51 Peninsula RD
Marathon, Ontario
- Retail
51 Peninsula presents a rare and versatile investment opportunity, perfectly positioned on the main thoroughfare into town for maximum visibility and accessibility. The main level offers a fully functional, move-in-ready commercial setup. A welcoming front lobby leads to eight private office rooms, ideal for a variety of professional or service-based businesses. This level also features a convenient breakroom with a sink, a 3-piece bathroom, and an additional 2-piece bathroom. Enhancing the property’s versatility is the attached 34' x 18' garage, offering ample space for parking, workshop use, or additional storage. Complementing this is a generous 19' x 17' bonus room that opens the door to endless possibilities—whether you envision a studio, meeting space, or further business expansion, this adaptable space can easily be tailored to fit your vision. The upper level provides a welcoming residential retreat, thoughtfully laid out for comfort and functionality. Here, you’ll find three spacious bedrooms, a 3-piece bathroom, and a dedicated laundry area for added convenience. A standout feature is the large sunroom, flooded with natural light—perfect for a peaceful workspace or storage. The open-concept kitchen, dining, and living area forms the heart of the home, offering a cozy yet airy environment enriched by warm wood accents. This unique property is ideally suited for entrepreneurs, investors, or those seeking a seamless live-work arrangement. With its prominent location and flexible layout, it presents an outstanding opportunity to maximize both lifestyle and income potential.
Price History
Schools
Elementary
- École catholique Val-des-Bois0.5 km
French Catholic · CSDC des Aurores boréales
- Holy Saviour0.6 km
Catholic · Superior North CDSB · 120 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 43% met the provincial standard
- École publique Cité-Supérieure0.8 km
French public · CS public du Grand Nord de l'Ontario
Secondary
- École secondaire Cité-Supérieure0.6 km
French public · CS public du Grand Nord de l'Ontario
- Marathon High School0.6 km
Public · Superior-Greenstone DSB · 185 students
Grade 10 literacy: 46% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P0T
- Population
- 32,000
- Private dwellings
- 17,869
- Median age
- 45.6
- Average household size
- 2.3
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Retail in Marathon · last 12 months
- Median sold price
- $186,250
- Homes sold
- 14
- Median days on market
- 56
- Sale-to-list price
- 96.3%
Based on 14 recorded sales of retail properties in Marathon over the last 12 months.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$127,980
Estimated Monthly Payment
$3,144
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,144/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $160/mo
Estimates only. Consult a financial advisor.
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