Lake of Bays Real Estate Blog

Muskoka Architecture: Fall Cottage Styles That Blend with Nature

Spotlight on Muskoka Architecture Muskoka’s natural beauty shines brightest in the fall, as the forests transform into a vibrant palette of reds, oranges, and yellows, framing the region’s pristine lakes and offering breathtaking views at every turn. For many, owning a cottage in Muskoka means more than just acquiring a…

What Happens When A Buyer Can’t Close

  When a buyer cannot close a real estate transaction in Ontario, the situation can lead to significant financial and legal repercussions. Here’s a breakdown of what happens and what both buyers and sellers need to know: Forfeiture of Deposit The first consequence is the loss of the buyer's deposit.…

The Real Deal on Real Estate Awards: Do They Even Matter

  Do Real Estate Awards Really Matter? On a recent Zoom call, a client noticed the wall of awards behind me in my office. Their reaction? "Wow! You’ve got a ton of awards!" That comment got me thinking—what do all these real estate awards really mean? In the world of…

August 2024-Market Snapshot

LAKE OF BAYS An overview for both buyers and sellers of waterfront properties in the township of Lake of Bays for August 2024 highlighting key metics and trends. Trends For Sellers: Sales Activity and Listings: In August 2024, sales activity dropped to 13 transactions, representing a 44.4% increase compared to…

Planning Changes to Your Waterfront?

If you are planning changes to your waterfront in Lake of Bays here is what you need to know about the Community Planning Permit System (CPPS). CPPS The Township of Lake of Bays has implemented a new Community Planning Permit System (CPPS) to streamline the approval process for zoning, site…

Discover Dwight Lake of Bays

Dwight - Gateway to Algonquin Park The Tom Thomson Parkway is more than just a road—it's a journey through the heart of Ontario’s breathtaking landscapes and a passageway into the life and legacy of one of Canada’s most iconic artists. Stretching from Huntsville to the western gateway of Algonquin Park,…

Muskoka Market Update – July 2024

The latest numbers from the Lakelands Association of REALTORS® provide some interesting insights into the Muskoka and Lake of Bays real estate market as we move deeper into 2024. While the overall residential activity shows a slight shift, the underlying trends reveal some opportunities and challenges for both buyers and…

How Your Property Value Determines Your Tax Bill

I often get asked, "How does MPAC—the Municipal Property Assessment Corporation—come up with their property value estimates?" It’s a great question because the assessment they give your property isn’t just a number; it’s the foundation for determining your mill rate, which ultimately influences how much you pay in municipal property…

Top 5 Factors Affecting Waterfront Values

Investing in a waterfront property in Muskoka / Lake of Bays is more than just acquiring a slice of paradise. It’s about understanding what truly drives the value of these properties. Here, we’ll explore the top five factors that impact the value of waterfront real estate in these sought-after regions…

Island Life in Muskoka: The Perks and Pitfalls

Owning a water access or island cottage in North Muskoka and Lake of Bays is a dream for many seeking tranquility and natural beauty. These properties offer unique advantages but also come with certain challenges. Here's a balanced look at the pros and cons to help you decide if this…

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