Muskoka Lakes, Ontario, CA25 Property Listings
- Sale
1010 North Dr
Muskoka Lakes
422000-2500ft²CA$2,450,000X10414665 • RE/MAX TWIN CITY REA...
- Sale
1250 Old Parry Sound Rd
Muskoka Lakes
333500-5000ft²CA$1,589,000X10408389 • FARIS TEAM REAL ESTA...
- Sale
2827 MUSKOKA RD 118 W
Muskoka Lakes
221500-2000ft²CA$950,000X10405314 • DANMAR EMPIRE REAL E...
- Sale
2642 Muskoka Road 169
Muskoka Lakes
321100-1500ft²CA$699,000X9509522 • RE/MAX ESCARPMENT RE...
- Sale
1791 Windermere Rd
Muskoka Lakes
533000-3500ft²CA$1,098,000X9232943 • ONE PERCENT REALTY L...
- Sale
1 Donald Dr
Muskoka Lakes
432000-2500ft²CA$1,095,000X9416797 • SOTHEBY`S INTERNATIO...
- Sale
1250 Old Parry Sound Rd
Muskoka Lakes
333500-5000ft²CA$1,649,000X9417909 • FARIS TEAM REAL ESTA...
- Sale
1245 Mortimers Point Rd
Muskoka Lakes
2+332500-3000ft²CA$1,350,000X9397990 • HOMELIFE LANDMARK RE...
- SaleApartment No.3
3864 Highway 118 W
Muskoka Lakes
1+443500-5000ft²CA$7,995,000X9349038 • ROYAL LEPAGE LAKES O...
- Sale
1020 Bala Falls Rd
Muskoka Lakes
62N/Aft²CA$795,000X9393899 • PSR...
- Sale
1141 Torrance Rd
Muskoka Lakes
21700-1100ft²CA$699,900X9384971 • CENTURY 21 B.J. ROTH...
- Sale
1021 Currie St
Muskoka Lakes
31700-1100ft²CA$569,900X8135362 • PSR...
- Sale
1464 North Shore Rd
Muskoka Lakes
2+22N/Aft²CA$699,900X8324034 • CENTURY 21 HERITAGE ...
- Sale
295 Muskoka road 10 Rd
Muskoka Lakes
32N/Aft²CA$419,000X8491952 • CENTURY 21 PERCY FUL...
- Sale
1214 Milford Bay Rd
Muskoka Lakes
31N/Aft²CA$1,695,000X9031608 • ROYAL LEPAGE LAKES O...
- SaleApartment No.8
35 Stephen Rd
Muskoka Lakes
211100-1500ft²CA$2,199,000X9043438 • JOHNSTON & DANIE...
- SaleApartment No.12
1202 Windermere Rd
Muskoka Lakes
321100-1500ft²CA$1,299,900X9394049 • PARKER COULTER REALT...
- Sale
1187 Windermere Rte
Muskoka Lakes
N/AN/AN/Aft²CA$829,000X9392980 • COLDWELL BANKER RONA...
- Sale
35 Todholm Dr
Muskoka Lakes
321100-1500ft²CA$589,999X9387823 • RE/MAX WEST REALTY I...
- Sale
10 Bala Park Island
Muskoka Lakes
432000-2500ft²CA$2,195,000X8463346 • JOHNSTON & DANIE...
Market Analysis
Toronto Real Estate Market Analysis for 2024
Between January 1 and July 31, 2024, average sale prices in the Toronto housing market increased by 0.5 percent year-over-year across all property types, rising from $1,110,587 in 2023 to $1,115,799 in 2024. During this same period, the number of home sales dropped by 5.4 percent, declining from 16,061 in 2023 to 15,195 in 2024. Meanwhile, the number of listings surged by 25.2 percent, growing from 31,737 in 2023 to 39,744 in 2024. Looking ahead, average sale prices are projected to decline by two percent for the remainder of 2024, while the number of sales is expected to stay steady. The Toronto housing market is currently experiencing balanced conditions in most areas, a trend that is likely to persist into the fall. While there is a good supply of resale homes, prices remain unaffordable for many buyers, particularly first-time homebuyers. Over the long term, the ongoing housing supply shortage will continue to influence the market. Key factors contributing to the housing shortage in Toronto include insufficient new construction and the high cost of building compared to current and forecasted market values. In response to these shortages, Toronto homebuyers are adapting by staying in their parental homes longer, sharing accommodations, and exploring alternative forms of home ownership to make purchasing more affordable. Renters, meanwhile, are continuing to rent instead of buying, further straining Toronto's rental market. On September 4, the Bank of Canada announced a 25-basis-point reduction in interest rates. However, this modest cut is unlikely to significantly improve affordability in Toronto, where average prices remain high. More substantial interest rate reductions will be necessary to create the affordability needed for many buyers, especially first-time homebuyers. A combination of further interest rate decreases and a downward adjustment in prices this fall and into 2025 is expected to boost sales in 2025.