The ultimate wish list cottage property on Lake Joseph! Breathtaking property that combines style and elegance in a custom built cottage and boathouse that truly matches the spectacular granite and pine covered surroundings. With 600 feet of lake frontage and 16 acres of true forest, there is plenty of privacy and land to enjoy.
As the last of the snow melts around the province, Ontarians are beginning to shed those winter layers and think about the best season of all – cottage season! If you own a cottage or country property that you are looking to rent out for all or part of the summer, the time to list it is now! So grab your Realtor, and get started on that rental ad. Here are just a few tips to get you started…
We can dream can’t we? Dusk. Cicadas. The sound of ice clinking in your glass. Kids calling to one another on the street. The promising scent of a grill heating up. The backyard oasis seems like a shimmering mirage right now to be fair. I am so looking forward to getting things set up and returning to our outdoor living way of life. Great cushions, hurricane lamps and outdoor rugs are practically throwing themselves at me in stores and in catalogues. City, cottage or country, food just tastes better on the back deck or on the dock. Here are some super charming shots to get you primed to feather your own great outdoors.
This impeccably designed 2-storey family home sits in prime Lytton Park. Gluckstein designed interior, and a gourmet eat-in kitchen with top of the line appliances. The large family room with soaring 11′ ceilings is a delight, with 2 walk-outs to deck and backyard. All bedrooms have ensuites and walk-in closets. Full basement with entertainment room, gym, steam room and dry sauna. High-end light fixtures and custom drapery throughout included. Incredible attention to detail! The western neighbour to Lawrence Park, Lytton Park is similarly characterized by its family-friendsly atmosphere and tree-lined streets.
Where have all the listings gone? Could it be that they have been entombed by several feet of snow or encased by solid layers of ice, with a relentless and brutal winter reluctant to relinquish its powerful grasp? While skiers and even snow shoers will no doubt benefit right through Easter and potentially beyond , spring property sales may well be delayed because much of the area remains firmly within winter’s embrace. As indicated, in earlier reports, while hard to attribute real estate activity to any one source, there is no question that a particularly long and harsh winter has complicated travel to and from the area as well as access to, and the ability to appreciate or get a clear sense of, properties in the region. In any event, and for whatever reason, property inventory is remarkably low and significantly trails listing trends established over the last few years, all of which is resulting in a fairly tight market with upward pressure on prices, despite fewer sales.
There were few surprises in the residential resale data that emerged for March sales in the greater Toronto area. The trend continues. Low inventories of available property’s are driving sales and average sale prices, fueled by historically low mortgage interest rates. Rates might even get lower before they start to rise. At the end of March the Bank of Montreal made available a five year mortgage with an interest rate of only at 2.99 percent. Since mortgage interest returns are the banks’ primary source of revenue, increasing competition amongst banks, and no doubt lower rates over the short term, can be anticipated. This is no doubt good news for Sellers who find themselves with multiple bidders for their properties, all hoping to purchase a property before mortgage interest rates begin to rise.