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We had no idea that the prices on this lake would escalate that high Cottage country sales spike

Posthaste: Rural rush — the real housing bubble is in Ontario s cottage country

Rest-and-recreation destinations may give sleepless nights to those who were late to the market Author of the article: Yadullah Hussain Publishing date: May 03, 2021  •  6 hours ago  •  6 minute read  •  Two Muskoka chairs on a rock formation facing a calm lake. Accross the lake there s a cottage. Photo by Getty Images/iStockphoto Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content Good morning! If you thought Canadian residential detached and semi-detached prices were out of control, take a look at Ontario’s cottage country. Canada-wide prices have jumped 20.1 per cent year-on-year, with Greater Toronto rising 16.5 per cent and 6.8 per cent in Greater Vancouver, according to The Canadian Real Estate Association.

Buying a private island has become the latest property craze

Article content Many Canadians realized a year ago that they would be spending at least the next few months at home due to the fallout from COVID-19, so they started making improvements. Some renovated their home offices or kitchens. Others bought new homes with larger floor plans and more outdoor space. But a select deep-pocketed few decided to go a little further in their quest for pandemic comfort: they bought entire landmasses. Brokers who specialize in private island real estate say 2020 was a banner year for sales, as moneyed buyers began considering the advantages of owning property that doesn’t have any land borders with the rest of the world.

Buying a private island has become the latest property craze

Buying a private island has become the latest property craze
draytonvalleywesternreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from draytonvalleywesternreview.com Daily Mail and Mail on Sunday newspapers.

Buying a private island has become the latest property craze

Buying a private island has become the latest property craze
coldlakesun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coldlakesun.com Daily Mail and Mail on Sunday newspapers.

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