The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
A rare opportunity to own a landmark Northern Ontario property offering exceptional flexibility for business, residential use, or both. In Marten River, set on over 2 acres with excellent Highway 11 exposure, this Tourism Commercial property is well suited for boutique accommodations, retail, restaurant or café, outfitting services, wellness or treatment space, offices, studio use, a home-based business, or other ventures. Originally built in 1952 as the area's first Game Warden's residence, the property later operated as a general store and restaurant before being extensively renovated into the impressive live/workspace it is today. The main level features soaring vaulted log ceilings, exposed beams, a floor-to-ceiling stone fireplace, an updated kitchen with large centre island, and multiple bedrooms or private rooms that could serve as guest suites, offices, treatment rooms, staff space, or owner's living quarters. A full-height basement provides valuable workshop, storage, inventory, or expansion space. The large, detached garage/workshop offers further potential for equipment, vehicles, fabrication, trades, recreational rentals, or commercial operations. Ample parking can accommodate clients, staff, trailers, and recreational vehicles. The property is privately set back among mature trees while maintaining strong highway visibility. Landscaped grounds, a screened porch, fenced gardens, enclosed dog run, and direct access to OFSC snowmobile and ATV trails enhance its appeal as a four-season destination. Marten River Provincial Park and numerous lakes are nearby. Upgrades include windows, doors, metal siding, roof, furnace, septic system, exterior chinking, and a Tesla Powerwall whole-home backup battery system. Located 35 minutes north of North Bay and 30 minutes south of Temagami, this is a rare chance to operate a business, live on-site, or combine both in one distinctive property.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,178/mo
Mortgage (principal + interest)$2,057
Property taxFrom listing: $1,453/yr$121
Minimum $29,990 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$109,980
Ontario land transfer taxProvincial brackets, no first-time refund$7,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$120,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Temagami has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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