If you’re in the market for waterfront property, northwestern Ontario is an attractive buy.
According to Remax, the average price for recreational properties in the northwest is staying relatively stable over last year.
The average price for waterfront property is coming in at just under $300-thousand.
In the Rainy River district, listings show a number of cottages recently selling for $200-thousand or less.
Elsewhere in Ontario, prices have risen 8 per cent over last year.