If you're searching for a stunning lakeside property in Ontario, look no further than Whitestone Lake. Located just 25 minutes north of Parry Sound, this breathtaking body of water boasts crystal-clear waters, abundant wildlife, and endless recreational opportunities.
Why Choose Whitestone Lake?
Whitestone Lake is a popular destination for outdoor enthusiasts, including boaters, anglers, hikers, and nature lovers. The spring-fed lake covers an area of approximately 698 hectares and is 8 kilometers long with a mean depth of 5 meters. It's also known for its cool, clean water and with 54 kilometers of shoreline to explore, an ideal lake for canoeing, kayaking, and paddleboarding. Another great thing is that 10% of the lakeshore is crown land limiting future development.
The lake is divided into the north and south sections connected at the narrows near Dunchurch. It's also only 15 minutes to Parry Sound and the public launches for the Ahmic Lake system.
Whitestone Real Estate
Whitestone Lake offers a wide range of real estate opportunities, including luxurious waterfront homes, charming cottages, and vacant land for development. Whether you're looking for a quiet retreat or a bustling hub of activity, you will want to check out Whitestone.
Listing numbers, like most lakes in the Parry Sound District and Ontario for that matter, have been lower the last few years with only around 15-25 properties coming to the market per summer. With lower listings on Whitestone and strong demand through Covid prices were very strong with low days on market for appropriately priced properties. So far in 2023 prices seem to have leveled off and in some cases softened.These properties can range from cozy cottages to spacious estates, with prices starting at around $600,000 and going up to several million dollars.
Here's a quick real estate snapshot for the last few years;
2019 | 17 sold between $250,000-$1,700,000 Median $460,000
2020 | 23 sold between $245,000-$1,200,000 Median $535,000
2021 | 21 sold between $320,000-$2,245,000 Median $720,000
2022 | 13 sold between $288,000-$2,350,000 Median $879,000
*Freehold Waterfront -The Lakelands Association of Realtors®
For those looking to build their dream home or cottage, vacant land is sometimes available on Whitestone Lake. These properties range in size and location, with prices starting at around $300,000 and going up to several hundred thousand dollars. If you're considering building a cottage in the Parry Sound area you can find good information here.
Community and Amenities
Whitestone Lake is surrounded by several small communities, including Dunchurch, Ardbeg, and Whitestone, each offering unique amenities and services. These communities feature local shops, restaurants, and recreational facilities, parks, and marinas. There's a very popular fishing derby held every year that's put on by the Rod & Gun club, the annual Fall Fair and of course the great library which is one of the main community hubs.
For larger-scale amenities, the town of Parry Sound is just a short drive away. Parry Sound offers a wide range of services, including healthcare, shopping, and entertainment, making it a convenient destination for residents and visitors alike.
In summary, Whitestone Lake offers a rare opportunity to own a stunning lakeside property in Ontario. With its crystal-clear waters, abundant wildlife, and endless recreational opportunities, it's no wonder that this lake has become a sought-after destination for those looking for a peaceful retreat or an active lifestyle. With a range of real estate opportunities, including luxurious waterfront homes, charming cottages, and vacant land, there's no better time to invest in your own piece of paradise on Whitestone Lake.
If you're interested in buying or selling on Whitestone just give us a call, we would love to help!