Lake Rosseau Real Estate Market | Summer 2022
Rosseau is without question one of Ontario's most sought after waterways to cottage on. Its size, at more than 1500 acres, combined with an impressive 151 kilometers of beautiful shoreline make it a boater's paradise. Connected to Lake Muskoka and Lake Joseph you could spend a lifetime exploring the islands, bays and rivers without ever leaving the lake system.
This popularity is directly reflected in the prices of waterfront real estate. Always commanding a premium, buying a cottage on Rossea is not for the faint of heart.
The following statistics are from the Lakelands Real Estate Board database. Keep in mind that there are many properties are sold via exclusive listings which are not listed on MLS® and therefore not part of the data set. As well, these are for freehold waterfront properties, no leasehold or fractional ownerships are counted.
Historic Property Sales
Lake Rosseau Sold Properties 2018
- 35 units sold including cottages & vacant waterfront lots
- Prices ranged between $518,000.00 and $6,250,000.00
- Median price was around $1,430,000.00
- 5 cottages sold for more than $3,000,000.00
Lake Rosseau Sold Properties 2019
- 38 units sold including cottages & vacant waterfront lots
- Prices ranges between $570,000.00 & $10,283,000.00
- Median price was about $2,625,000.00
- 12 cottages sold for more than $3,000,000.00
Lake Rosseau Sold Properties 2020
- 41 units sold including cottages & vacant lakefront lots
- Prices ranged between $340,000.00 & $16,200,000.00
- Median price was about $2,744,000.00
- 16 cottages sold for greater than $3,000,000.00
Lake Rosseau Sold Properties 2021
- 5 units sold including cottages & vacant property
- Prices ranged from $408,000.00 to $3,650,000.00
- Median price was around $2,150,000.00
- 2 cottages sold for over $3,000,000.00
So far in 20222 there have been no sales on Rosseau on the Lakelands Real Estate Board. It will be very interesting to watch the remainder of the season to see how thing shake down but at this point it would appear this have cooled down substantially.
Listing numbers are down to historic lows which may account for some of the slowdown but I suspect the shaky stock market, rising interest rates and general apprehension about real estate as an investment contribute greatly.