7 Forsyth Street N, Marmora and Lake, ON K0K 2M0
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.
- MLS number
- X12868154
- Type
- Commercial Retail
- Status
- Active
- Bedrooms
- —
- Bathrooms
- 4
- Postal code
- K0K 2M0
- Photos
- 28
- Property tax
- $7,208 / year
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Commercial Retail
- Class
- Commercial
- Age
- 100+
- Community
- Marmora Ward
- Municipality
- Marmora and Lake
- Cross street
- Hwy 7
- Zoning
- MC
Inside
- Bathrooms
- 4
- Washrooms
- 4
Parking
- Garage
- Other
- Driveway spaces
- 8
Land
- Lot
- 91.04 × 304.61 feet
- Shape
- Rectangular
Heating, cooling and services
- Heating
- Other
- Cooling
- Yes
- Water
- Municipal
- Sewer
- Sanitary
Listing
- MLS number
- X12868154
- Status
- Price Change
- Previous status
- New
- Listed on
- 2026-03-10
- Expires
- 2027-04-10
- Taxes
- $7,208 (2025)
- Board
- Central Lakes Association of REALTORS
Listing history
This address has been listed 3 times.
Where this property is
Where this address sits, matched against open government data.
Matched to a published address point for this address.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Sacred Heart Catholic School Algonquin and Lakeshore CDSB | Elementary | 470 m | / 10 74% met the standard · 3 of 6 measures |
| Marmora Public School Hastings & Prince Edward DSB | Elementary | 1.1 km | / 10 59% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 699 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35120292 — the few blocks around this address, home to 699 people. It describes the area, not this property.
Percentages are of the 375 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.
