“Affordable Muskoka” IS NOT an Oxymoron… Yet!

All The Convenience At a Fraction Of The Price

dinin
   2 bdrm renovated condo in seniors’ lowrise $239,900/$461 monthly maintenance 
kitchen
Large renovated kitchen in the Town of Bracebridge seniors’ condo $239,900

Sometimes I feel like kicking myself for not holding onto a home in Toronto as the prices have risen to ridiculous levels. However, I only have to spend ten minutes in Toronto traffic to remind me that the trade-off was worth it.

 

Two hours north, Muskoka is a huge and vast region that covers almost the same area as the GTA. It is comprised of several towns like Huntsville, Port Carling, Gravenhurst and Bracebridge, smaller villages and hamlets in between and, of course, lots of lakes.  In my youth, when we came to the cottage from Toronto to Muskoka, mom would grocery shop in the city because there just wasn’t the variety up here and the prices were jacked up. Decades later Muskoka can boast about having pretty well everything one needs to live an incredible modern life. These days if Sobey’s, Wallmart, Shopper’s, LCBO or Home Depot doesn’t have it you can either travel an hour to Barrie or simply order it online.

Cottages have changed from a summer place where you dump the furniture you no longer want in the city to a place that is fully equipped for year-round use. And as I predicted twenty years ago, more than a home in Toronto, a cottage is an excellent investment. Where Toronto housing is spreading to the outskirts,  God ain’t making any more lakes. “What we have is all we’re gettin’.” 

However, for the time being, homes in the towns and villages of Muskoka have remained reasonable.  So when the time comes to sell that city house for $2.3 million   you paid $27,000 for fifty years ago, you can purchase an incredible home here in Muskoka for what is a bargain compared to Toronto. As I previously mentioned, today Muskoka has everything from fine dining to highly regarded hospitals, a variety of arts and cultural events to parks at your doorstep. Depending on where you buy, Toronto is a mere 2 to 2 3/4 hours away. (Actually, Gravenhurst is only 1 1/2 hours.) Taxes in the towns are reasonable and there you have water and sewers, parks, shopping, high-speed internet plus other amenities.

Offered at $249,900.  Newly renovated on 3/4 of an acre lot located in a small and historic Muskoka community.

For the time being buying here off-water in Muskoka is affordable, however, I must admit that I have seen a steady increase in prices and less product on the market. I think the word is out as more and more people are leaving the city for a life that is equally convenient but less stressful here in the Muskoka region.


Vince Grittani has been a licensed salesperson for fifteen years both in Muskoka and Toronto. He recently joined Solterra Realty Inc. Brokerage, in Port Carling, the heart of the region.  Vince has personally been buying and selling houses for thirty-five years and has owned and/or co-owned several cottages, city and country homes, condos and co-ops, attached and semis, both new and old construction on vacant and built upon land.

He is also known for his vast experience with cottage living and his contributions to the local and cultural community. Vince has written on a variety of topics for such publications as the National Post, Post Homes, Cottage Dog and Muskoka magazine, plus has produced and written extensively for television, stage and other media.  He owns and runs the successful casual TWG GUEST HOUSE in the village of Rosseau and  is the author of “The Weekend Guy; A Survival Guide” (Key Porter Books)   vince@weekendguy.com     www.weekendguy.com

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