$759,900
Marmora and Lake
7 Forsyth Street North, Marmora and Lake (Marmora Ward), Ontario, K0K2M0
This retail property in Marmora and Lake is for sale offering roughly 4,500 sq ft of space.
Victorian Charm Meets Endless Opportunity in Downtown Marmora! If you're looking for an impressive residence where you can operate your business from home, establish a welcoming B&B, or enjoy spacious family living, this exceptional red-brick Victorian delivers. Over 4,000 sq. ft. of living space, five bedrooms and four bathrooms, the home showcases a traditional centre-hall plan, gleaming original hardwood floors and timeless original trim. The main level features a sun-filled great room with wall-to-wall windows and a cozy electric insert set within a brick fireplace. The convenient laundry/pantry includes a new LG washer and dryer (2024). The spacious licensed and approved kitchen features a rolling granite island, a new dishwasher (2025), new LG refrigerator (2024) and a bright dining area with a large south-facing picture window overlooking the deck, paved driveway and oversized backyard. The home's original wooden staircase, equipped with a chair lift for accessibility, leads to four spacious bedrooms. A separate staircase provides access to a private owner/operator area featuring one large, flexible room that can serve as either a primary bedroom or living space, complete with a two-piece ensuite and an additional four-piece bathroom. Zoned Main Street Commercial, this property offers tremendous flexibility-operate your business from home, create professional office or retail space with a private entrance, or establish a charming B&B while maintaining private owner/operator accommodations. Additional features -an attached double garage with inside entry, detached carport, parking for 6 or more vehicles, a separate breezeway entrance, commercial fire system installed in 2018 and a large deck for entertaining. The backyard overlooks Memorial Park, with walking paths, a splash pad and views of the pristine Crowe River. All furnishings are negotiable, offering the opportunity to move in and enjoy this beautifully appointed property-or begin your business. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 239 days on market, against an average age of 115 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 62 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Marmora and Lake (Marmora Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $759,900, about 9.2× the local median household income of $83,000.
Carrying it typically needs a household income of about $148,435 (20% down, 25-yr amortization, stress-tested) — roughly 79% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0K)
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