Today's Real Estate Market

by Jay Lough Hayes, Sales Representative

Re/Max Rouge River Realty Ltd. 705-772-1025

Stony, Stoney Lake or Stony Lake, depending on the sweatshirt you buy, is a short but worthwhile drive just 2 hours northeast of Toronto. Stoney is part of the Trent Severn Waterway, which was built in the early 20th century as an integral part of the commercial highway for moving logs to the sawmills downriver. The region, inhabited for thousands of years, is evidenced by a remarkable collection of prehistoric rock carvings to be seen at the east end of the lake in Petroglyphs Provincial Park. If you’re boating on Stoney, you could boat all the way to the Atlantic Ocean.

Offering beautiful geography of rugged granite on the lakes north side with more gentle, heavier forested land on the south side, the lake, about 20 miles long from Young’s Point to the eastern tip, boasts some 1,000 islands and too many shoals to mention and, great fishing. Stoney Lake was known to early European settlers as Salmon Trout Lake but salmon trout are no longer evident. Today, good sport fishing includes smallmouth and largemouth bass, pickerel and musky.

From early camping expeditions on many of the islands by locals and Americans along our border, Stoney Lake evolved from simple cabins with few amenities to the large luxury cottages and homes along the beautiful shoreline today.

Steve Martin starred in the movies, ‘Cheaper by the Dozen’ as well as ‘The In-Laws’ and then proceeded to purchase a cottage himself on Stoney. Ronnie Hawkins just sold his Stony home in 2017.

Enjoyed by its many seasonal residents, by an increasing number of year-round residents, by boaters using the Trent Severn Waterway System, by sport fishermen and many others, Stoney Lake represents the classic Ontario ‘cottage country’.

In the first 6 months of 2019, 7 Waterfront properties between 380,000 to $1,900,000, sold at an average $688,000, which should just about double by year end.

In 2018, 31 waterfront properties sold between $379,000 to $2,500,000 at an average of $949,322.

In 2017, 42 waterfront properties sold between $430,000 to $4,500,000 at an average of $999,333.

In 2016, 50 waterfront properties sold between $185,000 to $4,425,000 at an average of $762.000.

In 2015, 36 waterfront properties sold between $80,000 to $3,800,000 at an average of $869,694.

In 2010, 30 waterfront properties sold between $210,000 to $1,500,000 at an average of $514.600.

In 2005, 31 waterfront properties sold between $133,000 to $975,000 at an average of $471,581.

In 2000, 26 waterfront properties sold between $62,000 to $1,550,000 at an average of $260,961.

What a difference 20 years in real estate has made on Stoney. As anyone enjoying property here in the Kawarthas will tell you, if you’re lucky enough to be on Stony Lake, you’re lucky enough.

Thinking of Buying or Selling in the Kawartha area? Call Peterborough Realty Inc. 705-745-4704.