287 River ST

Thessalon, Ontario

Vacant Land

$49,900

Multi use VACANT LOT on the scenic Thessalon river with almost 100' of frontage is ready for your business idea! This affordable property can accommodate many uses including commercial on the bottom with residential up top. Property is nicely nestled between the river, residential, and the main street commercial strip. Hot tourism area in the summer months with a great marina and beaches. Winter months offer proximity to many inland lakes, snowmobiling and hiking trails. On city services, water and gas. Property sits adjacent to 287 River St.

Price History

Schools

Elementary

Thessalon Public School0.4 km
Public · Algoma DSB · 155 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 33% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area P0R

Population: 12,976
Private dwellings: 8,224
Median age: 54.8
Average household size: 2.2
Median household income: $68,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Vacant Land in Thessalon · last 12 months

Median sold price: $0
Homes sold: 0
Median days on market: 0
Sale-to-list price: 0.0%

Based on 0 recorded sales of vacant land properties in Thessalon over the last 12 months.

Walk Score

Walk

Bike

Scores by Walk Score®

Location

Mortgage Calculator

Down Payment (20%)

$9,980

Interest Rate (5.5%)

Amortization

Estimated Monthly Payment

$245

Investment Analysis

Monthly Rent

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $245/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $12/mo

Estimates only. Consult a financial advisor.

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