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Neighbourhood in Black River Matheson

Homes for rent in Matheson

quiet family-friendly affordable

Matheson is a small neighbourhood in Black River-Matheson. It offers a quiet lifestyle with a close-knit community feel.

Affordable housing options available Majority of homes are single-detached Two elementary schools in the area Several parks and playgrounds nearby Low population density
Matheson, Black River Matheson — HOMEH neighbourhood guide

Black River Matheson, Ontario

© Mapbox © OpenStreetMap

At a glance

Photo of 24 Bowman Avenue

24 Bowman Avenue

Black River Matheson (Matheson)

For Rent
Listed for:

Listed 10 days ago

$4,000monthly
  • 3+3Bedrooms
  • 3Bathrooms
  • 2Garage
  • 1.1K~1.5KSq.Ft.

DetachedFor Rent

Day to dayLivability

2.8

Schools near listings

out of 10 · averaged over 21 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$99,900

19% below Black River Matheson 86% below Ontario

In Matheson

$99,900

In Black River Matheson

$123,450

In Ontario

$710,000

Median monthly rent

$4,000/mo

On par with Black River Matheson 60% above Ontario

In Matheson

$4,000

In Black River Matheson

$4,000

In Ontario

$2,500

≈ 2.1 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

13

Median $99,900

Houses 13

For rent

1

Median $4,000

Houses 1

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-22. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Low median home prices compared to the city
  • High home ownership rate at 82.4%
  • Family-friendly environment with many parks
  • Stable community with a median age of 46.2

Keep in mind

  • Limited public transit options
  • Few amenities like gyms and libraries
  • Higher unemployment rate at 8.5%

The feel of the placeLifestyle

Daily life in Matheson is relaxed, with a focus on family and community. Residents enjoy outdoor activities in local parks.

Great for first-time buyers families retirees

Within the boundaryWhat's nearby

The boundary

1,188.4 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

7

Parks

1

Playgrounds

3

Grocery stores

3

Restaurants

1

Pharmacies

Counted across all 1,188.4 km² of Matheson. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

2.8/10

Average rating of the 1 rated school in this area

2

Elementary

  • Joseph H Kennedy Public School

    Public · Grades JK–6 · DSB Ontario North East

    2.8/10

    2,853rd of 3,045 Ontario elementary schools

    130 students · EQAO 2024-2025

  • École catholique Sainte-Thérèse

    Public · French · Grades JK–8 · CSDC des Grandes Rivières

    Not rated

    70 students

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Matheson, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

2,572

Population (2021)

1,161.9 km²

Area

2

People per km²

46.2

Median age

$75,676

Median income

82%

Own their home

2.4

People per household

1,080

Households

Every age

  • Children (under 15)17.9%
  • Working age (15–64)60.6%
  • Seniors (65+)21.6%

What is built here

  • Detached houses88.4%
  • Semi-detached0.9%
  • Townhouses0.5%
  • Duplexes0.5%
  • Low-rise apartments6.5%

Own or rent

82%Owners

18%Renters

Across 1,080 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier35%
  • 1961–198028%
  • 1981–199014%
  • 1991–20008%
  • 2001–20051%
  • 2006–20101%
  • 2011–20154%
  • 2016–20215%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

4.1%
Born outside Canada
5.5%
Hold a degree or higher
53.5%
Employment rate
2.3%
Commute by transit
87%
Commute by car
2
Children per family
$66,841
Median income after tax
$93,498
Average household income
18.4%
Living on a low income
$707/mo
Renters pay, per month
$645/mo
Owners pay, per month
$167,005
Median home value at census
6.2%
Renters spending 30%+ of income on housing
4.4%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 5 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Mapbox © OpenStreetMap

HOMEH Market Pulse Through September 2026 Moderate sales history

What homes in Matheson actually sell for

40 homes changed hands in Matheson over the 12 months to September 2026. Half sold above $164,930 and half below, 13.7% lower than the 12 months before. A typical home found its buyer in 49 days — 20 days quicker than a year ago.

Median sold price
$165K
-13.7% year over year
Days to sell
49
20 days quicker
Sales closed
40
last 12 months
Per square foot
$214
from 21 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.

$440K$318K$197K$75K
Oct ’23Nov ’24Nov ’25Sep ’26
Median sold price Middle half of sales

What buyers actually paid

$904,300

on a $1,000,000 asking price — under ask by $95,700

−10%Asking price+10%
Of the asking price
90.4%
Sold over asking
7.5%

From 40 sales that closed here in the last 12 months.

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Jul 2026

Terracotta marks the last 12 months.

Every month behind these charts — Matheson, sales
Monthly closed sales in Matheson
MonthClosedMedianMiddle halfDays% of ask
Sep 20263 Not enough sales this month to report a median
Aug 20263 Not enough sales this month to report a median
Jul 20265$160,000$100K – $190K2895.8%
Jun 20264 Not enough sales this month to report a median
May 20266$264,950$178K – $322K3285.3%
Apr 20262 Not enough sales this month to report a median
Mar 20263 Not enough sales this month to report a median
Feb 20262 Not enough sales this month to report a median
Jan 20261 Not enough sales this month to report a median
Dec 20253 Not enough sales this month to report a median
Nov 20254 Not enough sales this month to report a median
Oct 20254 Not enough sales this month to report a median
Sep 20254 Not enough sales this month to report a median
Aug 20256$203,022$141K – $271K6499.3%
Jul 20254 Not enough sales this month to report a median
Jun 20258$137,450$104K – $310K7199.1%
May 20255$231,900$145K – $298K6886.7%
Apr 20252 Not enough sales this month to report a median
Jan 20251 Not enough sales this month to report a median
Dec 20242 Not enough sales this month to report a median
Nov 20243 Not enough sales this month to report a median
Oct 20245$198,000$165K – $415K11694.5%
Sep 20244 Not enough sales this month to report a median
Aug 20243 Not enough sales this month to report a median
Jun 20243 Not enough sales this month to report a median
May 20243 Not enough sales this month to report a median
Apr 20241 Not enough sales this month to report a median
Mar 20241 Not enough sales this month to report a median
Dec 20232 Not enough sales this month to report a median
Nov 20232 Not enough sales this month to report a median
Oct 20234 Not enough sales this month to report a median

25 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about Matheson

How much does a home cost in Matheson?

Homes in Matheson sold for a median of $164,930 over the 12 months to September 2026, across 40 closed sales — half sold for more and half for less. That is 13.7% lower than the 12 months before it.

How long does it take to sell a home in Matheson?

A home in Matheson took a median of 49 days on the market over the 12 months to September 2026. Homes there closed at 90.4% of the asking price on average, with 7.5% selling over asking.

Compiled by HOMEH from sales reported closed in Matheson on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.