The first quarter of 2022 revealed a very slow start to the year for waterfront sales. Inventory levels were down considerably since 2021. Due to the low number of sales, the overall change year-over-year is not a reliable indicator of market values for 2022.
This first-quarter review will examine the key Lake Simcoe waterfront markets of:
- Georgina
- Innisfil
- Oro-Medonte
- Orillia
- Ramara
- Beaverton
Market Highlights
Sales Activity
The overall average price of waterfront property in Georgina climbed by 104% since the previous year however, this data is based on the small number of sales reported in Q1.
- Georgina reported one significant sale of $3,000,000 on a list price of $3,200,000. The lowest selling price reported was $1,430,000 on a list price of $1,299,000.
- Beaverton also had a significant sale on Moorlands Drive of $3,800,000 on a list price of $3,999,000.
- Oro-Medonte currently has only two listings on MLS, both in Shanty Bay and priced at $6,850,000 and $18,900,000 respectively.
- Ramara has 6 active listings on MLS, 2 of which were listed in 2021 and expired in the Q4 of 2021. Both properties have been relisted in Q1. Ramara reported 8 sales in the range from $972,500 to $1,918,000. The average days on market was 25.
- Orillia’s sales volume was minimal with only 2 sales reported. There are currently 4 properties for sale ranging in price from $1,449,900-$3,599,000.
- Innisfil reported 6 sales in Q1 ranging in price of $1,300,000 to $2,2025,000. There are currently 7 properties listed, 4 of which are in Friday Harbour and the list prices range from $2,200,000 to $2,999,000.
Sales Activity
In total, there were 31 waterfront sales this year between January and March, a decrease of 44% compared to last years 55 sales.
The only significant market condition that can be a point of reference is the lack of sales activity and lack of inventory of waterfront properties available during the first 3-months of 2022.
(NOTE: Our annual reporting only includes properties sold above $300,000 on Lake Simcoe/Lake Couchiching. Canal, island, or riverfront sales are excluded from our analysis with the exception of Friday Harbour.)
All data used in this report was obtained from The Toronto Real Estate Board.
This publication is not to be copied or duplicated without the express written permission of Roxanne Finn or Claxton Finn.
This publication is not intended to solicit buyers or sellers currently under contract with a brokerage.
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For Sale: 334 Metro Road N, Georgina
Sweet 3 bedroom home that has a light and airy feel to the interior. Vaulted ceiling with open concept design creates a welcoming feel with plenty of natural sunlight all afternoon. Hardwood floors in bedrooms. Updated interior ready to be moved in to. It is a special place to call home or cottage.
Large wrap-around deck features West-facing views of 2-acre park of which you would be a 1/10th owner. Private dock for all park owners. Deeded Lake Simcoe access is rare to find. Very private setting with mature trees.
$964,000
Message us today for more information or to book private showing.
staging by @chateau_designandstaging
photography by @ishutterphoto
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20 Quiet Heights Lane, Georgina provides views of the lake from all spaces on the west side of them home, including the great room, kitchen, dining area, and primary bedroom.
You will enjoy the morning sunrise from the front covered porch and of course, sunset views from the lakeside. The natural sunlight fills the home with warmth and light all day long. It’s tranquil, serene, and welcoming.
In the design stages, the current owner had some important “must-have’s” including a Muskoka like feel, spaciousness, sun-filled rooms, and an “understated elegance“ carried throughout the home.
Some of the interior features include:
– 3 bedrooms on main level and 2 additional bedrooms on the lower level
– 3 full bathrooms plus powder room
– 10.9 ft ceiling height on the main level and 9 ft ceiling height on the lower level
– Great room includes custom millwork and 13 ft vaulted coffered ceiling
– Gourmet kitchen with upgraded appliances
– Spectacular light fixtures including ceiling fans in each bedroom
– Custom drapery and blinds
– Radiant heated floors in kitchen, primary ensuite and the entire lower level
– Surround sound system both indoors and outdoors
A full list of room features, additional images, virtual tour, and more can be found on our website (link in bio).
This listing is also available on realtor.ca (MLS# N5657656)
Listing Price: $1,935,000
DM us to book a private viewing.
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Just Listed: 20 Quiet Heights Lane, Georgina.
When you combine the attention to detail of a quality builder with the owner’s vision to create a sanctuary home, the result is spectacular.
This home offers a “Zen” feel immediately upon your arrival.
The landscaping is wonderfully appointed with a collection of perennial gardens, shrubs, mature trees and privacy hedges on both sides, which is home to many birds. There are several seating areas promote great conversation with family and friends or a place to enjoy some quiet time when you want to be alone and enjoy nature all around you.
This is a wonderful home to entertain in both indoors and outdoors. The raised balcony includes a covered area where you can enjoy a summer rain shower. The open area provides lots of space for your chaise loungers to get some sun and watch an array of boats on the lake.
The lower deck is covered and a perfect location for the 7-seater plus lounger hot tub along with another separate seating area to enjoy the lake views.
Listing Price: $1,935,000
DM us to book a private viewing.
The full listing can be found on our site & on realtor.ca (MLS# N5657656)
Photography @ishutterphoto
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We just published our May 2022 Condo Market Report, presented by @kw.condos
Find it on our Blog. Link in Bio.
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332 Blanche Street, Sarnia. #justlisted
This charming 3+1 bedroom century home is located in an established area of Sarnia offering lovely streetscape, large mature trees, wide streets and boulevards.
The family have maintained the home and updated the interior features over their many years living here since 1975. The shingles were replaced in 2022. There were two additions including a a two-storey addition with a large family room, sun room and additional bedroom on the 2nd floor.
There is lots of space to entertain family and friends. The living room includes a gas fireplace and overlooks the formal dining room. The sun room includes a gas fireplace, large windows and double patio doors.
The oversized fully finished & insulated 3-car garage includes an upper level coach house which is completely finished. This is a great space for extended family and serves as an in-law suite or potential income if approved by the City as an auxiliary dwelling.
The mature front yard boasts beautiful mature trees, gardens and a seating area. The backyard has a large paved courtyard and provides parking for 3 vehicles.
$645,000
PM is to book a showing today.
Staged by @chateau_designandstaging
Photos by @ishutterphoto
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Backyard views from 216 River Birch St, Kitchener.
Open House Sunday June 5 1-4PM
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216 River Birch Street is now live on MLS. Located in the hills of Hidden Valley, nestled amount some of the finest homes in Waterloo region.
Open House Sunday June 5, 1-4PM
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