Real Estate Market Report for
Thessalon, ON

Updated : Aug 2016
House
  • Median price $138,700
  • Monthly growth -2.25 %
  • Quarterly trend
  • Stock on market 5.72%
Apartment
  • Median price $189,950
  • Monthly growth 31.00 %
  • Quarterly trend
  • Stock on market 0.34%
Thessalon Home Price

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When looking across the province, Thessalon is the 1076th most expensive in Ontario.

When our research team crunched the numbers we calculated that Thessalon has a median home price of $138,700.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

Ontario has the most amount of properties available to property investors, with Thessalon having 224th most in the province, out of a total of 1145.

Can we guarantee how well Thessalon is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Across the country as a whole, Thessalon is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Thessalon has a median home price of $189,950.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

There are 196 neighbourhoods that have more properties on sale than Thessalon at the moment in Ontario which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Thessalon will hopefully provide an indicator to help you where to research in-depth

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
2 bedrooms $129,900
3 bedrooms $137,900
4 bedrooms $144,000
5 bedrooms $289,500
Demographics
  • Population in 20111279
  • Population in 20061312
  • 2006 to 2011 population change (%)-2.5
  • Total private dwellings594
  • Private dwellings occupied by usual residents510
  • Population density per square kilometre292.4
  • Land area (square km)4.37
  • Age Characteristics
    Total population by age groups 1280
    0 to 4 years 55
    5 to 9 years 65
    10 to 14 years 45
    15 to 19 years 100
    15 years 15
    16 years 25
    17 years 20
    18 years 15
    19 years 20
    20 to 24 years 45
    25 to 29 years 45
    30 to 34 years 35
    35 to 39 years 50
    40 to 44 years 80
    45 to 49 years 90
    50 to 54 years 125
    55 to 59 years 90
    60 to 64 years 90
    65 to 69 years 75
    70 to 74 years 80
    75 to 79 years 80
    80 to 84 years 65
    85 years and over 65
    Median age of the population 51.2
    % of the population aged 15 and over 86.9
  • Marital Status
    Total population 15 years and over by marital status 1115
    Married or living with a common-law partner 625
    Married (and not separated) 535
    Living common-law 85
    Not married and not living with a common-law partner 485
    Single (never legally married) 245
    Separated 45
    Divorced 65
    Widowed 140
    Family Characteristics
    Total number of census families in private households 365
    Size of census family: 2 persons 215
    Size of census family: 3 persons 65
    Size of census family: 4 persons 60
    Size of census family: 5 or more persons 25
    Total number of census families in private households 370
    Total couple families by family structure and number of children 300
    Married couples 260
    Without children at home 150
    With children at home 110
    1 child 40
    2 children 50
    3 or more children 20
    Common-law couples 40
    Without children at home 25
    With children at home 20
    1 child 5
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 65
    Female parent 55
    1 child 30
    2 children 15
    3 or more children 5
    Male parent 10
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 335
    Under six years of age 65
    6 to 14 years 100
    15 to 17 years 60
    18 to 24 years 60
    25 years and over 45
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 1170
    Number of persons not in census families 170
    Living with relatives 10
    Living with non-relatives only 15
    Living alone 140
    Number of census family persons 1000
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 270
    Number of persons not in census families aged 65 years and over 90
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 85
    Number of census family persons aged 65 years and over 175
    Total number of private households by household type 510
    Census-family households 365
    One-family-only households 345
    Couple-family households 295
    Without children 165
    With children 125
    Lone-parent-family households 50
    Other family households 15
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 10
    Two-or-more-family households 5
    Non-census-family households 145
    One-person households 140
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 510
    Single-detached house 435
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 75
    Semi-detached house 20
    Row house 10
    Apartment, duplex 10
    Apartment, building that has fewer than five storeys 35
    Other single-attached house 5
    Total number of private households by household size 510
    1 person 140
    2 persons 210
    3 persons 65
    4 persons 65
    5 persons 25
    6 or more persons 5
    Number of persons in private households 1170
    Average number of persons in private households 2.3
Census 2011

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