Property

Property

Lake Joseph Sold Cottages 2021

Lake Joseph cottage, Muskoka

Recreational Property Sales 2021

(Lakelands Real Estate Board) In 2021 there were 13 freehold waterfront properties sold on the Lakelands Real Estate Board. This included cottages, lake homes and vacant waterfront lots. They ranged in price from $725,000 to $8,048,819 with many selling in the $3,500,000-$6,000,000 range.

Inventory was low throughout the year and the demand was very strong leading to many multiple offer situations with some properties going well above the asking price. Early indications look to a similar situation for the 2022 selling season.

In 2020 there were 32 freehold properties sold on the lake between the $895,000-$11,950,000. This is more than double 2021 sales numbers. Many families who have owned cottages for generations have decided not to sell since once they're out of the market it can be very difficult to get back in.

Sold Lakefront - 2021

MLS® # Address Sold Price
40077727 4 HUMPHREY Road $1,300,000.00
40075986 1028 MURPHY Road $1,853,000.00
40177099 1327 CARLINGFORD Road $2,150,000.00
40062834 1030 HEMLOCK POINT Side Road $2,550,000.00
40044509 9A VERONICA GENE Lane $2,825,000.00
40092974 12 PLAYFAIR Island #3 $3,150,000.00
40109588 177 JEAN MARIE Road $3,675,000.00
40053393 117 [A&B] STEELES Road $3,925,000.00
30818512 1153 ROBERTS BAY Road #11 $4,375,000.00
40099743 1 HOPE Island $4,700,000.00
40167300 324A STANLEY HOUSE Road $6,000,000.00
40067765 89 & 91 TRAILS End $8,048,819.00

 

Lake Joseph Quick Stats for 2021
  • Average Price(rounded) 2021 - $4,200,000.00
  • Median Price(rounded) 2021 - $3,300,000.00
  • Properties Sold in 2021 - 13 Units including cottages & vacant waterfront
  • Properties Sold in 2020 - 25 Units including cottages & vacant waterfront

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