Bayshore Broadcasting Corporation
News Centre

News Centre


Thursday, June 6, 2019

That Cottage Will Cost You More

Regional | by Catherine Thompson  

Values of waterfront cottages around the region are up this Spring market time.

Do you buy or do you sell?

Values of waterfront cottages around the region are up this Spring market time.

In Collingwood, Thornbury and Meaford, the median price is just over a million dollars.

It's around half that price in Bruce Peninsula at $458,000.

In Muskoka, the median price for a cottage on the water will run you seven hundred thousand dollars.

It's $784,000 in South Muskoka and Orillia.

Real estate officials say the reason for the price increase, which is up 7.2 percent for a single family home in Ontario, is low inventory, as retirees compete with young families looking to get away from the city.

share this story



Bayshore Broadcasting Corporation
© 2020 Bayshore Broadcasting Corporation

Web Site by Websmart Inc