51 Peninsula Road, Marathon, ON

$649,900
MLS#:X13245130
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 vinyl siding construction, this residence presents an exceptional opportunity offered at $649,900 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 oil

Description

51 Peninsula presents a rare and versatile investment opportunity, perfectly positioned on the main thoroughfare into town for maximum visibility and accessibility. The main level offers a fully functional, move-in-ready commercial setup. A welcoming front lobby leads to eight private office rooms, ideal for a variety of professional or service-based businesses. This level also features a convenient breakroom with a sink, a 3-piece bathroom, and an additional 2-piece bathroom. Enhancing the property’s versatility is the attached 34' x 18' garage, offering ample space for parking, workshop use, or additional storage. Complementing this is a generous 19' x 17' bonus room that opens the door to endless possibilities—whether you envision a studio, meeting space, or further business expansion, this adaptable space can easily be tailored to fit your vision. The upper level provides a welcoming residential retreat, thoughtfully laid out for comfort and functionality. Here, you’ll find three spacious bedrooms, a 3-piece bathroom, and a dedicated laundry area for added convenience. A standout feature is the large sunroom, flooded with natural light—perfect for a peaceful workspace or storage. The open-concept kitchen, dining, and living area forms the heart of the home, offering a cozy yet airy environment enriched by warm wood accents. This unique property is ideally suited for entrepreneurs, investors, or those seeking a seamless live-work arrangement. With its prominent location and flexible layout, it presents an outstanding opportunity to maximize both lifestyle and income potential.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date4/18/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial
ConstructionVinyl Siding
BasementYes
CountyThunder Bay
Annual Tax$6,271.12
Legal DescriptionPCL 24152 SEC TBF; PT LT 20 CON 10 PIC 3 TO 6 55R2232; MARATHON

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat SourceOil
Heat TypeOther
CoolingOther

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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51 Peninsula Road, 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 51 Peninsula Road, 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$519,920
Monthly Mortgage$3,021
Property Tax (Est.)$523
Utilities & Maint.$350
Total Monthly Cost$3,894

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.