We are well into the month of June, one of our favourite months, as there is so much to celebrate and look forward to! June 21st marks the official start to the season, which hails the end of the school year, longer days, weekends at the cottage or lakeside, lazy days in the garden, firing up the grill with friends and family; not to mention, the celebration of new graduates, National Indigenous History month, Canada's largest festival the Pride Parade, and awesome Dads everywhere on Father's Day, June 19th.
As we shift into summer mode, we are also seeing shifts in the real estate market. Since March, the Bank of Canada has introduced three interest rate hikes in hopes to curb inflation and cool the housing prices seen in the exceptionally bullish market witnessed over the past year. This has led to a swift rebalancing in the market. On the ground, we are seeing this translate into a slight cool down in the number of sales, less bidding wars and buyers tending to a holding pattern, waiting to see how the market will level up. Consumer expectations will affect the number of sales and confidence of buyers in the short-term; however, it is important to keep in mind, that the interest rates we saw during the global pandemic were at historic lows, not the norm and probably shouldn't be.
We anticipate variable market conditions in the short term, but are expecting prices and sales to remain steady as consumer expectations readjust. While you may be tempted to wait for consumer confidence to rise, if you are looking at buying or selling, you will do so in equal market. We encourage, that if you are thinking about making a move, to give us a call. We can help walk you through the intricacies of the current market and set out the best plan for you and your real estate portfolio moving forward.
Check out the local stats below and other highlights of this months newsletter. If you’re looking to escape the city, we have some beautiful properties on offer right now - luxury waterfront homes, country estates, wooded acreages, even a 13 acre lot on one of Georgian Bay’s renowned 30,000 islands. We're here to help you find your piece of paradise.
The new GG Lifestyle and GG Yachting magazines are available just in time for slow, leisurely days and will give you plenty to daydream about. Follow the link below for your free digital copy.
Please be sure to check out and follow our social media pages in the links below. We are always adding new and exciting content, including local and international properties available for sale, our top tips and recommendations, Engel & Völkers news and much more.
Wishing you all a safe and enjoyable start to the summer!
LOCAL MARKET INSIGHT.
Would you like to know what is happening in your local market? We pride ourselves on our competence and market expertise. If you are interested in selling or buying a home and would like more insight on your market, it would be our pleasure to discuss how we can help you achieve your real estate goals.
The opportunity is here to enjoy this summer at the lake. Whether at work or play, this 4,200 sq. ft, 6-bedroom cottage awaits. West facing waterfront with stunning sunsets, natural limestone terraces and shallow shoreline for exceptional swimming in clear, clean water. Spend the day relaxing on the dock or cruising around the many lakes with easy access to the locks. The cedar dock and a shoreline boathouse with rooftop deck are two of the best spots to enjoy your morning coffee. Enjoy entertaining, swimming, boating, fishing, kayaking and more at this special waterfront property. This is luxury lakefront life!
Welcome to 133 Park Street, located in a highly sought after area just outside of Owen Sound. This property offers a custom built bungalow, a detached workshop with heat, hydro and water, plus just over 5 acres of land. This location is minutes from Georgian Shores Marina, picturesque golf (Cobble Beach, Legacy Ridge) and great schools! This property offers a great retreat for all your hobbies.
Located on the outskirts of Owen Sound this fully renovated custom built home, sits on 12 acres of private woodlands with views over surrounding farm land. The property is situated on a dead end road and has the luxury of space throughout with over 3,500 sqft of living space and trails through the woods.
Combine your passion for business and sport on this incredible 200 acre property. This 9 hole championship golf course is turnkey and ready for you to take the reins. Inclusive of mini putt, driving range, 3 bed residence, 2 maintenance buildings, fleet of power carts, pro and snack shop. This once in a lifetime investment opportunity awaits!
Seeking investors, visionaries, end users! Located on the west side of Collingwood, this property is presently operating as an aggregate pit and recycling centre. A great opportunity for future development in stellar location, surrounded by golf course, mature residential subdivisions, and only a 5 minute drive to the downtown core. Features deep freshwater lake, views of ski slopes, with transferable aggregate licence.
This wonderfully unique and impeccably restored 1800's original school house stuns with its highly interesting interior architecture. This home boast 5 fireplaces, high ceilings, windows galore, second level balconied library and large, contemporary kitchen with open shelving. Potential for bed and breakfast. This beautiful home is a must-see!
Enjoy privacy in the heart of Georgian Bay's renowned 30,000 islands, the world's largest freshwater Archipelago. 13.7 acre property with 1,237 ft of natural shoreline, sand beach, clear water, mature mixed forest, trails and level building envelopes. Truly an outdoor paradise with endless opportunities for sailing, boating, fishing, swimming and water sports.
If your definition of Luxury is space and living off the grid on a private, tranquil and forested 54 acres, then realize your dreams here on this exceptional property! Escape the city and enjoy a slower pace, immersing yourself in the sounds and feel of nature. The location is ideal, only 20 mins from both Wiarton and Owen Sound, 1 hr to Tobermory, minutes from the Bruce Trail, Georgian Bay and the renowned Cobble Beach golf course.
Located in a quiet east side neighbourhood is this very well maintained condo building called "The Lesley." Close to all amenities of the Owen Sound, the Hospital and within walking distance to the YMCA. This 3rd floor unit features 2 bedroom, 1 bath with newer carpets and paint, plus in-suite laundry. If you’re looking for low maintenance, comfortable living, welcome home.
This 4 season European log home is built by Danish carpenters and located on 6.39 acres + 880 feet of shoreline. Impressive mature forested white pines throughout the property. Entire home has natural pine walls and ceilings throughout. Beautiful fieldstone fireplace in living room. Make this your escape today!
This is a unique property in the heart of Blue Mountain. Ready to built your dream family compound? Are you a luxury house builder looking for serviced lots ready to build? Severance soon to be approved, so as a builder you can start planning and marketing. Terms available. Purchase 1, 2, 3 lots or purchase all 4 lots. Lot size approx. 59ft x151ft.
Location-location-location. Just minutes to Downtown Collingwood, Craigleith, Georgian Bay, Georgian Trail system, theatre, arts, restaurants, shopping, skiing, biking and golf. This is the ideal location!
Gagne's Red & White Store is a 2nd generation family-run business which is the pillar in the community and surrounding area. This is the ultimate live/work opportunity in Northern Ontario with a convenience store, grocery store, Esso gas, Home Hardware, LCBO, Post Office & Country Style coffee counter. All under one roof!
Not every transaction is smooth and easy. It pays to have a local expert on your side who will also provide you with a personalized approach.
For us, real estate is all about the journey we take with our clients. That’s what excites us about what we do. At Engel & Völkers, we have an extensive reach of local, national and international connections to help on both the sale and purchase side of residential, commercial and investment properties.
If you are thinking about listing your property for sale, there are different strategies to utilize and they are changing weekly in our area. Please call us to discuss how We & EV can help you get your property SOLD!
As designers seek to differentiate themselves, innovative, unique homes remain at the heart of luxury real estate. The public’s growing desire for energy efficiency is reflected by creatives’ who apply the same values to their constructions.
But what makes a luxury home sustainable? The simple answer: using the right materials. Those in search of lower bills, a smaller carbon footprint, and a healthy, safe atmosphere should take care and consideration when selecting the materials for their home.
Homebuilders are turning to these materials to create the foundation of sustainable homes.
Low housing inventory and tremendous demand for homeownership have created an exceptionally competitive marketplace. Entering the real estate market can be intimidating whether this is your first or second home. Buyers and sellers who come equipped with the essential knowledge, tools, and skills have an edge over others.
While being local market experts is our job, it’s important that both buyers and sellers understand what to expect throughout the process. As such, Engel & Völkers Americas is excited to present our Home Buyers Guide and Home Sellers Guide. Whether buying or selling, whether it’s a new adventure or the final pages of this chapter, Engel & Völkers is uniquely positioned to help you in each cul-de-sac, community, and country.
S H O W C A S I N G T H E E N G E L & V Ö L K E R S L I F E S T Y L E.
Let us help you achieve the life you aspire to live — from your home, travel adventures and beyond. For nearly three decades, GG has been a premium magazine published by Engel & Völkers that showcases global architecture, design, fashion, travel and lifestyle while spotlighting artists and personalities who influence international style.
GG Magazine 3/22
With her playful palette, India Mahdavi makes the world a brighter place. If there’s one thing the internationally renowned architect and designer is sure of, it’s that colors have the power to make us happier.
Her style is the opposite of Bauhaus. For more than 20 years, India Mahdavi has been using unusual color effects, a touch of humor and a passion for ornamentation to transform interiors into joyful, choreographed spaces. Today, she is regarded as something of a superstar. Silke Bender met the French-Irainian architect and designer in Paris, where she lives and works.
Click below to read the full interview. If you would like to receive hard copy of this gorgeous magazine, please contact us and we would love to get one into your hands.
At Engel & Völkers, we believe that luxury is a fluid concept, one that each individual, client and homeowner defines differently for themselves. We also believe it’s our responsibility to help you find a home associated with your personal definition of luxury.
GG YACHTING MAGAZINE.
The new issue of GG Yachting Magazine is available. Check out the highlights:
how yachting provides the ultimate sense of freedom
Our success is wonderful. Sharing it is even better!
The purpose of business is to create socially, economically and environmentally sustainable communities. Being in the business of real estate allows us the privilege of daily interaction with our local communities and we recognize our moral duty to lend support where we can.
Engel & Völkers is globally recognized for its commitment to philanthropy. We as a group are proud to support the causes close to our hearts to help others live strong, happy and healthy lives. A portion of our income from all real estate sales goes directly to these wonderful organizations.
Special Olympics - a renown international organization providing training and support for children and adult athletes with intellectual and physical disabilities.
Living Wish Foundation - an organization devoted to making the world a better place; helping terminally ill patients re-frame hope and realize their dreams.
Residential Hospice Grey Bruce - providing compassionate, patient-centred care to individuals with a life-limiting illness, empowering them to live well while dying.
Owen Sound Regional Hospital Foundation - raises funds for medical and diagnostic equipment and renovations; supports education and training for staff directly involved in patient care. James is proud to serve as a member of the Board.
Georgian Triangle Humane Society - a non-profit charity providing shelter for homeless animal friends and connecting them with caring families.
THANK YOU FOR YOUR SUPPORT.
We are so grateful for having the opportunity to help our clients sell or buy the place they call home and in the process, we have met some of the most wonderful, loving, caring people sharing the same values we do!
Luxury has no price point, it is simply the enjoyment of the best in life - it's personally yours. Please reach out to us to discuss how We + E&V can help you get more out of life!
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