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For Sale · Thessalon

$99,000

196 Federation ST S, Thessalon

Tour this home

Bedrooms

Bathrooms

863

Size

1952

Year built

About This Home

The details.

AFFORDABLE HOME OWNERSHIP OPPORTUNITY! Welcome to 196 Federation Street in Thessalon, offered at just $99,000. This property is being sold in as-is condition and will require repairs and updates, but offers great potential for buyers looking to build equity or secure low-cost living compared to renting. The home is connected to municipal water and sewer services and features natural gas heating. With some work and...

Summarizing the highlights...

MLS® SM261541Listing courtesy of Royal LePage® Northern AdvantageView on map Street view

Property Details

Facts & features.

Property type: Single Family
Year built: 1952
Size: 863 sqft
Lot size: 0.23 acres
Storeys: 1
Listed on: 2026-06-22
Days on market: 24
MLS number: SM261541
Data source: Sault Ste. Marie Real Estate Board

Market intelligence

Statistics and history.

Days on market

Thessalon median asking

$500K

15 active listings

Price per sqft

$115

Based on 863 sqft interior

Where this price sits in Thessalon

$70KThis listing$1.2M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$463

$79,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$463

Cash flow

-$463

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Thessalon right now

Active listings

New this week

$499,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Thessalon.

Household and demographic stats for Thessalon, from the Statistics Canada 2021 Census.

1,260
Population (2021): 58.8
Median age: 555
Households: 2.1
Avg household size: 71.4%
Home ownership: $58,400
Median household income

Thessalon market trends

The immediate block around this home (1.9 km radius): about 625 residents in 472 homes, 4 people/km² (low-density).

Source: Statistics Canada 2021 Census, Thessalon, Town, Ontario; block-level figures from dissemination area 35570325.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.