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2 Whitman Court

Marathon, Ontario

  • Multi-family
$395,000

Welcome to this incredible investment opportunity in Marathon Ontario. This 8-plex property is located close to Lake Superior and the central core of Marathon. Offering 8 1-bedroom units with some updated plumbing and electrical in each unit. This property offers a significant and stable income potential. Many of the units offering stunning views of Lake Superior. Full basement with laundry facilities. Parking for up to 12 vehicles. Proximity to new Active Living Centre and Shore line developments provides interesting prospects for a full renovation project while taking advantage of the space, location and the stunning Lake Superior views. You bring the vision and let the view attract the income! Visit www.century21superior.com for more info and pics.

Price History

Schools

Secondary

  • École secondaire Cité-Supérieure0.9 km

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

  • Marathon High School0.9 km

    Public · Superior-Greenstone DSB · 185 students

    Grade 10 literacy: 46% met the provincial standard

Elementary

  • École publique Cité-Supérieure1 km

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

  • École catholique Val-des-Bois1.1 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

48

Walk

28

Bike

Scores by Walk Score®

Mortgage Calculator

$79,000

Estimated Monthly Payment

$1,941

Land transfer tax

Estimated land transfer tax$4,400

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: $1,941/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $99/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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