U#16 - 2 HEMLO DRIVE, Marathon

$15/sqft

For rent: Other

Other at U#16 - 2 HEMLO DRIVE, Marathon
Property type
Commercial Retail
MLS®
MLS® X13671750

This retail unit is strategically situated within a neighbourhood shopping centre in the heart of one of the largest towns along Lake Superior's western shoreline. Anchored by Independent Grocer (Loblaws) and The Bargain Shop (Red Apple Stores), the centre offers a strong blend of national and local retailers, serving the daily needs of residents throughout this northern community and the surrounding region.

Sold data

Homes in Marathon — recent sold market

Homes in Marathon took a median of 48 days to sell over the last 365 days, with the quickest quarter selling within 28 days and the slowest quarter taking more than 116, across 52 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 85 days.

The median sale price was $202,000.

Homes sold for about 4.2% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
49
Median sale price
$202,000
Sale-to-list ratio
95.8%
Sold above asking
12%

Based on 52 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Marathon

Marathon has 3 Fraser Institute–rated schools (2 elementary and 1 secondary), averaging 2.7/10.

Rated schools
3
Elementary
2
Secondary
1
Average rating
2.7 / 10

Top-rated schools in Marathon

  • Margaret Twomey — elementaryFraser rating 4.6/10
  • Marathon — secondaryFraser rating 3.5/10
  • Holy Saviour — elementaryFraser rating 0.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near U#16 - 2 HEMLO DRIVE