Houses Under $900,000 For Sale in Muskoka Lakes, Ontario

The average time on the market for property in Muskoka Lakes is 71 days.

Typical maintenance fees for property in Muskoka Lakes are around $719 per month.

The average age of property in Muskoka Lakes is 30 years.

The average property tax in Muskoka Lakes is $11,909.46 annually.

The average price range in Muskoka Lakes is between $45,000.00 and $15,495,000.00.

Typical property sizes in Muskoka Lakes range upto 5000 sqft.

The Ontario real estate market is experiencing high demand and rising property prices, particularly in urban areas like Toronto and Ottawa. There is also growing interest in suburban and rural areas due to remote work trends.

The forecast for Ontario's real estate market is positive, with continued growth expected. Factors such as low-interest rates, strong demand, and ongoing urban and suburban development projects are likely to sustain the market's upward trajectory.

Closing costs typically include land transfer tax, legal fees, home inspection fees, and moving costs. It's advisable to budget 1.5-4% of the purchase price for closing costs.

Ontario's real estate market is one of the most active and expensive in Canada, particularly in urban areas like Toronto. It often sees higher prices and more competitive markets compared to other provinces.

Benefits include access to market expertise, assistance with the buying or selling process, negotiation skills, and help with paperwork and legal requirements.

Preparing a home for sale involves cleaning, decluttering, making necessary repairs, staging, and enhancing curb appeal. A real estate agent can provide specific recommendations.