Houses for Sale in Black River-Matheson ON Under $500K

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Are you looking for houses under $500k for sale in Black River-Matheson ON? Square Yards Canada offers a wide selection of properties that cater to various budgets in Black River-Matheson. Browse through detailed listings with HD images and guides to find the ideal property that fits your budget and preferences in Black River-Matheson. Whether you’re looking to buy houses under under $500k in Black River-Matheson ON for residential living or as investment opportunities, our listings allow you to filter by amenities, property age, number of bedrooms and much more. Explore a diverse range of Black River-Matheson houses for sale under under $500k, including freehold homes, condos, and commercial properties.

Last Updated: May 14, 2026

26 Photos

1403 Grindstone Road, Cochrane, ON , MLS #T12678144 , Image - 1

1403 Grindstone Road Matheson, Black River-Matheson, Cochrane, ON MLS® T12678144

Residential Freehold (Rural Residential)

$399900.0

Price drop by 10.9%

1 Beds
1 Baths
700-1100 sq-ft

Beautiful waterfront property. This log home sits on the Driftwood river witch flows into Moose Lake. Excellent pickerel fishing. Boat launching area

35 Photos

1619 Lava Mountain Road, Cochrane, ON , MLS #T12612222 , Image - 1

1619 Lava Mountain Road Matheson, Black River-Matheson, Cochrane, ON MLS® T12612222

Residential Freehold (Vacant Land)

$248900.0

Price drop by 0.4%

351.40 acres of vacant land in the organized township of Black River-Matheson! This property was formerly a radar station with remnants of the old ope

Similar Properties near Black River-Matheson

29 Photos

172 Elaine Avenue, Cochrane, ON , MLS #T13111294 , Image - 1

172 Elaine Avenue SRF, Smooth Rock Falls, Cochrane, ON MLS® T13111294

Residential Freehold (Detached)

$169900.0

1 +1 Beds
2 Baths
1100-1500 sq-ft

Welcome to this bright and spacious bungalow in Smooth Rock Falls, offering comfort, versatility, and plenty of room to grow. The main floor features

50 Photos

177 Elaine Avenue, Cochrane, ON , MLS #T13081120 , Image - 1

177 Elaine Avenue SRF, Smooth Rock Falls, Cochrane, ON MLS® T13081120

Residential Freehold (Duplex)

$320000.0

6 +1 Beds
3 Baths
1500-2000 sq-ft

Discover a rare opportunity to own a completely renovated duplex that offers both modern living and the potential for rental income. This beautifully

20 Photos

236 Tamarack Street, Cochrane, ON , MLS #T13065040 , Image - 1

236 Tamarack Street TNE - Hill District, Timmins, Cochrane, ON MLS® T13065040

Residential Freehold (Duplex)

$180000.0

4 Beds
3 Baths
1100-1500 sq-ft

This property consists of a front house and a back house. The front house is owner-occupied and has 3 beds and 1+1 bath. The back house is a 1 bed/1 b

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