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40 Stevens AVE

40 Stevens AVE

Marathon, Ontario

  • Multi-family
$220,000

Welcome to 40 Stevens Avenue, the perfect opportunity to combine comfortable family living built-in income potential. This legal versatile duplex allows you to live in the main home while generating revenue from the separate rear unit, a true win-win investment. The main house features three bedrooms on the upper level and one full bathroom, along with a bright living and dining area highlighted by an exposed brick chimney that adds warmth, character and timeless charm. Thoughtful updates include newer windows, insulation, and siding, along with recently refinished gleaming hardwood floors throughout the main and upper level. At the rear of the property, you’ll find a self-contained two-bedroom, open-concept unit with in-unit laundry, ideal for rental income or extended family or guests. Located in beautiful Marathon Ontario, this home sits in a welcoming full-service community nestled along the stunning coastline of Lake Superior. Offering exceptional outdoor recreation, small-town charm and everyday conveniences. Whether you’re looking for a family home with mortgage-helper income or a smart investment property, 40 Stevens Avenue delivers flexibility, value and opportunity – all in one exceptional package. Visit www.century21superior.com for more info and pics.

Price History

Schools

Secondary

  • École secondaire Cité-Supérieure0.8 km

    French public · CS public du Grand Nord de l'Ontario

  • Marathon High School0.8 km

    Public · Superior-Greenstone DSB · 185 students

    Grade 10 literacy: 46% met the provincial standard

Elementary

  • École publique Cité-Supérieure0.9 km

    French public · CS public du Grand Nord de l'Ontario

  • École catholique Val-des-Bois1.2 km

    French Catholic · CSDC des Aurores boréales

  • Holy Saviour1.3 km

    Catholic · Superior North CDSB · 120 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 43% 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

Multi-family in Marathon · last 12 months

Median sold price
$175,000
Homes sold
13
Median days on market
54
Sale-to-list price
96.4%

Based on 13 recorded sales of multi-family properties in Marathon over the last 12 months.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$44,000

Estimated Monthly Payment

$1,081

Land transfer tax

Estimated land transfer tax$1,925

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: $1,081/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $55/mo

Estimates only. Consult a financial advisor.

R

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