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202 Water Street

202 Water Street

Thessalon, ON

  • 4 bed
  • 2 bath
  • approx. 1500-2000 sqft
  • Detached
  • 91 days on market
$494,000

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.

Listing Details

Taxes (2025)
$2,259
Listed
June 3, 2026

Price History

Property

Style
2-Storey
Construction
Aluminum Siding
Roof
Asphalt Shingle
Foundation
Concrete
Interior
Auto Garage Door Remote, Sump Pump, Water Heater Owned, Other
Lot Size
69.65 x 163.65 Feet

Parking

Garage
Detached
Covered Spaces
1.5
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Government Road / Hwy 17
Parcel Number
314461347
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Dishwasher, Dryer, Garage Door Opener, Microwave, Refrigerator, Stove, Washer, Window Coverings

Waterfront

Water Body
Thessalon River
Shoreline
Other
Docking
None

Schools

Elementary

  • Thessalon Public School0.2 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

Residential Freehold 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 residential freehold properties in Thessalon over the last 12 months.

Rooms

2-piece on Main, 4-piece on Second

Second

  • Bathroom12' x 7'
  • Bedroom12'4" x 10'4"
  • Bedroom12' x 8'4"
  • Bedroom13' x 13'
  • Sitting6'5" x 5'5"

Main

  • Bathroom6' x 4'
  • Bedroom14' x 10'
  • Dining Room15' x 12'
  • Family Room18' x 14'
  • Kitchen12' x 10'4"
  • Mud Room16' x 10'
  • Office12'6" x 13'

Lower

  • Laundry14' x 10'

Listed by

FAIR AGENT REALTY

Walk Score

40

Walk

41

Bike

Scores by Walk Score®

Mortgage Calculator

$98,800

Estimated Monthly Payment

$2,427

Land transfer tax

Estimated land transfer tax$6,355

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

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

Mortgage: $2,427/mo (20% down, 5.5%)

Taxes: $188/mo · Insurance: $124/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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