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7 Stevens Ave

Marathon, Ontario

  • Other
$425,000

Located on the shores of Lake Superior in the heart of the Boreal Forest, this unique commercial/residential property offers excellent visibility in a high-traffic area and multiple income streams. The property features three well-established leases, including one flexible space that can be used for short-term rentals when vacant, creating additional revenue potential. The upper level offers a 2-bedroom, 1-bathroom residential apartment with a truly one-of-a-kind feature – the original town safe - converted into the primary bedroom’s walk-in closet. The main level includes an established business on one side, a separate driveway, a 1-bedroom apartment with unique interior fixture and a spacious 900 sq ft shop that was once home to a successful woodworking and cabinetry business. With its mix of commercial, residential and flexible rental opportunities, this property is a rare find and a strong investment opportunity. 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 km

    French Catholic · CSDC des Aurores boréales

  • Holy Saviour1.1 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

Other 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 other properties in Marathon over the last 12 months.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$85,000

Estimated Monthly Payment

$2,088

Land transfer tax

Estimated land transfer tax$4,975

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: $2,088/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $106/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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