What’s Next?
MAKING SENSE OF A
PANDEMIC ECONOMY
MUSKOKA’S
BEST KEPT SECRETS
WITH DAN WYNNYK
OCTOBER 2O20
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A NOTE FROM THE EDITORS
It’s been an incredibly surprising year for the team here at Cayman Marshall, as we continue to soar through one sales record after another. It’s bittersweet, of course, with all that has been happening in the world, as we say goodbye to another hot summer and hello to an uncertain fall. Once again, our hearts and thanks go out to all the frontline workers, who are continuing to do truly remarkable work to keep this train on the track. We are inspired by your courage!
Todd Adair*
President Sales Representative
future, but there is reason for optimism. Market forecasts continue to be positive, and I’ve been reading encouraging news about continuing medical advances. Meanwhile, we are grateful for family and friends, and that we are blessed to live in one of the most beautiful parts of the world, especially at this time of year.
Unfortunately, it looks as if the pandemic will continue to be a major driver for both our daily lives and the economic indicators for the foreseeable
I’d also like to thank our editorial team, who have put together another beautiful edition of Cayman Marshall Magazine. There’s plenty to enjoy in these pages, along with the latest listings of beautiful properties for sale in Muskoka and Toronto. We hope you enjoy it, and wish all of our readers a very safe and happy Fall!
Autumn – the deciduous trees’ grand finale before winter’s arrival. Its beauty is admired by so many. Annual travels to Muskoka are a tradition for thousands of people for that very reason (along with the cranberries, of course).
protect your financial portfolio during a pandemic. Also in this issue: get to know Muskoka more up close and personal this year with our off-thebeaten-path tour of the region, highlighting activities you can embark upon all year round.
In this edition, we sit down with Dan Wynnyk, one of Canada’s top investment advisors, who highlights some of the key points on how to
Whether you’re staying up at your cottage or back in the city for the Fall, I hope you enjoy the latest edition of Cayman Marshall Magazine!
Kallan Koch Chief Editor
4 OCTOBER 2020 ■
Cayman Marshall International Realty Inc., Brokerage caymanmarshall.com ■ Sales Representative* Broker & Broker of Record**
CAYMAN MARSHALL
THE COLLECTION
OCTOBER 2020 EDITORS Todd Adair* Kallan Koch Lauren Lowe ART DIRECTOR Kelsey Kennerell GRAPHIC DESIGNER Cathryn Haynes PHOTOGRAPHERS Andre Carriere Michael Cooper Emma Lovell Micheal Muraz Mark Wilson ADVERTISING DIRECTOR Kallan Koch CONTRIBUTORS Todd Adair Martha Uniacke Breen Gerald Levitch Sarah Pountney* Charlie Vanderpol* Published in Canada FOR ADVERTISING INQUIRIES PLEASE EMAIL info@caymanmarshall.com caymanmarshallcollection.com All square footages are approximate. Some square footages include living space in the lower level. Information is subject to errors and omissions. Not intended to solicit properties currently for sale.
What's Next? MAKING SENSE OF A PANDEMIC ECONOMY WITH DAN WYNNYK
Cayman Marshall International Realty Inc., Brokerage www.caymanmarshall.com Sales Representative* Broker & Broker of Record**
DESIGNERS OF CUSTOM RESIDENTIAL PROJECTS CLICK HERE TO EXPLORE OUR PROJECTS ON WWW.FORESHEWDA.COM FOLLOW US ON INSTAGRAM @FORESHEW_DA
TABLE OF CONTENTS
MUSKOKA'S BEST KEPT SECRETS
COVER STORY
REAL ESTATE
8
W H AT ' S N E X T ?
21
TO RO N TO L I ST I N G S
Making sense of a Pandemic Economy with Dan Wynnyk
22
R E N TA L L I ST I N G S
29
M U S KO K A L I ST I N G S
44
O W N YO U R O W N P I EC E O F M U S KO K A H I STO RY
54
E XC LU S I V E L I ST I N G S
IN THIS ISSUE 16
M U S KO K A' S B E ST K E P T S EC R E TS
Muskoka has always been a good investment
8 OCTOBER 2020 â–
REAL ESTATE & YOUR FINANCES: Making Sense of A Pandemic Economy with Dan Wynnyk
By Martha Uniacke Breen
It’s hard to believe that the effects of COVID-19 only began to take hold of the Canadian economy a scant six or seven months ago. (For many of us, last March feels more like last year.) In that short time, almost no one has been untouched by the pandemic’s tentacles, and things that seemed unimaginable last spring are now a regular part of our daily lives. The only certainty these days, it seems, is that uncertainty reigns. As the saying goes, the stock market hates uncertainty. And yet the stock market seems just about the only economic indicator that’s unaffected by recent events. And real estate, at least in Muskoka, has been as busy as ever this summer. What are we to make of all this? We recently sat down with Cayman Marshall Realty CEO Todd Adair and Dan Wynnyk, senior investment advisor and Vice President with The Waterfront Group at Wellington Altus, and asked what they thought of these confusing economic times. Here, edited slightly for length and clarity, is their take on the phenomenon.
OCTOBER 2020 9 ■
Diversifying your investments is always the safest plan.
How have COVID and other social issues affected the Muskoka market, and why? Why is it so hot right now? DW: There is a definite trend of people moving from urban centres to rural areas like the Muskokas. In some cases, this is to escape the pandemic both physically and mentally, especially since it is now possible with restrictions being removed. It has also become a desirable “office” location, as many individuals are forced to work from home. TA: There are a few reasons. Lack of travel; banks are flexible and reasonable about lending money; and people are in the mood for doing their bucket list – I know I certainly am! Also, the pandemic has meant “forced” family time, and if we are all together, people want to get out of the city and enjoy some fresh air. Is a cottage always a good investment? Why? DW: No investment is always a good investment. The critical elements to consider about a cottage purchase are both personal and financial. Personally: is this a purchase to enhance your lifestyle, an investment in yourself? Financially: is this a short or long-term endeavour, and is there a need for cash flow? These are only a couple of the things to consider, and there are both personal and financial dynamics that will determine whether or not a cottage is a good investment for you. TA: Muskoka has always been a good investment; it’s its own “bubble,” an insulated real estate market. There’s less leverage on properties in Muskoka – it’s a healthy economy, without the stressed-out homeowners as in places like Toronto. You can’t purchase a property here with a small investment, so that creates stability. And over time, I find families place more value on these properties, so they are less likely to move around.
10 OCTOBER 2020 ■
It’s a good time to buy a cottage Why is now a good time to buy a cottage? Conversely, why is now a good time to sell a cottage? DW: It’s a good time to buy a cottage, as mortgage rates are at record lows and a real estate purchase, beyond owning a family residence, is a good way to diversify your financial holdings. Conversely, now is a good time to sell your cottage, as demand is high and prices are also high. Having said that, If being a seller is right for you, be aware of tax implications and have a clear plan on where you would reallocate the proceeds. TA: It’s a good time to buy because there’s no foreseeable end to the factors I mentioned above, so prices will keep going up; and as a buyer you don’t want to get priced out of the market! And it’s a good time to sell because prices are at an all-time high and demand is very strong. However, I’d say it could also be a bad time to sell,
because sellers are under the same constraints as buyers. Whereas in the past, people might sell because they’re buying vacation property somewhere else like the U.S., those things are on hold right now – so they don’t have the freedom they once had to move around. How can Canadians prepare/protect their investments for another situation like this? DW: There is always a Black Swan event looming, whether it be war, pandemic, natural disaster or financial collapse. The timing is always uncertain. So the best ways to prepare are to 1) minimize unproductive debt, 2) build a meaningful cash reserve and 3) diversify your investments. TA: I agree; diversifying your investments is always the safest plan. There are many places to invest beyond the stock market.
OCTOBER 2020 11 ■
Be cautious! Build a cash position in the short term.
How can I strengthen my financial portfolio during these unstable times? What should I be doing with my money over the next 12 months? DW: In addition to the three points above, consider hedging and alternative investments. Also, seek the advice of a top-notch financial professional to insure your investments are deployed with your personal and financial objectives in mind. Be cautious! Build a cash position in the short term. Don’t get caught up in the NASDAQ mania. Here are some of the uncertainties: 1. Is the current recovery V-shaped, or something more ominous? 2. The U.S. election. 3. The relationship with China. 4. The continued viability of the U.S. dollar as world reserve currency. 5. A massive amount of debt, including consumer, student, municipal, provincial, federal and unfunded pension liabilities. 6. All questions relating to the COVID-19 virus. TA: I have clients who have no faith in the stock market right now; but of course, there’s no profit in “safe” investments like bank bonds or GICs. So I’d add that Canadian real estate is still a very stable investment.
12 OCTOBER 2020 ■
Dan, one more question for you. Why is the stock market doing so well when the unemployment level is so high and we are in a recession? Is this an unstable situation, do you think? Should we be cautious? DW: The market is flying because there is limitless (almost free) money available and the U.S. Federal Reserve is shovelling it out as fast as they can print it. (Think inflation down the road.) Also, portfolio managers are having difficulty adhering to a traditional asset mix, i.e., 50% fixed income & 50% equities, since there is practically zero return on fixed income and inherent high risk with bonds, in terms of capital erosion when interest rates tick up. So, asset allocations are being distorted, with more dollars seeking yields in stocks – which is helping to fuel the rebound in the indexes. Another phenomenon is neophyte “investors,” who are speculating and driving up prices. In summary, we are currently in an unstable environment, and it is a time to be very, very cautious when investing in the stock market.
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Exclusive access to leading alternative strategies, including real estate, private equity, mortgage pools and hedge funds. Services for families with $2M or more in investable assets. Give Dan and the team a call to book your conďŹ dential meeting today. 289.816.1118 thewaterfrontgroup@wprivate.ca thewaterfrontgroup.ca Wellington-Altus Private Wealth is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. Š 2020, Wellington-Altus Private Wealth Inc. ALL RIGHTS RESERVED. www.wellington-altus.ca
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MUSKOKA’S
BEST KEPT
SECRETS BY CHARLIE VANDERPOL
Many people come to Muskoka simply to relax by the lake, shop and stroll in town, and enjoy the laid-back lifestyle that comes from being in one of the most beautiful regions on the planet. But there’s so much more to this area than that. From my experience, what makes this place so special goes deeper than the usual recreational activities many cottagers love to do when they’re here – wake surfing, restaurants, tubing, SeaDooing, and the lake – though don’t get me wrong, I love doing those things too!
16 OCTOBER 2020 ■
MUSKOKA IN THE SUMMERTIME Here are just a few of the reasons I love Muskoka in the summertime: • Cruising up the lakes on a hot summer day and stopping to float in the middle of the lake – enjoying a picnic on the water, throwing out a fishing line, or just lying back and “bathing” in the peaceful sounds and sights of nature. • Dropping anchor in the middle of Lake Joseph, and spending the whole day swimming in crystal-clear water. At another spot on the lake, there are rock cliffs you can jump off and land with an exhilarating splash!
Dorset Lookout Tower
Lake Rosseau Ice Caves
stop in after a day exploring the extensive groomed trails through the region.
TRY THESE OTHER ATTRACTIONS
• Simply cruising the winding back roads for miles, whether we’re going somewhere or not. After all, Muskoka’s as famous for its rolling farmlands as it is for its lakes.
MUSKOKA IN THE WINTERTIME Cottagers and year-rounders alike are well acquainted with the joys of summer in Muskoka. But the pleasures of Muskoka winters are much less celebrated – which is a shame, because in some ways, the area is even more beautiful then. Bundled up cozily in the crisp, clean air, you feel as if the whole world has stopped. Those familiar woods, roads and lakes take on a completely different feeling under a blanket of pure white snow.
Here’s what I love about winter: • Walking down the lakes instead of boating, feeling as if you have the world all to yourself. Without summer’s boat traffic, open restaurants and cottages full of people, it’s the most relaxing/stress-free feeling there is. • There’s a rock cliff at Lake Rosseau that few people really notice in summer. But in the winter the sun hits it just so, and melts the snow to create an exquisite ice cave/frozen waterfall. Unless you can snowmobile or walk across the ice, you’ll never see it. But we make a point of visiting it every winter.
Looking for something else to do while you’re up here, or when guests are visiting for the weekend? There are all the usual fun touristy things, such as buying a ticket on the Segwun steamship at Gravenhurst or the Tom Thomson at Port Carling and touring the lakes in style. But there are lots of other, perhaps lesser-known, attractions that are just as great for getting a different perspective on the region. Here’s just a small sampling of my favourite places to enjoy a fine Muskoka afternoon – any time of year. Cranberry Marsh: Just outside of Bala, off Medora Road, on Cranberry Road
• Winter is the time of year all the
There are only a few fruits that are truly native to Canada, and cranberries are one of them. The Muskoka town of Bala is the unofficial Cranberry Capital
little restaurants away from the water, often overshadowed in summer by the waterside bistros, get all the action. Bass Lake Road House, just outside of Port Carling, is one such place: in winter, it attracts hundreds of snowmobilers, who
of Canada. Cranberries are usually harvested from two weeks before Thanksgiving through to the end of October, and throughout the fall, the town invites you to join in to celebrate this luscious, tart-sweet little gem. OCTOBER 2020 17 ■
THERE ARE SO MANY WAYS TO ENJOY MUSKOKA
Fresh picks from Johnson’s Cranberry Marsh
Unfortunately, the 2020 Bala Cranberry Festival is cancelled due to COVID, but that doesn’t mean you can’t still get your cranberry hit this year. Instead, visit Muskoka Lakes Winery, which along with wine tours and tastings, is the starting point for 10 km of year-round hiking trails. There’s also lots of special events during harvest time, including the Cranberry Plunge, where you can don some rubber overalls and jump into a cranberry-filled bog! The marsh and trails stay open all winter, when the marsh freezes solid. Lace up your ice skates and enjoy a groomed 1.2 km ice-skating loop; on Saturday nights, there’s night skating, lit by some 400 tiki torches all along the trail. There’s even a bog hockey rink! Huckleberry Rock Lookout Trail: Milford Bay Road The highlight of the Huckleberry Rock hiking trail, near Milford Bay, is the view from Huckleberry Rock itself, overlooking Lake Muskoka. The westernfacing vista through the trees from this high lookout is particularly stunning as the sun sets over the lake, dotted with islands in the distance. Look for the sign along Milford Bay Road marking the entrance to the trail; white ribbons in trees and white paint on rocks will help you navigate up to the lookout. If you drive along Hwy. 118 between Port Carling and Bracebridge, you’ll also pass through Huckleberry Rock – literally, as its lower section forms one of the major rockcuts on the road. The beautiful pink granite is an exposed part of the ancient Canadian Shield, some of the oldest rock on earth at well over a billion years.
The lookout is beautiful at any time of year, but I personally love adventuring up there in winter, when the lake is frozen and utterly peaceful. Dorset Lookout Tower: Off Hwy. 35, outside Dorset The Dorset Lookout Tower isn’t for the faint of heart or those afraid of heights – the tower is some 465 feet above Lake of Bays, and offers a breathtaking, 360-degree view of the landscape. Originally built as a fire lookout tower in 1922, the tower at that time was considerably less lofty, at just 82 feet. In 1967, an observation tower was added and the tower was raised to its present height.
Dorset Lookout Tower
There are two ways to get to the tower: park at the bottom and enjoy a short but challenging hike up the hillside, or simply park at the tower parking lot and climb the rest of the way. There are so many ways to enjoy Muskoka. For me, what makes this place truly special is when I put aside the motorized toys for a little while, turn off the engine, and just listen. Winter or summer, there’s no place I’d rather be.
Huckleberry Rock
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CAYMAN MARSHALL – TORONTO LISTINGS M.CAYMANMARSHALL.COM/SEARCH/TORONTO
L E A D E R S I N L U X U RY R E A L E S TAT E
ULTIMATE TORONTO CONDO, 2 BEDROOMS, 2 BATHS, ALL THE ROOM YOU NEED
Cayman Marshall International Realty Inc., Brokerage m.caymanmarshall.com/search/toronto or Find us on Instagram
$1,325,000
LEADERS IN MUSKOKA
LUXURY COTTAGE RENTALS
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CAYMAN MARSHALL – LUXURY COTTAGE RENTALS M.CAYMANMARSHALL.COM/SEARCH/RENTALS
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4 BEDROOMS, 3+1 BATHS – SILVER LAKE
$7,500/WEEK
Cayman Marshall International Realty Inc., Brokerage m.caymanmarshall.com/search/rentals or Find us on Instagram
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CAYMAN MARSHALL – LUXURY COTTAGE RENTALS M.CAYMANMARSHALL.COM/SEARCH/RENTALS
FAMILY COTTAGE, 6 BEDROOMS, 2.5 BATHS – LAKE MUSKOKA
$14,000/WEEK
3 BEDROOMS, 4 BATHS – LAKE MUSKOKA
$16,000/WEEK
Cayman Marshall International Realty Inc., Brokerage m.caymanmarshall.com/search/rentals or Find us on Instagram
7 BEDROOMS, 4 BATHS – LAKE JOSEPH
$18,000/WEEK
8 BEDROOMS, 6 BATHS – LAKE OF BAYS
$20,000/WEEK
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CAYMAN MARSHALL – LUXURY COTTAGE RENTALS M.CAYMANMARSHALL.COM/SEARCH/RENTALS
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Cayman Marshall International Realty Inc., Brokerage m.caymanmarshall.com/search/rentals or Find us on Instagram
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MUSKOKA COTTAGE ON PRIVATE LAKE, 3 BEDROOMS, 3.5 BATHS – COOPER LAKE
$20,000/WEEK
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$20,000/WEEK
CAYMAN MARSHALL – LUXURY COTTAGE RENTALS M.CAYMANMARSHALL.COM/SEARCH/RENTALS
5+1 BEDROOMS, 4 BATHS – PARRY SOUND
Cayman Marshall International Realty Inc., Brokerage m.caymanmarshall.com/search/rentals or Find us on Instagram
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CAYMAN MARSHALL – LUXURY COTTAGE RENTALS M.CAYMANMARSHALL.COM/SEARCH/RENTALS
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LAKE MUSKOKA GETAWAY, 9 BEDROOMS, 6.5 BATHS – LAKE MUSKOKA
$29,000/WEEK
Cayman Marshall International Realty Inc., Brokerage m.caymanmarshall.com/search/rentals or Find us on Instagram
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CAYMAN MARSHALL – LUXURY COTTAGE RENTALS M.CAYMANMARSHALL.COM/SEARCH/RENTALS
BEACHWOOD, 7 BEDROOMS, 7 BATHS – LAKE ROSSEAU
Cayman Marshall International Realty Inc., Brokerage m.caymanmarshall.com/search/rentals or Find us on Instagram
$45,000/WEEK
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CAYMAN MARSHALL – LUXURY COTTAGE RENTALS M.CAYMANMARSHALL.COM/SEARCH/RENTALS
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DRIFTWOOD, SOUTH WEST EXPOSURE, 6 BEDROOMS, 6 BATHS – LAKE JOSEPH
$45,000/WEEK
Cayman Marshall International Realty Inc., Brokerage m.caymanmarshall.com/search/rentals or Find us on Instagram
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CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
L E A D E R S I N L U X U RY R E A L E S TAT E
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SOLD: MAGNETAWAN RIVER MAGNETAWAN RIVER
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
$479,000
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900 FT., SOUTH EXPOSURE, 2 BEDROOMS, 2 BATHS – LAKE MUSKOKA VILLAS
$699,900
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
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CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
900 FT., SOUTH EXPOSURE, 2+1 BEDROOMS, 2 BATHS – LAKE MUSKOKA
SOLD: PARRY SOUND PARRY SOUND
$949,000
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
$899,900
SOLD: LAKE OF BAYS LAKE OF BAYS
$995,000
900 FT., SOUTH EXPOSURE, 2+1 BEDROOMS, 2 BATHS – LAKE MUSKOKA VILLAS
$999,900
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CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
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SOLD: HUNTSVILLE HUNTSVILLE
$1,195,000
SOLD: BIGWIND LAKE BIGWIND LAKE
$1,349,000
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
33
$1,399,000
900 FT., SOUTH EXPOSURE, 3 BEDROOMS + DEN, 3 BATHS – LAKE MUSKOKA VILLAS
$1,459,900
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LAKE VERNON
CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
SOLD: LAKE VERNON
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
SOLD: HUNTSVILLE HUNTSVILLE
$1,495,000
SOLD: PENINSULA LAKE PENINSULA LAKE
$1,495,000
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CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
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SOLD: FAIRY LAKE $1,498,000
FAIRY LAKE
SOLD: LAKE MUSKOKA LAKE MUSKOKA
$1,550,000
SOLD: LAKE MUSKOKA LAKE MUSKOKA
$1,589,000
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
35
LAKE OF BAYS
$1,695,000
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CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
SOLD: LAKE OF BAYS
SOLD: LAKE MUSKOKA LAKE MUSKOKA
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
$1,779,000
SOLD: LAKE MANITOUWABING
SOLD: LAKE JOSEPH LAKE JOSEPH
$1,795,000
LAKE MANITOUWABING
$1,890,000
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SOLD: LAKE ROSSEAU LAKE ROSSEAU
$2,285,000
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
37
LAKE MUSKOKA
$2,295,000
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CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
SOLD: LAKE MUSKOKA
SOLD: LAKE OF BAYS LAKE OF BAYS
$2,349,000
SOLD: GEORGIAN BAY GEORGIAN BAY
SOLD: LAKE MUSKOKA LAKE MUSKOKA
$2,395,000
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
$2,390,000
SOLD: LAKE MUSKOKA LAKE MUSKOKA
$2,495,000
300 FT., 6 ACRES, DEVELOPMENT LOT – LAKE JOSEPH
$2,495,000
342 FT., 1,250 SQ.FT., 3 BEDROOMS, 2 BATHS – LAKE OF BAYS
$2,499,000
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CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
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Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
39
LAKE ROSSEAU
$2,585,000
SOLD: LAKE OF BAYS LAKE OF BAYS
$2,595,000
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CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
SOLD: LAKE ROSSEAU
SOLD: LAKE OF BAYS LAKE OF BAYS
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
$2,750,000
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CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
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Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
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CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
A STUNNING 98 ACRES, 9,034 SQ.FT., 6 BEDROOM, 8 BATHS GETAWAY JUST FOR YOU! – MUSKOKA LAKES
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
$2,790,000
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CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
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2,417 SQ.FT., 132 FT., 4 BEDROOMS, 3 BATHS – LAKE MUSKOKA
$2,895,000
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
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CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
SOLD: KAHSHE LAKE KAHSHE LAKE
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
$2,990,000
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OWN YOUR OWN PIECE OF
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CAYMAN MARSHALL – INTERNATIONAL LUXURY & LIFESTYLE M.SEARCHMUSKOKAREALESTATE.COM/SEARCH
MUSKOKA HISTORY SLY FOX GOLF CLUB The first thing that greets you when your boat lands at the dock at Sly Fox Golf Club, at the southern entrance to the narrows separating the two bodies of Wahwashkesh Lake, is a plaque mounted on MacRae Rock, a sizable chunk of glacier-polished granite located on the shoreline. The plaque tells the story of two boys who lived, played and worked there more than 80 years ago. Their young lives ended tragically in August 1944, at the height of the fighting during World War II, when the two brothers died in action just one day apart. The younger brother, George Dougald MacRae, had joined the Royal Canadian Air Force, graduating as a pilot with the rank of flying officer. His older brother, Jamie Duncan MacRae, was a lance corporal in the Hamilton-based Argyle and Sutherland Highlanders infantry regiment. The Argyles landed in Normandy just in time to join an
Allied pincer movement, the “Falaise Gap” operation, mounted in mid-August 1944, which was designed to entrap a retreating German army. But in the heat of battle, Jamie MacRae was killed by enemy artillery fire – less than 24 hours after his brother went down in flames over Warsaw, a thousand miles away. Their home, the main lodge of the sportsmen’s resort, has stayed remarkably unchanged since the late 1930s and early 1940s, when as teenagers the two MacRae brothers guided the resort’s clientele to the best hunting in the nearby woods, and fishing in Wahwashkesh Lake, the largest freshwater lake in the Parry Sound district. While the resort still caters to hunting and fishing, the current owner, Herb Schmidt, has built a unique nine-hole executive golf course called the Sly Fox Golf Club. Sly Fox is the third golf course Schmidt has designed and built, and took more than six years to complete. It features two
miles of underground irrigation, capable of pumping 100 gallons per minute to service the sprinkler systems. The property, first developed in 1903, now consists of the 4,000-sq.ft. main lodge with a large wraparound porch, nine individual cottages, eight finger docks, and roughly 2,400 feet of water frontage, encompassing nearly 40 acres on a peninsula, surrounded by Crown land and water. As the plaque says, “This memorial is located at the site of the MacRae Family Hunting and Fishing Lodge, known as ‘The Linger Long Lodge.’” The brothers made the ultimate sacrifice for peace and freedom. And today, we honour their memory. The plaque concludes: “This memorial is placed here by those for whom this lake is a very special place and who enjoy Lake Wahwashkesh Lake ‘in peace and freedom.’”
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Lance Corporal Jamie Duncan MacRae
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Flying Officer George Dougald MacRae
Monument MacRae
2,400 FT., 40.25 ACRES, SOUTH EXPOSURE, 3,870 SQ.FT. MAIN LODGE WITH 9 OTHER CABINS ALONG WITH YOUR OWN PRIVATE GOLF COURSE – WAHWASHKESH LAKE
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
$2,990,000
SOLD: KAWAGAMA LAKE KAWAGAMA LAKE
$2,995,000
SOLD: FAIRY LAKE FAIRY LAKE
$3,100,000
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SOLD: LAKE ROSSEAU LAKE ROSSEAU
$3,195,000
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
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SOLD: LAKE OF BAYS LAKE OF BAYS
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$3,195,000
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SOLD: LAKE ROSSEAU $3,295,000
LAKE ROSSEAU
SOLD: LAKE JOSEPH LAKE JOSEPH
$3,495,000
SOLD: LAKE JOSEPH LAKE JOSEPH
$3,495,000
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STUNNING LAKE VIEWS, 4,100 SQ.FT., 5 BEDROOMS, 5 BATHS – LAKE MUSKOKA
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$3,599,999
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479 FT., 6.72 ACRES, 2,260 SQ.FT., 4 BEDROOMS, 3 BATHS – LAKE JOSEPH
$3,695,000
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SOLD: LAKE MUSKOKA
SOLD: LAKE MUSKOKA LAKE MUSKOKA
$3,799,000
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
LAKE MUSKOKA
$3,999,900
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$3,795,000
LAKE JOSEPH
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SOLD: LAKE JOSEPH
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SOLD: LAKE ROSSEAU LAKE ROSSEAU
$4,295,000
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LAKE MUSKOKA
$4,495,000
LAKE JOSEPH
$4,595,000
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SOLD: LAKE JOSEPH
SOLD: LAKE MUSKOKA
SOLD: LAKE MUSKOKA LAKE MUSKOKA
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
$4,740,000
WHAT MAKES AN EXCLUSIVE LISTING EXCLUSIVE? An exclusive listing with Cayman Marshall is a level of service uniquely created to get your luxury property front and centre to interested buyers: quality over quantity. Exclusive listings start with a personalized marketing plan rolled out to the more than 27,000 people in our database and visitors to our website. When you list exclusively with Cayman Marshall, our team will have the sole right to showcase your property for the duration of the listing. Concessions can be made for other brokerages, but only for genuine, qualified prospects. Regardless of whether you’re a motivated buyer or seller, an exclusive listing with Cayman Marshall is a great option for those that want an alternative to MLS.
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300 FT., 1.39 ACRES, 1,700 SQ.FT., SOUTH EXPOSURE, 3 BEDROOMS, 1 BATH – CLEAR LAKE
$1,299,000
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310 FT., 14.52 ACRES, 3,000 SQ.FT., 4 BEDROOMS, 3 BATHS – LAKE ROSSEAU
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
$2,395,000
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SOLD: LAKE VERNON LAKE VERNON
$2,995,000
SOLD: LAKE VERNON LAKE VERNON
$3,395,000
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310 FT., 5,000 SQ.F.T, 7 BEDROOMS, 5+2 BATHS – LAKE ROSSEAU
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
$8,995,000
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337 FT., 6.90 ACRES, 4,100 SQ.FT., 6 BEDROOMS, 7 BATHS – LAKE JOSEPH
$5,750,000
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
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$6,495,000
BEAUTIFUL BUILDING LOT – 520 FT., 59 ACRES, SOUTH EXPOSURE – LAKE JOSEPH
$6,995,000
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LAKE ROSSEAU
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SOLD: LAKE ROSSEAU
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649 FT., 7,200 SQ.FT., 6 BEDROOMS, 6 BATHS – LAKE MUSKOKA
$6,995,000
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
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SOLD: LAKE ROSSEAU LAKE ROSSEAU
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$7,195,000
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SOLD: LAKE ROSSEAU LAKE ROSSEAU
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
$7,395,000
SOLD: LAKE MUSKOKA LAKE MUSKOKA
$7,495,000
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SOLD: LAKE JOSEPH LAKE JOSEPH
$7,995,000
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SOLD: LAKE ROSSEAU LAKE ROSSEAU
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$7,995,000
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CONTINUED ON NEXT PAGE 300 FT., 2.27 ACRES, 5,958 SQ.FT., 6 BEDROOMS, 5 BATHS – LAKE JOSEPH
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$9,950,000
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CONTINUED FROM PREVIOUS PAGE 300 FT., 2.27 ACRES, 5,958 SQ.FT., 6 BEDROOMS, 5 BATHS – LAKE JOSEPH
$9,950,000
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1,092 FT., 40 ACRES, DEVELOPMENT PROPERTY, SOUTHWEST EXPOSURE, LOCATED ON PRIME – LAKE JOSEPH
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$13,995,000
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CONTINUED ON NEXT PAGE 620 FT., 2.81 ACRES, 7,480 SQ.FT., SOUTH WEST EXPOSURE, 5 BEDROOMS, 4 BATHS – LAKE JOSEPH
Cayman Marshall International Realty Inc., Brokerage m.searchmuskokarealestate.com/search or Find us on Instagram
$15,995,000
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CONTINUED FROM PREVIOUS PAGE 620 FT., 2.81 ACRES, 7,480 SQ.FT., SOUTH WEST EXPOSURE, 5 BEDROOMS, 4 BATHS – LAKE JOSEPH
$15,995,000
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SOLD: LAKE ROSSEAU LAKE ROSSEAU
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$16,995,000
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CONTINUED ON NEXT PAGE 304 FT., 2.35 ACRES, 6,700 SQ.FT. , NORTH WEST EXPOSURE, 4 BEDROOMS, 3 BATHS – LAKE ROSSEAU
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CONTINUED FROM PREVIOUS PAGE 304 FT., 2.35 ACRES, 6,700 SQ.FT. , NORTH WEST EXPOSURE, 4 BEDROOMS, 3 BATHS – LAKE ROSSEAU
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Our products are made from the finest materials available. Cantilevered Boat Awnings, Dock Slip Covers, Dock & Deck Shades, Car & Boat Protection, Winter Car or Boat Storage and Dock Ladders.
aquadome.ca (705) 645-5115 | info@aquadome.ca | 27 Barron Dr, Bracebridge, ON
CAYMAN MARSHALL ADVANTAGE “Become so skilled, so vigilant, so flat-out fantastic at what you do that your talent cannot be dismissed.” – Oprah Winfrey When we opened the doors of Cayman Marshall International Realty Inc. as a small boutique brokerage firm to serve the Muskoka real estate market in 2012, we did so with the intention of redefining the level of service that clients could expect from our real estate professionals. Since then, we have grown into an impressive team of top-producing realtors and brokers committed to ensuring our clients receive the highest level of service when buying or selling property in one of Canada’s most sought-after luxury destinations. We at Cayman Marshall have been entrusted with the most prestigious waterfront properties in Muskoka. As leaders in luxury and waterfront real estate, we have had record sales on many of Muskoka’s finest lakes with sales now surpassing the billion-dollar mark we’ve secured our position as a leader in luxury real estate. We have offices in Port Carling, Huntsville/Lake Of Bays and Toronto. Our in-house IT professionals have developed proprietary online tools and software, interactive and intuitive websites, lifestyle tours, stunning photography and an astonishing network of over 400 local and international referral partners to ensure our clients’ listings get the exposure they need to attract the most discerning local and international buyers.
The Cayman Marshall team celebrating 2018 sales in Montego Bay Jamaica.
Cayman Marshall was named one of “Canada’s Fastest Growing Companies” by McLean’s Magazine two years in a row (2018 & 2019). We have also been named one of Canada’s fastest growing companies by the Globe and Mail this past Fall. We expect to keep our title as the disrupter in luxury real estate.
We now print four issues per year, with an annual distribution of 200,000. Each magazine is delivered to the front door of homes and cottages of highnet-worth clientele throughout Ontario.
Founded on the principles of teamwork, service and value, Cayman Marshall is the best advantage for buyers and sellers alike in Ontario. If you’re looking for a real estate solution that’s undeniably different, please reach out to myself or one of my teammates and start experiencing the advantage!
We are proud to mention that the Cayman Marshall Port Carling brokerage was just voted (by a large panel of international judges) to be the “Best Real Estate Agency in Canada”, two years in a row – a title that we cherish!
Todd Adair
Cayman Marshall International Realty Inc., Brokerage caymanmarshall.com ■ Sales Representative* Broker & Broker of Record**
OCTOBER 2020 79 ■
MEET THE TEAM...
RAY DICKSON**
TODD ADAIR*
President/Sales Representative Todd became the President of Cayman Marshall International Realty in 2012. He then became the majority shareholder and recently purchased the entire company. In Todd’s downtime, you will find him buying, building or renovating his own real estate projects, on the water wakeboarding and kite surfing, or hacking up the fairways of a local golf course. However, Todd’s most important job is being a husband and father to his family of four.
JEFF LIDDLE*
Sales Representative Jeff entered into real estate in 2008 facing a down market and a recession. Overcoming the odds, Jeff has now become a “top producer” in his industry. Working and living in Muskoka comes with a deep appreciation; it is this appreciation that Jeff portrays to his clients every day.
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KRISTIN McCREA
Office Manager/Personal Assistant to Todd Adair
Kristin and her family enjoy calling Muskoka home. In 2015 Kristin began her career with Cayman Marshall and has been lucky to work alongside some of the most talented agents in the business. During her spare time you can find Kristin and her family experiencing all the outdoor activities that Muskoka has to offer.
MIKE ARNOLD*
DAVID BEMMANN**
Broker of Record
Sales Representative
Ray has been enjoying Muskoka for the past 40+ years and is happy to call it home with his wife Johanna and their two boys. His passion for Muskoka is equally shared with everything real estate and his “this is what I do because I love it” approach.
With 25 years’ experience in sales and marketing, joining the Cayman Marshall team was a great fit for Michael. His “customer first” dedication to his clients has always resulted in successful long-term relationships. With a passion for boating and water sports, Michael looks forward to enjoying all that the Muskoka Lakes has to offer.
Broker
MEREDITH PARSONS
SARAH POUNTNEY*
CLAUDIA SPAHR-KAYE
With over 13 years of experience, Dave has become a top selling agent of luxury waterfront property in Muskoka. Dave lives on Lake Rosseau and spends much of his time on the water. His commitment to customer service, professionalism and honesty provides his clients with an enjoyable and successful real estate experience.
Designer/Stylist
Licensed Assistant
Rental Manager
Meredith was born and raised in Mississauga and spent her summers as a child exploring Muskoka. Meredith developed a love for architecture and design at a young age and was able to turn her passion into a career after completing her education in Interior Design at Ryerson University. With over 5 years of experience in the design industry, Meredith is developing her craft while creating beautiful and timeless interiors.
Sarah was born and raised just North of Muskoka. She enjoys the outdoors on the lakes of Muskoka, and islands of Georgian Bay. Sarah is passionate about travel. She has just returned home from Turks and Caicos Islands where she worked in Private International Banking. With over thirteen years of experience in customer relationship building, she is an excellent addition to the Cayman Marshall Team.
Claudia was born in Toronto and grew and in the Durham area. She relocated to Huntsville with her family 6 years ago. She has travelled around the world during her 20 year career in aviation. Working as a corporate flight attendant for ONEX, she perfected her customer service and culinary skills while working for some of the world’s most influential people.
Cayman Marshall International Realty Inc., Brokerage caymanmarshall.com ■ Sales Representative* Broker & Broker of Record**
CAT BROWN*
STEVE HADDOCK* AMANDA HOOKINGS*
Sales Representative
Sales Representative
Growing up in Waterloo, Cat was fortunate enough to spend all of her summers at her family cottage on Lake of Bays. Cayman Marshall sought after Cat for her enthusiastic, positive attitude and Cat is now thrilled to be building a career in Sales with the Cayman Marshall Team.
Steve is a strong relationship builder, honest and dedicated to Customer Service. This combined with his intimate knowledge of Muskoka lakes and area has made him a consistent top producer. Steve is an avid cyclist and golfer and maintains residences in Toronto and Muskoka and ties to both communities. His mantra and favourite quote is to “get up, dress up, show up, and never give up”.
MICHELLE STILLAR*
CHARLIE VANDERPOL*
Sales Representative
Licensed Assistant
Michelle being born and raised on the northern shores of Georgian Bay loves being on the water and being involved in the real estate market. Her love for renos gives her an inside scoop in the world of home and cottage ownership and being the newest member, looks forward to being a valuable asset to the team!
Charlie made the move over 6 years ago to beautiful Muskoka where she spent time growing up on the lake and always wanting to make Muskoka part of her roots and pursue her career. With many years of experience in customer service and relations, Charlie is determined and focused on customers and the team members of Cayman Marshall, making her a great addition and asset to our team.
Licensed Assistant Growing up in Toronto, Amanda spent summers going to camp in Muskoka and always enjoyed the atmosphere and beauty the area had to offer. With over six years of experience in customer relations, Amanda is an ideal fit for the Cayman Marshall team.
Cayman Marshall International Realty Inc., Brokerage caymanmarshall.com ■ Sales Representative* Broker & Broker of Record**
JESSICA KAYE*
KALLAN KOCH
Sales Representative
Chief Editor
Jess prides herself on being born and raised in Muskoka, spending summers on the lakes and winters on the snowmobile trails. Jess’ understanding for Muskoka is what helps her succeed in making the real estate transaction successful and enjoyable for all her clients.
Kallan is originally from Ottawa but has called Muskoka her home for the past three years. Kallan is an outdoors enthusiast and enjoys all that Muskoka has to offer. With many years of experience in customer service, we are delighted to have her on our Cayman Marshall team!
CAYMANMARSHALL.COM HEAD OFFICE: 202-97B Joseph Street, Port Carling, ON P0B 1J0 705-765-5759 BRANCH OFFICE: 133 Highway 60, Suite 8, Huntsville, ON P1H 1C2 705-765-5759 TORONTO OFFICE: 99 Yorkville Avenue, Suite 200, Toronto, ON M5R 3K5 647-696-4733
OCTOBER 2020 81 ■
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2021 BOATS ARE AVAILABLE FOR CUSTOM ORDER
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