2414 Pearl Street, Black River-Matheson, ON

$149,000
MLS#:T12278438
2 beds
1 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Matheson. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $149,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 40 x 100 ft lot
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free, Central Vacuum, Generator - Full
  • equipped with window unit(s) central cooling and highly efficient radiant heating via electric

Description

Find peace and quiet in this cozy two-bedroom, one-bath home just outside Holtyre! Ideally located only 2 minutes from Ramore, 10 minutes to Matheson, and 45 minutes to Timmins, this property offers the perfect blend of country living and convenient access to nearby towns. Stay comfortable year-round with air conditioning, central vacuum, electric conduction heaters, and a wood stove for those chilly winter nights. With both a generator and solar system already in place, you can enjoy the flexibility of living fully off-grid or maintaining traditional hydro. Whether you're searching for a relaxing weekend retreat or a comfortable full-time residence, this home offers warmth, versatility, and space to make it your own. A 12' x 12' shed and 24' x 16' garage provide plenty of storage and functionality in this peaceful rural setting.

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Property Summary

This detached home located at 2414 Pearl Street, Black River-Matheson is currently for sale and has been available on SousaSells for 372 days. This property is listed at $149,000 with an estimated mortgage of $496* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 2414 Pearl Street, Black River-Matheson is in the Matheson neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusExpired
Listed Date7/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionWood
BasementNone
Lot Size40 × 100 Feet
CountyCochrane
Annual Tax$657
Legal Descriptionsee realtor remark

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeRadiant
CoolingWindow Unit(s)

Features

Property Features

School Bus Route

Interior Features

Carpet Free, Central Vacuum, Generator - Full, Solar Owned, Storage, Water Heater

Security Features

Security System, Smoke Detector

Community Features

Location

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2414 Pearl Street, Black River-Matheson, ON
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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 2414 Pearl Street, Black River-Matheson, ON P0K 1C0

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Black River-Matheson.

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Interest Rate4.00%
Down Payment$44,700 (30.0%)
* Minimum Canadian down payment required for this price is $7,450.
Amortization Period30 Years
Estimated Monthly Payment$496Based on a loan of $104,300 over 30 years.
Purchase Price$149,000
Loan Amount$104,300
Provincial Land Transfer Tax:$1,215
Total Estimated Closing Taxes:$1,215

About Purchasing a Home in Black River-Matheson, ON

For a property listed at $149,000 in Black River-Matheson, the legal minimum down payment is $7,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,215 for this transaction. As this listing is in Black River-Matheson (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,215.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Matheson, Black River-Matheson.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$298,235

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

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.