5 acres for sale in Goulais River, ON
$499,900 · Goulais River, Algoma, Ontario · 31 km from Sault Ste. Marie
Advertised on Kijiji as “1012 HWY 552 W Goulais River, Ontario”
$499,900Asking price
5Acres
$99,980/acPrice per acre
Water mentionedWater
above marketAcreScout value check
- 76% above the median $56,780/ac for the 55 lots of similar size in Algoma.
- AcreScout's value model, which compares it with the nearest listings of similar size, rates it above market.
- Who can buy in Ontario, and whether non-residents or non-Canadians pay more or need approval.
- In AcreScout, the ad is read for problems it mentions (no road access, boat-only access, wetland, flooding, zoning limits, leasehold or shared ownership), with the sentence behind each note.
- Listed August 26, 2026.
- The map point is approximate (a town or area centre), so check the exact location with the agent.
- Estimate the land transfer tax at this price.
See this listing on the map with its value score, the problems the ad mentions and the all-in cost for your buyer profile.
Open in AcreScout
Listing on Kijiji
Dashed circle: the town centre the listing names (approximate). Google satellite view
Next steps
- Lawyer or notary. A real estate lawyer (a notary in Quebec) searches the title for liens, easements and rights-of-way and handles the transfer. Rural land carries more of these than a house in town.
Law Society Referral Service - Survey. Rural boundaries are often old or unmarked. A land surveyor shows where the lines really are, whether the access road crosses a neighbour's land, and how many acres you are buying.
Association of Ontario Land Surveyors: find a survey company - Well. Bare land rarely has a tested well. A licensed well contractor knows typical depths and yields nearby and what drilling costs.
Licensed well contractors - Septic. Without town sewer you need a septic system, and the soil has to suit one. Have a designer or installer look before you buy: poor soil can make a lot costly or impossible to build on.
QuARTS: qualified on-site sewage designers and installers (BCIN) - Financing and insurance. Most home lenders finance a house plus about 5 acres and want a bigger down payment on bare land. A licensed mortgage broker knows which lenders take land (credit unions and, for farm land, Farm Credit Canada). Arrange insurance before you take possession.
FSRA mortgage agent and broker search · RIBO insurance broker search
Official directories and regulators' searches, not recommendations; nobody pays us to be listed. Links checked October 1, 2026. Can I buy land here? covers ownership limits and taxes for your situation.
Similar-sized land in Algoma
| Listing | Price | Acres | Per acre | Water | Value |
|---|---|---|---|---|---|
| 5 acres Huron Shores Township, Thessalon |
$90,000 | 5 | $18,000/ac | near market | |
| 4.5 acres Unorganized, North Part |
$129,900 | 4.5 | $28,867/ac | below market | |
| 5 acres Spanish |
$249,900 | 5 | $49,980/ac | above market | |
| 5 acres Goulais River |
$529,900 | 5 | $105,980/ac | above market | |
| 5.3 acres Sault Ste. Marie |
$599,900 | 5.3 | $113,189/ac | above market | |
| 4.9 acres on a lake North Shore |
$750,000 | 4.9 | $152,439/ac | Lakefront | above market |
| 4.5 acres Algoma Mills |
$890,000 | 4.5 | $197,778/ac | above market | |
| 5 acres Sault Ste. Marie |
$2,690,000 | 5 | $538,000/ac | above market |