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Canada’s golf homes are attracting more buyers

Residences that have a contemporary aesthetic with a rustic touch include condos, homes, and villas; Prices start at around $310,000. Owners can enjoy amenities like tennis, an infinity pool, spa, hiking and mountain biking trails, skiing, and snowshoeing.

Oviinbyrd Golf Club on the southern tip of Lake Joseph is another private course and is considered ultra exclusive. As a result, homes for sale near the club are expensive, Mr Woof said, with prices starting at $2 million.

However, according to Mr. Woof, many Gulf property buyers are buying single-family homes that are not part of planned developments (these properties are called cottages, giving Muskoka his nickname for cottage country). “Ideally, you want a lakefront property to get the most out of lakeside living,” he said. Prices for a home on the upper lakefront start at $750,000 but drop to $550,000 for a home away from the water.

Residential properties are being sold at a brisk pace in Muskoka amid the pandemic. According to the Lakelands Association of Realtors, which covers both Muskoka and the surrounding areas, waterfront real estate spent an average of 20 days on the market in the fourth quarter of 2021, compared to 24 days in the fourth quarter of 2020. Also, the median selling price for waterfront real estate in the region increased 12.2 percent year-on-year to approximately $659,000 in the fourth quarter of 2021.

Homeowners who play golf can participate in many other activities when they are not on the course. As in the Okanagan Valley, ice skating, ice fishing, and snowmobiling are popular winter pastimes; Cross-country skiing is also popular. Summer means spending time on the lakes and boating, swimming, kayaking and fishing.

Muskoka’s proximity to Toronto Pearson International Airport (about a two-hour drive), which offers flights to and from major cities around the world such as London, New York and Munich, means the destination attracts a diverse range of international shoppers.

“We see people from France, England, Switzerland, Los Angeles, Chicago and more,” said Mr. Woof.

Muskoka’s easy-going lifestyle is comparable to that of the Okanagan Valley.

“You end a day of golf with a drink while watching the sun go down, perhaps around your fire pit, and then have a great dinner,” said Mr. Woof. “We enjoy living a good life.”

https://www.nytimes.com/2022/04/01/realestate/canada-golf-homes.html Canada’s golf homes are attracting more buyers

Luke Plunkett

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