2 Whitman Court, Marathon (TB-74), Ontario, P0T2E0
This multi-family property in Marathon is for sale.
No similar listings for sale right now.
Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$395,000
Marathon
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 142 days on market, against an average age of 142 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 66 days on the market over the past year, against a median of 48 days across the markets we publish.
This multi-family in Marathon (TB-74) has been listed for 142 days, right at the city average. A solid opportunity worth looking into.
Approximate location — exact address confirmed upon showing
This home lists at $395,000, about 5.1× the local median household income of $77,000.
Carrying it typically needs a household income of about $77,157 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0T)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice