65 Stevens Ave, Marathon, ON
Property Highlights
Welcome to this remarkable commercial located in the coveted neighborhood of Marathon. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $875,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 2 Bathrooms
- Spacious lot size measured in Feet
- Features a yes basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with other central cooling
Description
Interesting investment opportunity located in beautiful Marathon Ontario. This bustling community is situated on the shores of Lake Superior and is an attractive place to live and invest. This full-service, family friendly community offers affordable housing and numerous business opportunities. This property has been zoned for the development of a 30-bed motel, with plenty of parking, with permitted uses being numerous ex: Car wash, building supply outlet, retail store, funeral home, assembly hall, commercial or private club. With commercial area of 12,300 sq ft, this building is located close to town centre and shopping, restaurants and lake front. Feasibility Study and survey available. Call or text to arrange your viewing. Visit www.century21superior.com for more info and pics.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 65 Stevens Ave, Marathon, ON P0T 2E0
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About Purchasing a Home in Marathon, ON
For a property listed at $875,000 in Marathon, the legal minimum down payment is $62,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,975 for this transaction. As this listing is in Marathon (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.