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2 Whitman CT, Marathon, Ontario, P0T 2E0

MLS® # SM250228
Investment For Sale In Marathon, Ontario
$445,000
2 Whitman Ct, Marathon, ON - Outdoor
2 Whitman Ct, Marathon, ON  - Outdoor
2 Whitman Ct, Marathon, ON  - Outdoor With Body Of Water With View
2 Whitman Ct, Marathon, ON  - Outdoor
2 Whitman Ct, Marathon, ON  - Outdoor With View
2 Whitman Ct, Marathon, ON - Outdoor With View
2 Whitman CT, Marathon, Ontario, P0T 2E0
$445,000

Property Information:

Welcome to this incredible investment opportunity in Marathon, ON! This 8-plex property has been well maintained and boasts renovated units with new electrical and plumbing. Basement can easily be renovated to add 4 more units. With only one vacancy in over 6 years, this property offers a significant and stable income potential. Many of the units offer stunning views of Lake Superior. In a town facing a housing shortage due to an influx of new industry, this property is perfectly positioned to capitalize on high demand for quality rental units. Three mines within one-hour of Marathon include Barrick Gold (Hemlo), Harte Gold, and Alamos Gold, all contribute to above-average salaries. White River Forest Products is only an hour east of Marathon. All of these industries provide excellent housing income potential. Don't miss your chance to own this profitable piece of real estate in Marathon - schedule your showing today! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Amenities: Laundry Facility
  • Basement Type: Full
  • Exterior Finish: Siding
  • Floor Space: 2338 sqft
  • Foundation Type: Concrete Perimeter
  • Heating Type: Baseboard heaters
  • Appliances: Alarm System

Property Features:

  • Property Type: Multi-family
  • Access Type: Road access
  • Communication Type: High Speed Internet
  • Floor Space (approx): 2338 Square Feet
  • Irregular: Yes
  • Lot Frontage: 149.9
  • Lot Size: 149.9 x IRR
  • Utility Type: Cable - Available, Telephone - Available, Hydro - Available
  • View Type: View
  • Sewer: Municipal sewage system
  • Parking Type: Gravel

Courtesy of: Green Apple Realty

REALTOR.ca  

Location of 2 Whitman CT, Marathon, Ontario, P0T 2E0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

35 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

35 hot days expected in 2050

39/100

Moderate-Low

ClimateCheck®

Current data

This property, 2 Whitman CT , experiences 7 hot days per year at around 24.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 27.4 degrees Celsius.

Projected Avg. Temperature

Past
24.1℃
2050
27.4℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

50/100

Moderate

ClimateCheck®

Current data

This property, 2 Whitman CT , experiences 11 significant 2-day storms per year, with about 289.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 346.4mm of precipitation per year.

Precipitation Per Storm

Past
289.7mm
2050
346.4mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 2 Whitman CT, Marathon, Ontario, P0T 2E0

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$112,496.93

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.64 %

High school certificate or equivalent

34.47 %

Apprenticeship trade certificate/diploma

8.32 %

College/non-university certificate

21.19 %

University certificate (below bachelor)

2.38 %

University Degree

10.0 %

Commuter

Travel To Work

By Car

84.23 %

By Public Transit

0.0 %

By Walking

10.86 %

By Bicycle

0.0 %

By Other Methods

4.91 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.45 %

Houses

88.55 %

Own Vs. Rent