Canada’s Golf Homes Attract More Buyers

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With a contemporary aesthetic with a rustic touch, residences include apartments, houses and villas; prices start at $310,000. Owners can enjoy amenities like tennis, infinity pool, spa, hiking and mountain biking trails, skiing and snowshoeing.

Oviinbyrd Golf Club at the south end of Lake Joseph is another private course and is considered very special. As a result, homes for sale near the club are expensive, Mr Woof said, with prices starting at $2 million.

But according to Mr. Woof (these properties are called cottages, giving Muskoka the cottage-rural nickname) many golf home buyers purchase single-family properties that are not part of planned developments. “Ideally, you want a property on the lake to get the most out of lake life,” he said. Prices for a handyman-upper lake house start at $750,000, but drop to $550,000 for a home away from the water.

After the epidemic, residential real estate is selling rapidly in Muskoka. According to the Lakelands Association of Realtors, which covers Muskoka and surrounding areas, waterfront properties averaged 20 days on the market in the fourth quarter of 2021, compared to 24 days in the fourth quarter of 2020. The selling price of waterfront properties in the area rose 12.2% year-on-year to $659,000 in the fourth quarter of 2021.

Homeowners who are golfers can engage in many other pursuits while off the course. Like the Okanagan Valley, ice skating, ice fishing and snowmobiling are the main winter pastimes; Cross-country skiing is also popular. Summer means spending time around the lakes and boating, swimming, canoeing and fishing.

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

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

Muskoka’s laid-back lifestyle is comparable to that of the Okanagan Valley.

“While you watch the sunset, maybe you close a day of golf with a drink around your fire pit and then have a great dinner,” Mr. Woof said. “We enjoy living the good life.”

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