Cottage Q&A: With the recent interest rate cut, is now a good time to buy a cottage?
Last week’s Bank of Canada interest rate cut caught the attention of potential cottage buyers. Ottawa-based mortgage broker Andrew Thake will tell you that his inbox was flooded with client messages after the announcement. But is the 25-basis-point drop enough to throw in a cottage bid, or should you wait to see how the market […]
Muskoka Cottage Market 2024: What’s Ahead
The 2024 market is off to the races with a number of waterfront sales transacting in the last week. Let’s review what happened in 2023 and where we think it may go from here Takeaways. In 2023 there were 148,126 residents, permanent and seasonal, living in Muskoka. Wild that $1.23 billion dollars of real estate traded hands […]
There is Much Speculation
Read the full article on page 33 of the Home Plus Magazine here.
Oh Muskoka
The Beauty of Island Cottaging on Lake Muskoka
Three of the biggest islands on Lake Muskoka are Browning, Eileen Gowan and Miller Island. The properties on all of these islands vary in size, topography, views, and popularity. At the time of writing, there are 16 island properties (boat access only) on Lake Muskoka on the market, with the highest price being $17.5m, and […]
Meet The Agent: Kelly Fallis, Chestnut Park Real Estate
via Storeys.com MEET THE AGENT Meet The Agent: Kelly Fallis, Chestnut Park Real Estate It’s time to say “Hello” to real estate agent Kelly Fallis of Chestnut Park Real Estate, who serves South Muskoka and Lake Muskoka islands. Meet The Agent September 11, 2023 11:06 am Welcome to Meet the Agent, an ongoing series […]
BOAT-ACCESS PROPERTIES HAVE A UNIQUE CHARM OF THEIR OWN
The word ‘cottage’ conjures up all manners of feelings and memories, but for Kelly Fallis the thoughts immediately go to leaving her vehicle and getting in a boat. Kelly has been cottaging on an island since 1992, when her family purchased a new summer residence. “I vividly recall that first boat ride across to our […]
Listing of the week: This island cottage has room for the whole family (and a ton of privacy)
1384 Browning Island, Bracebridge, Ont. Lake: Lake Muskoka, Ont. Bedrooms: 7 Bathrooms: 3 Lot size: 5.037 acres Frontage: 463 feet Living area: 2,685 sq. ft. Asking price: $2,775,000 Taxes: $7,798 Date listed: June 30, 2023 Listing agent: Kelly Fallis, Chestnut Park Port Carling About the property A not-to-be-missed, updated island compound! Situated on a five-plus […]
A LOCAL REALTOR CAN BRING YOU SUCCESS
The pandemic has shaken up the real estate market and Muskoka is no exception. Kelly Fallis, Salesperson with Chestnut Park, says while there are many positives with this new reality, it has created one hiccup: demand outpacing supply. “COVID changed the world, but what’s just coming to light now is that the Muskoka real estate […]
Muskoka Flood 2023
100 year flood they said! Seems to be the 4 year flood now; queue Mother Nature! Many of you found me on Instagram or Facebook circa 2019 when my daily musings about flooding on social media became the most devastating of realities. Catch that recap here. April 18, 2023 started the Day 1 count of […]
