2 Ontario Street, Marathon, ON

$1,950,000
MLS#:X13438158
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable commercial located in the coveted neighborhood of Marathon. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,950,000 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 0 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 and highly efficient other heating via electric

Description

Welcome to Superior Place, a prominent commercial investment property offering an exceptional opportunity to acquire a well-established, income-producing asset in the thriving community of Marathon, Ontario. Strategically positioned on the town's main strip, this highly visible property serves as a commercial hub for residents, businesses, and visitors alike, making it a cornerstone of the local economy. Featuring fourteen established income streams, Superior Place has a diverse and complementary mix of long-standing commercial, retail, professional, educational, and community-service tenants. Current occupants include a car dealership, a popular catering restaurant, hair salon, telecommunications center, insurance services office, financial services provider, retail store, two social service organizations, a recognized pizza franchise, employment agency, a 4,600-square-foot gymnasium, dental clinic, and a Northshore campus. This diversified tenant profile helps reduce investment risk while providing multiple sources of consistent revenue. The large on-site parking lot provides ample parking for customers, staff, and visitors. Marathon continues to be an important regional center along the North Shore of Lake Superior, serving surrounding communities and supporting a broad range of industries, services, and economic activity. As Northern Ontario continues to attract investment and development opportunities, properties with established occupancy and diversified income sources remain highly desirable. Whether you are an experienced investor seeking to expand your commercial portfolio or just now looking for a stable asset with reliable cash flow, Superior Place offers a compelling combination of income security, tenant diversity, and strategic location. Opportunities to acquire a property of this scale, prominence, and community significance are rare. Don't miss your chance to own one of Marathon's most recognizable commercial properties!

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date6/12/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial
ConstructionBrick
BasementYes
CountyThunder Bay
Annual Tax$59,393.12
Legal DescriptionPCL 37 SEC MF; LT 43 PL M165 PIC EXCEPT PT 1 55R9551 & PT 1 55R10539; S/T PT 2 & 3 55R9551 AS IN F40086; MARATHON

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeOther
CoolingOther

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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2 Ontario Street, Marathon, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 2 Ontario Street, Marathon, ON P0T 2E0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,560,000
Monthly Mortgage$9,064
Property Tax (Est.)$4,949
Utilities & Maint.$350
Total Monthly Cost$14,363

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Marathon.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Marathon.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$342,050

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Holy Saviour
Public23 Penn Lake Road, Marathon, Ontario, P0T 2E0
0.0
Margaret Twomey
Public21 Chisholm Trail, Marathon, Ontario, P0T 2E0
4.6

Secondary Schools

Marathon
Public14 Hemlo Drive, Marathon, Ontario, P0T 2E0
3.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.