News Flashes about our Lake and our Community:
POSTED | April 7, 2022
Cottage Price Hike Land O' Lakes Biggest Jump
Here's some great news from the publishers of Cottage Life Magazine:
'All of Ontario’s cottage regions saw a price hike in 2021, but some more than others. When it came to waterfront properties, the Land O’ Lakes, an hour north of Kingston, saw the biggest jump with a 60.7 per cent increase, the average price rising from $450,000 in 2020 to $723,000 in 2021. This was followed by Orillia, with a 51 per cent increase from $788,000 in 2020 to $1,190,000 in 2021–making it the most expensive cottage.'
Click on the link below for the full article.