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I have listed a new property at 97 NORTH SHORE Road in Pointe au Baril.
Year round 3 bedroom Condo on Georgian Bay. This year-round 840 sq.ft unit sits on a 1/8 acre plot giving it the possibility for expansion (A larger deck, a Sunroom, Extra living space, all are options). Not planning on using the unit full time, let the resort know & they will work to rent it out and offset your costs. PLEASANT COVE RESORT is a cottage resort, comprised of 16 cottage units, with access to some of the best boating & fishing available on The Bay. This is a great opportunity to have your own Georgian Bay cottage with all the +++ Dock Slip, Beach, Tennis Courts & a Swimming Pool overlooking Georgian Bay. Pointe au Baril is an entry point into an Archipelago of stunning islands in a Unesco World Heritage Site giving access to unlimited fishing spots and great swimming holes throughout the 30,000 Islands. Nearby attractions include the renowned Ojibway Club, Pointe au Baril Lighthouse and some of the best sunsets around. (id:2493)
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Records Broken Yet Again in Muskoka’s February Real Estate Scene

PUBLISHED: 5:03 PM MAR 15, 2021
UPDATED: 9:39 AM MAR 16, 2021
 

While February was frigid in northern Ontario, the Muskoka region real estate market was — yet again — on fire. According to the Canadian Real Estate Association (CREA), residential non-waterfront sales activity recorded through the MLS system totalled 242 units last month in Muskoka.

READ: Muskoka Sees “Tightest Market Conditions in History:” CREA

This marks a 30.8% increase from the same month last year, and sets a new sales record for February. Meanwhile, there were 102 waterfront property sales recorded through February 2021… a marked increase of 88.9% year-over-year, and — you guessed it — this total sets a new sales record for the month.



Where year-to-date data is concerned, residential waterfront sales are up 12.8% so far this year over last year, with a total of 388 units changing hands in the first two months of 2021. Waterfront sales have increased even more — 95.7% — with 180 units sold to date this year.



“Sales of non-waterfront residential and waterfront properties both set new records for the month of February as the breakneck pace of demand continues into 2021,” said Chuck Murney, President of the Lakelands Association of Realtors.

“It’s the same story as the past several months only more so – inventories are down to record lows, homes are spending the least amount of time on market before selling in history, and competition among buyers is driving prices to fresh record levels.”



According to the MLS Home Price Index — which tracks price trends far more accurately than is possible using average or median price measures — the overall MLS HPI single-family benchmark price was $505,300. This marks an uptick of 38.2% from last February’s amount.



Median prices for non-waterfront and waterfront property sales last month were $590,500 and $837,500 respectively. The former shows a significant gain of 50.3% year-over-year, while the latter boasts a 67.5% increase.


Another record is set when total dollar values are considered: residential non-waterfront sales saw $154.6 million come in through February 2021, marking an 87.8% jump from February 2020.

Waterfront sales, meanwhile, amounted to $107.2 million, more than doubling the levels from a year prior (read: that’s an increase of 199.4%).

According to CREA, the dollar volume of waterfront homes sold hasn’t been this high during February in more than 20 years.

But really, when cottage country property-owners have got what literally everybody wants, how could we possibly be surprised that the records keep on rolling in? Muskoka region has been seeing its “tightest market conditions in history,” after all.



Written By Kayla Gladysz  |  STOREYS Publishing Inc. 

Outside of writing about real estate news and bathtubs she wishes she could call her own, Kayla loves taking leisurely strolls, baking (and eating) sourdough bread, and reading Mary Oliver by candlelight. She also believes the Twilight: New Moon soundtrack is "genuinely great."

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Muskoka Sees “Tightest Market Conditions in History”: CREA

PUBLISHED: 1:39 AM FEB 18, 2021
UPDATED: 9:50 AM MAR 1, 2021
 

Continuing its streak of breaking records and taking names (okay, perhaps not the latter), Muskoka region is seeing its tightest market conditions ever with soaring January sales.

(We hate to say we told you so.)

This lack of inventory is being particularly felt in the waterfront category, according to new data from the Canadian Real Estate Association (CREA).

This is true, even as residential non-waterfront sales activity recorded through the MLS System for the Lakelands region was down 9.5% (15 sales) from January 2020. Indeed, even so, the month remained the second-highest for overall sales on record, totalling 143.

Meanwhile, waterfront property sales numbered 76 units in January 2021 — this count more than doubles that of the same month in 2020, surpassing the year earlier by 117.1% and setting a new sales record for the month of January.



“Sales of both non-waterfront and waterfront properties remained very strong to start the year, with waterfront activity taking centre stage,” said Chuck Murney, President of the Lakelands Association of Realtors.


“With sales and new listings moving in different directions the balance between supply and demand has tilted heavily in favour of sellers, with the Lakelands region seeing the tightest market conditions in history. With inventories already at record lows and little room to fall further it’s very likely that price growth will either continue to strengthen or remain at its current double-digit pace as buyers face increasing competition for a rapidly fading selection of listings.


READ: 2021 Could See the Tightest Muskoka Real Estate Market in Years



According to the MLS Home Price Index (HPI) — which tracks price trends far more accurately than is possible using average or median price measures — the overall MLS HPI single-family benchmark price was $483,300 in January 2021, up 35.5% year-over-year.



Where residential non-waterfront property sales were specifically concerned, the median price was a significant y-o-y gain of 39.2%, reaching a record $550,000. The waterfront property median price, meanwhile, reached $795,000 — this amount is also a record, jumping 60.6% over January 2020.



Last month, all residential non-waterfront sales combined to a total dollar value of $84.7 million. This sum stands 32.1% over that of January 2020, and the height of an all-home total dollar value hasn’t been this tall in more than 20 years, CREA reports.

Waterfront sales, meanwhile, reached a total dollar value of $77.2 million. This amount is an astounding 265.2% from the same month in 2020 and also sets a new January record.



It was still January when our cottage country intel predicted the region could see its tightest market in years through 2021. Already, the data looks to be catching up to this premonition. Meanwhile, the rental market continues to be nearly as competitive as resale, as eager city-dwellers clamour for a taste of nature during these uncertain times.

At this rate, Muskoka’s wild ride won’t be slowing down anytime soon. For anyone already on board, or who’s been planning to hop in, our advice is as follows: drink lots of water, keep your energy up, and — if you’re lucky enough to have one — hold on to your Hot property.


(Unless, of course, someone makes you an offer you can’t refuse.)



Written By Kayla Gladysz |  STOREYS Publishing Inc. 


Outside of writing about real estate news and bathtubs she wishes she could call her own, Kayla loves taking leisurely strolls, baking (and eating) sourdough bread, and reading Mary Oliver by candlelight. She also believes the Twilight: New Moon soundtrack is "genuinely great."


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I have listed a new property at 171 124 Highway in McDougall.
Well renovated 4 bedroom / 3 bathroom home on the shores of Bell Lake. Completely renovated and featuring vaulted ceilings and oversized sliding glass doors to take in the the natural privacy from all primary rooms. Features main floor primary (master) suite with walk-through closet and ensuite bath, as well as laundry and easy access to the attached double garage. Upstairs you will find plenty of 3 good sized bedroom allowing space for that home office. To the lake side you will find a good sized entertaining deck overlooking the 460 feet of private shoreline on Bell Lake... and yes, there is hard packed sand and good deep water docking. On the 3.7 acre property, filled with mature trees, there there is an old road-bed for parking all the toys and an overgrown trail that was once used as a cart path down to the waterfront. Book your showing soon, in this hot market this property will not last long. (id:2493)
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I have listed a new property at 0 LORIMER LAKE Road in Whitestone.
Are you looking for a little privacy, looking to escape the city? This could be what you are looking for.. 3 acres of high and dry vacant land with many suitable building locations. Set at the end of a year-round road, tucked between Lorimer Lake and Shawanaga Lake, this property is ready for your personal touch. Currently there is a rough little shack on the property in as-is condition not to be accessed. (id:2493)
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I have sold a property at 3 MARGARET Street in Parry Sound.
NICE FAMILY HOME IN PREFERRED NEIGHBORHOOD. Set on a flat lot with decent curb appeal sits this 3 bedroom / 3 bathroom home with good sized back yard with large deck perfect for relaxing and entertaining. Features a custom kitchen with stainless appliances open to the main dining area and bright rear yard. Nice sized living room with gas fireplace and sitting area off the kitchen. Efficient radiant in floor heating throughout the main floor. Second floor features a large primary bedroom with 3pc ensuite plus 2 more good sized bedrooms and main bath. The lower level is fairly raw but currently used for recreation & storage. This home has been well maintained by current owner and their tenants. Located 2 blocks from town beaches, walking trails and easy access to downtown and Georgian Bay waterfront. (id:2493)
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I have listed a new property at 3 MARGARET Street in Parry Sound.
NICE FAMILY HOME IN PREFERRED NEIGHBORHOOD. Set on a flat lot with decent curb appeal sits this 3 bedroom / 3 bathroom home with good sized back yard with large deck perfect for relaxing and entertaining. Features a custom kitchen with stainless appliances open to the main dining area and bright rear yard. Nice sized living room with gas fireplace and sitting area off the kitchen. Efficient radiant in floor heating throughout the main floor. Second floor features a large primary bedroom with 3pc ensuite plus 2 more good sized bedrooms and main bath. The lower level is fairly raw but currently used for recreation & storage. This home has been well maintained by current owner and their tenants. Located 2 blocks from town beaches, walking trails and easy access to downtown and Georgian Bay waterfront. As per sellers request, offers will be reviewed on the evening of Monday February 8th. (id:2493)
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I have sold a property at 20 WAUBEEK Street in Parry Sound.
CLASSIC 4 BEDROOM BRICK HOME IN PARRY SOUND WITH GARAGE /SHOP AND ALL THE RIGHT UPDATES! Known as 'Rosewood Cottage', this Charming 2,400 sq. ft. 4 Bedroom, 3 bath home sits on a premium 99' X 236' lot in one of Parry Sound's best communities. Boasting Custom Kitchen w/Quartz Counters, Stainless appliances, Original wood trim & doors and Warm hardwood floors. Generous dining and living rooms with natural gas fireplace & updated picture windows as well as Convenient main floor bedroom or office equipped with Fibre-Optic. 2nd Floor features a Master Suite with Sitting / Dressing room overlooking nature as well as 3 more well appointed bedrooms and 4 piece bath. Professionally Finished family room on lower level with unique chilled Wine Cellar as well as Workshop & Laundry. Natural gas boiler heating system, Enviroshake lifetime warranty roofing system and an Extra Deep, Insulated / Drywalled Double Garage with storage loft. Set in a Rare Country Setting With Georgian Bay Beaches, Fitness Trail & Downtown just minutes away! (id:2493)
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I have sold a property at 173 124 Highway in McDougall.
Set on Bell Lake, just 10 minutes to Parry Sound, sits this Year Round Home or Cottage. With 4 bedrooms and 3 bathrooms on 2 levels, this home on just over 3 acres is well suited for extra guests. True hardwood floors and vaulted pine-lined ceilings throughout the main floor lend to that comfort feeling. Cozy by the wood burning fireplace on the chillier nights or relax with friends & family on the spacious front deck that spans the entire front side of the cottage. The walkout lower level features a spacious family room, a guest suite, a bonus room plus laundry with loads of storage space. Rounding out this package is a 20' x 32' insulated garage suitable for plenty of the toys. The 295' of shoreline has been partially developed with approximately six feet off the end of the current dock. Bell Lake is approximately 2km long with minimal development on the opposite shoreline. (id:2493)
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I have listed a new property at 20 WAUBEEK Street in Parry Sound.
CLASSIC 4 BEDROOM BRICK HOME IN PARRY SOUND WITH GARAGE /SHOP AND ALL THE RIGHT UPDATES! Known as 'Rosewood Cottage', this Charming 2,400 sq. ft. 4 Bedroom, 3 bath home sits on a premium 99' X 236' lot in one of Parry Sound's best communities. Boasting Custom Kitchen w/Quartz Counters, Stainless appliances, Original wood trim & doors and Warm hardwood floors. Generous dining and living rooms with natural gas fireplace & updated picture windows as well as Convenient main floor bedroom or office equipped with Fibre-Optic. 2nd Floor features a Master Suite with Sitting / Dressing room overlooking nature as well as 3 more well appointed bedrooms and 4 piece bath. Professionally Finished family room on lower level with unique chilled Wine Cellar as well as Workshop & Laundry. Natural gas boiler heating system, Enviroshake lifetime warranty roofing system and an Extra Deep, Insulated / Drywalled Double Garage with storage loft. Set in a Rare Country Setting With Georgian Bay Beaches, Fitness Trail & Downtown just minutes away! (id:2493)
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I have listed a new property at 173 HWY 124 Highway in McDougall.
Set on Bell Lake, just 10 minutes to Parry Sound, sits this Year Round Home or Cottage. With 4 bedrooms and 3 bathrooms on 2 levels, this home on just over 3 acres is well suited for extra guests. True hardwood floors and vaulted pine-lined ceilings throughout the main floor lend to that comfort feeling. Cozy by the wood burning fireplace on the chillier nights or relax with friends & family on the spacious front deck that spans the entire front side of the cottage. The walkout lower level features a spacious family room, a guest suite, a bonus room plus laundry with loads of storage space. Rounding out this package is a 20' x 32' insulated garage suitable for plenty of the toys. The 295' of shoreline has been partially developed with approximately six feet off the end of the current dock. Bell Lake is approximately 2km long with minimal development on the opposite shoreline. (id:2493)
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I have listed a new property at 100 NORTH SHORE Road in Pointe au Baril.
Perched on a Granite Ridge with a stunning view overlooking Pleasant Cove and Georgian Bay islands sits this masterfully created home. Designed to take full advantage of the landscape and the long westerly views, this home boasts 4+ bedrooms & 3 1/2 baths. The sun-soaked great room with inspiring stone fire-place and vaulted ceiling is the cornerstone of this home; Centrally placed with master suite and home office at one end; kitchen / dining rooms and walkout to the water-view deck at the other. Head up the floating staircase to the loft set outside 2 junior bedrooms & 4pc bath. The lower level is equipped with a workout room, games area and family rooms plenty of room for entertaining and relaxation. A guest bedroom, music room and 4pc bath round out the package. Be sure to ask about exclusive docking privileges and possible use of waterfront facilities at Pleasant Cove Resort. (id:2493)
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I have sold a property at 24 FRONTENAC DRIVE in McKellar.
Set on a northwest facing lot on Grey Owl Lake sits this well maintained 3 bedroom cottage with a great bunkie for the kids or overflow guests. The original viceroy style cottage sits on a perimeter wall foundation with a nice addition off the front providing a bright and airy space and a great view across to untouched land. Shift to the shoreline and there is a great waterfront deck to relax and enjoy or drop down to the dock and deep water shoreline. With exposed rock outcroppings and perennial gardens and very little grass to cut, this property allows for plenty of down time. Come see all that this cottage has to offer. (id:2493)
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I have sold a property at 7 Belvedere Avenue in Parry Sound.
Century Home located on sought after Belvedere Avenue. This 5+ bedroom family home with R3 zoning boasts nearly 3000 sq.ft. of living area on 3 floors with a solid blend of classic features as well as many upgrades. The stunning kitchen with loads of natural light & exposed rough cut beams is centrally located between the formal living room, study (or formal dining room) and the more relaxed dining area leading out to the back deck/patio. Set above are 2 more floors with 4+ bedrooms & 3 bathrooms including the spacious master suite. To the back of the house there is a granny suite turned family room with a yet-to-be-renovated bedroom above. Many major upgrades completed. With a five minute walk to registered Blue Flag Beaches, fitness trails, the downtown shopping core and Parry Sound's vibrant waterfront, this home in the heart of Parry Sound can be yours to enjoy.. (Coming to MLS on Monday August 17th, Holding Offers until August 24th)
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I have sold a property at 7 BELVEDERE Avenue in Parry Sound.
Century Home located on sought after Belvedere Avenue. This 5+ bedroom family home with R3 zoning boasts nearly 3000 sq.ft. of living area on 3 floors with a solid blend of classic features as well as many upgrades. The stunning kitchen with loads of natural light & exposed rough cut beams is centrally located between the formal living room, study (or formal dining room) and the more relaxed dining area leading out to the back deck/patio. Set above are 2 more floors with 4+ bedrooms & 3 bathrooms including the spacious master suite. To the back of the house there is a granny suite turned family room with a yet-to-be-renovated bedroom above. Many major upgrades completed. With a five minute walk to registered Blue Flag Beaches, fitness trails, the downtown shopping core and Parry Sound's vibrant waterfront, this home in the heart of Parry Sound can be yours to enjoy (id:2493)
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I have sold a property at 152 NOBEL ROAD in Nobel.
Well maintained 2 bedroom home in the village of Nobel just outside Parry Sound. Set on a park-like lot, backing on to a pond and forested yard, this 1050 sq'ft home is the perfect size for a mature owner or small family. The main living areas are more traditional in style with the dining room set off the kitchen & a pass-through between the kitchen & living room. The two bedrooms are a comfortable size & the large bathroom is equipped with an enjoyable jetted tub. The oversized double garage is large enough for a little work shop and has a little refinement with tiled floor. You will love how well maintained this home is, from the newer flooring to the updated decks (2014) & new roof (2018). This one will not last long! (id:2493)
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I have sold a property at 39 MANITOU Drive in McKellar.
Year-round waterfront home / cottage on sought after Lake Manitouwabing. This near 'turn-key' Viceroy style cottage on Tait's Island with long southwesterly views has been extensively renovated. Featuring open common rooms with walkout & plenty of windows focussed towards the waterfront and spacious decking. Nicely appointed master suite with walkout plus another bedroom & bathroom round out the main floor. Lower level hosts a family room with lake-side walkout, a secondary kitchenette, 2 more good sized bedrooms plus utility /storage room. The oversized garage is well built and equipped for plenty of storage/work space in addition to 2 good sized vehicles. Above the garage there is an unfinished room, currently used for storage but easily finished as extra living quarters. All this set on a quality gradual lot with a mixture of mature trees, lots of open areas to play. Clean shoreline with gentle entry & deep water off the dock. Manitou Drive is a municipal maintained year-round road. (id:2493)
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I have listed a new property at 7 BELVEDERE Avenue in Parry Sound.
Century Home located on sought after Belvedere Avenue. This 5+ bedroom family home with R3 zoning boasts nearly 3000 sq.ft. of living area on 3 floors with a solid blend of classic features as well as many upgrades. The stunning kitchen with loads of natural light & exposed rough cut beams is centrally located between the formal living room, study (or formal dining room) and the more relaxed dining area leading out to the back deck/patio. Set above are 2 more floors with 4+ bedrooms & 3 bathrooms including the spacious master suite. To the back of the house there is a granny suite turned family room with a yet-to-be-renovated bedroom above. Many major upgrades completed. With a five minute walk to registered Blue Flag Beaches, fitness trails, the downtown shopping core and Parry Sound's vibrant waterfront, this home in the heart of Parry Sound can be yours to enjoy (id:2493)
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I have listed a new property at 7 Belvedere Avenue in Parry Sound.
Century Home located on sought after Belvedere Avenue. This 5+ bedroom family home boasts nearly 3000 sq.ft. of living area on 3 floors with a solid blend of classic features as well as many upgrades. The stunning kitchen with loads of natural light & exposed rough cut beams is centrally located between the formal living room, study (or formal dining room) and the more relaxed dining area leading out to the back deck/patio. Set above are 2 more floors with 4+ bedrooms & 3 bathrooms including the spacious master suite. To the back of the house there is a granny suite turned family room with a yet-to-be-renovated bedroom above. While there are many major upgrades completed, there is still work to do to make this your own. This property is zoned R3 to provide plenty of options. (Coming to MLS on Monday August 17th)
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I have listed a new property at 152 NOBEL ROAD in Nobel.
Well maintained 2 bedroom home in the village of Nobel just outside Parry Sound. Set on a park-like lot, backing on to a pond and forested yard, this 1050 sq'ft home is the perfect size for a mature owner or small family. The main living areas are more traditional in style with the dining room set off the kitchen & a pass-through between the kitchen & living room. The two bedrooms are a comfortable size & the large bathroom is equipped with an enjoyable jetted tub. The oversized double garage is large enough for a little work shop and has a little refinement with tiled floor. You will love how well maintained this home is, from the newer flooring to the updated decks (2014) & new roof (2018). This one will not last long! (id:2493)
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