 14565 1/2 LT 2 CON 2 BOWMAN

$39,500

PCL 14565 1/2 LT 2 CON 2 BOWMAN

Black River-Matheson (Matheson), Ontario

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About Black River-Matheson (Matheson) Real Estate

Black River-Matheson, often simply referred to as Matheson, is a charming community located in the heart of Northeastern Ontario. This city has a rich history that dates back to its founding in the early 20th century, rooted in the lumber and mining industries that attracted settlers to the area. Over the decades, Matheson has evolved, but it has retained its small-town charm, offering a unique blend of historical significance and natural beauty. The picturesque landscapes surrounding the area, characterized by lush forests and serene rivers, provide a tranquil backdrop that appeals to many residents and visitors alike.

What makes Matheson truly unique is its commitment to preserving its heritage while fostering a tight-knit community. The city exudes a welcoming vibe, where neighbors know each other by name, and community events are a staple of local life. From seasonal festivals celebrating local culture to weekly farmers' markets that showcase regional produce, Matheson thrives on community spirit. The local government actively supports initiatives that promote cultural heritage and community engagement, ensuring that the essence of Matheson is preserved for generations to come.

The appeal of Matheson extends to various buyer types, including families looking for an affordable place to settle down, retirees seeking a peaceful lifestyle, and even professionals drawn to the area's burgeoning opportunities. The low median listing price of $129,000 makes it an attractive option for first-time buyers entering the market, while the area's natural beauty and recreational opportunities appeal to those looking for a more active lifestyle. Matheson also offers proximity to larger urban centers, providing a balance between rural tranquility and urban convenience, making it an ideal location for diverse residents.

6 active listings with a median price of $129,000.

Lifestyle & Community

Living in Black River-Matheson offers a relaxed and friendly lifestyle, where residents can enjoy the beauty of nature and the warmth of a close-knit community. The local vibe is one of camaraderie and support, with numerous community events that bring people together throughout the year. Whether it's the annual Matheson Winter Carnival or summer barbecues in the park, there’s always something happening that fosters a sense of belonging. The local culture is rich with traditions and values, making it a wonderful place for families and individuals alike to establish their roots.

Local Amenities

  • Local grocery stores and shops
  • Community center with recreational facilities
  • Public library
  • Parks and walking trails
  • Health care services
  • Schools and educational institutions
  • Post office and banking services
  • Dining options including local cafes and restaurants

Points of Interest

  • Matheson Heritage Museum
  • The Black River
  • Timiskaming Game Preserve
  • Local parks such as Matheson Park
  • Nearby hiking and fishing spots
  • Historical landmarks reflecting the town's mining past
  • Community events and seasonal festivals
  • Scenic viewpoints overlooking the surrounding landscapes

Market Overview

The current real estate market in Black River-Matheson is characterized by a modest number of active listings, with only 6 properties available. The median listing price stands at an affordable $129,000, making it an attractive option for buyers looking for value. Homes are currently averaging 30 days on the market, indicating a steady demand in this charming community. As more people seek affordable housing options in serene settings, Matheson is poised to maintain its appeal in the coming months.

Investment Outlook

Investment opportunities in Black River-Matheson are promising, particularly for first-time buyers and those interested in rental properties. The affordable median listing price allows for potential appreciation as the community continues to develop. With ongoing investments in local infrastructure and amenities, the demand for housing in Matheson is likely to grow, making it a sound choice for long-term investment. The rental market remains stable, attracting individuals seeking affordable living options in a scenic environment.

Ideal For

Black River-Matheson is ideal for first-time buyers seeking affordable housing options, families looking for a safe and friendly environment, and retirees desiring a peaceful lifestyle. Investors will also find opportunities due to the affordable market and potential for rental income. The community's unique charm and strong sense of belonging make it a desirable location for anyone looking to settle in a quaint Canadian town.

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Detached Homes(1)Land(5)
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Living in Black River-Matheson (Matheson)

Lifestyle

Living in Black River-Matheson offers a relaxed and friendly lifestyle, where residents can enjoy the beauty of nature and the warmth of a close-knit community. The local vibe is one of camaraderie and support, with numerous community events that bring people together throughout the year. Whether it's the annual Matheson Winter Carnival or summer barbecues in the park, there’s always something happening that fosters a sense of belonging. The local culture is rich with traditions and values, making it a wonderful place for families and individuals alike to establish their roots.

Local Amenities

Local grocery stores and shopsCommunity center with recreational facilitiesPublic libraryParks and walking trailsHealth care servicesSchools and educational institutionsPost office and banking servicesDining options including local cafes and restaurants

Market Insights

The current real estate market in Black River-Matheson is characterized by a modest number of active listings, with only 6 properties available. The median listing price stands at an affordable $129,000, making it an attractive option for buyers looking for value. Homes are currently averaging 30 days on the market, indicating a steady demand in this charming community. As more people seek affordable housing options in serene settings, Matheson is poised to maintain its appeal in the coming months.

Investment Potential

Investment opportunities in Black River-Matheson are promising, particularly for first-time buyers and those interested in rental properties. The affordable median listing price allows for potential appreciation as the community continues to develop. With ongoing investments in local infrastructure and amenities, the demand for housing in Matheson is likely to grow, making it a sound choice for long-term investment. The rental market remains stable, attracting individuals seeking affordable living options in a scenic environment.

Written with AI assistance using live MLS data, reviewed by our team.

Price Distribution

$0 – $200K
3
$200K – $400K
2
$400K – $600K
1

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Black River-Matheson (Matheson) Market ReportPrices, trends & analysisCost of Living in Black River-Matheson (Matheson)Housing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in Black River-Matheson (Matheson)Schools & ratings nearbyTransit in Black River-Matheson (Matheson)Stops & stations nearbyParks in Black River-Matheson (Matheson)Parks & recreation nearby

Frequently Asked Questions About Black River-Matheson (Matheson)

There are currently 5 active residential listings in Black River-Matheson (Matheson). This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.

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Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

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