With Canada’s real estate market being one of the hottest in the world, every part of the country is seeing an influx of interest, demand, and activity. Across each province, the search for affordable housing is at the forefront of everyone’s mind, affecting the economy and every major industry. However, there are hidden gems within the country that are often overlooked when it comes to real estate opportunities – Muskoka quite often being one of them.
Simon Kronenfeld, founder of AJGL Group, is one of Canada’s biggest real estate professionals, is an example of someone who has seen the value places such as Muskoka have to offer to the market. Planning a prominent project, Muskoka Harbour, along Lake Muskoka, Kronenfeld is designing a property that offers residents affordable housing with a high-end lifestyle.
Where is Muskoka?
The district municipality of Muskoka lies within central Ontario, about a 2-hour drive up north from the city of Toronto. In close proximity to the greater Golden Horseshoe region and bordering Algonquin Park, Muskoka is home to many historic villages and beautiful beaches and waterfalls, along with forests, lakes, and shorelines.
Muskoka has a population of just over 50,000 permanent residents, along with an annual influx of tourists and urban Canadians searching for summer homes. This diverse and idyllic collection of scenic attractions and bustling rural activity means Muskoka is an ideal location when it comes to setting sights on new Canadian real estate opportunities – an opportunity which, to seasoned professionals such as Simon Kronenfeld, opens the door to a number of possibilities.
Why Should You Move to Muskoka?
Muskoka offers a plethora of reasons for which investing in its real estate is a smart investment. Between its busier towns and more relaxed farming communities and summer cottages – along with higher-end housing options such as summer mansion estates and pricier lakeside properties – there truly is something for everyone when considering moving to this district municipality.
Real estate in Muskoka offers affordable housing opportunities in and around the center of town, with single and double-storey properties available on wide lots as well as family homes for peaceful living on the outskirts of the city.
As Muskoka rises the ranks to become one of the most attractive and affordable real estate locations in Canada, more and more reasons arise to consider moving to this hidden gem.
3 Best Cities to Move to in Muskoka
Once you’ve made the decision to invest in a property in Muskoka, it is important to decide next where within the district is right for you. While the benefits of living in Muskoka extend beyond city borders, there are still a number of cities that stand out as fantastic locations to consider for your new home.
As the central city and business capital of Muskoka, Bracebridge is one of the best choices when looking into real estate opportunities. With an abundance of both commercial space and historical buildings, as well as proximity to a number of school districts and waterfront properties, the city is a welcome destination for any type of residential endeavour.
As Muskoka’s southernmost town, Gravenhurst is a gateway to busier city life, within the same distance of both the GTA and Algonquin Park. With residential opportunities and numerous waterfront properties, investing in Gravenhurst is always a strong choice.
As a powerful contrast to Muskoka’s busier cities, Huntsville is a northern town with strong community values and a small-town atmosphere. Between its vibrant green spaces and selection of lakes and parks, as well as a choice of respected schools, the city of Huntsville is a great choice for investing in your new family home.