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August 2024

Discover Dwight Lake of Bays | Dwight – Gateway to Algonquin Park

Posted on Aug 17, 2024 in News and Views

Dwight Dock, Lake of Bays

The Tom Thomson Parkway is more than just a road—it’s a journey through the heart of Ontario’s breathtaking landscapes and a passageway into the life and legacy of one of Canada’s most iconic artists. Stretching from Huntsville to the western gateway of Algonquin Park, this picturesque route winds through the charming village of Dwight, offering tr...

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How Your Property Value Determines Your Tax Bill

Posted on Aug 17, 2024 in News and Views

Reviewing property tax bill

I often get asked, “How does MPAC—the Municipal Property Assessment Corporation—come up with their property value estimates?” It’s a great question because the assessment they give your property isn’t just a number; it’s the foundation for determining your mill rate, which ultimately influences how much you pay in municipal property taxes. Think of...

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Top 5 Factors Affecting Waterfront Values

Posted on Aug 17, 2024 in News and Views

Top Factors affecting Waterfront Value

Investing in a waterfront property in Muskoka / Lake of Bays is more than just acquiring a slice of paradise. It’s about understanding what truly drives the value of these properties. Here, we’ll explore the top five factors that impact the value of waterfront real estate in these sought-after regions and why each one matters.

1. Location on the Lak...

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August 2024-Market Snapshot

Posted on Aug 01, 2024 in Market Reports

LAKE OF BAYS

An overview for both buyers and sellers of waterfront properties in the township of Lake of Bays for August 2024 highlighting key metics and trends.



Trends
For Sellers:
Sales Activity and Listings:
In August 2024, sales activity dropped to 13 transactions, representing a 44.4% increase compared to August 2023 but a 62.5% drop compared to Au...

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