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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 33 days

    51 Peninsula Road

    Marathon, ON·P0T 2E0·Near Follow Peninsula Road, property is located on the right hand side adjacent to the local fitness center.

      0
    • Commercial
    Marathon real estate›X13245130
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property 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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Apr 18, 2026ListedCurrentFor sale$649,900 —X13245130This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Other
      Air conditioning
      Other
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 51 Peninsula Road
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,193
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $523
    0.96% mill rate · ON
    The market

    How this home sits in the Marathon market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Marathon market right now

    Average sold price, days on market, and closed-transaction count for Marathon — sourced from MLS®.

    • Avg sold price
      $137,667
      Last 30 days
    • Median sold price
      $163,000
      Middle of the market
    • Days on market
      60 d
      Avg from list to close
    • Closed last 30d
      3
      MLS® transactions
    Full Marathon market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 51 Peninsula Road — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 51 Peninsula Road and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 51 Peninsula Road listed for?

      51 Peninsula Road is listed at $649,900 on the MLS® (listing X13245130). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 51 Peninsula Road have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. < .50 ac lot
  2. Asking
    $649,900
    MLS® X13245130
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $137,667
    $126,654Confidence range$148,680
    Asking vs estimate
    ↑↑well-above
    +$512,233
    (+372.1%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Marathon sell in about 60 days — this one has been listed 33 days.

    Avg sold price
    $137,667
    Median sold
    $163,000
    Avg days on market
    60
    Recently sold
    3
    See comparable sales
    AI highlights by Zara
    • Enhancing the property’s versatility is the attached 34' x 18' garage, offering ample space for parking, workshop use, or additional storage.
    • 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.
    Ask Zara a follow-up
    Sanitary
  4. Parking & garage

    1
    Garage
    None
  5. Interior

    1
    Basement
    Yes
  6. Exterior & construction

    4
    Exterior
    Vinyl Siding
    Roof
    Flat, Asphalt Rolled
    Foundation
    Wood, Block
    Pool
    None
  7. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Other
    Property class
    Commercial
  8. Combined estimate
    $3,716
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,193
    /mo
    based on the purchase price of $649,900
    $129,980 cash
    $519,920 financed
    $437,909 total interest
    Monthly payment$3,193/ month
    Principal54%$519,920
    Interest46%$437,909

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  9. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  10. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  11. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  12. Public listing courtesy of RE/MAX GENERATIONS REALTY · displayed on Summitly per MLS® data-share rules

    51 Peninsula Road is a commercial at Marathon, ON. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  13. When was 51 Peninsula Road built?

    The year built for 51 Peninsula Road isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  14. What is the property tax for 51 Peninsula Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 51 Peninsula Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  15. How much would the monthly mortgage be on 51 Peninsula Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $649,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  16. Has 51 Peninsula Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 51 Peninsula Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  17. What neighbourhood is 51 Peninsula Road in?

    51 Peninsula Road is in Marathon, Marathon. The 'Neighbourhood' section below links to the live Marathon real estate hub with average sold price, days on market, and current inventory.

  18. Is Marathon a good place to live?

    Marathon is one of ON's actively-tracked Summitly markets. The full Marathon real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.