The economy in Muskoka is vibrant and bursting with opportunity, as cottage country is still one of the nation's most beloved areas to settle in for a relaxing weekend or a few weeks away, or even as a permanent cottage home surrounded by beautiful scenery.
Muskoka doesn't just have its amazing outdoor and nature fueled activities to enjoy however, as the surrounding areas such as Huntsville, Gravenhurst, and Bracebridge all offer other amazing amenities such as plenty of delicious eateries, shops, boutiques, and much more.
With all of the incredible spots all around the Muskoka District, and its largest industries driven by visitors who keep coming back year after year, it continues to be only upwards from here for the economy in this area.
As it's also brimming with lakeside cottages that look like they came right out of a storybook, as well as a scene for recreation, arts, culture, wildlife, gorgeous forests, the constant opportunity for adventure, and much more, you're looking at the ideal area for commercial properties in Muskoka as an investment opportunity.
Cottage Country Is Brimming With Tourism
As tourism is Muskoka District's leading source of revenue, this should come to no surprise as the Greater Toronto Area is two hours south of the area. With such a large population of big city crowds looking for a weekend getaway or even weeks in the summer, Muskoka is an obvious choice when it comes to travelling right nearby for a great time with friends and family.
With over 3 million visitors every year, you're looking at a booming tourism industry that thrives off of the cottage real estate in the area, as well as the select number of shops and restaurants there are to offer.
The proximity to nearby large urban centers always brings in a crowd of people, and the great thing about commercial properties in Muskoka is that they are there to thrive year-round. As cottage country isn't just a place people visit in the cold winter months when they want to getaway to a cozy cabin, but also a beloved summer, spring, and fall experience with endless outdoor fun including hiking with rewarding views and the countless waterfront activities.
As the area is filled with small-businesses, many run by families and with no more than 1-4 employees, you don't have to dive in and start big as soon as you're looking to invest in a commercial property, but even owning one of the many businesses and seeing its value rise over time as cottage country remains a precious gem of an area which only increases with popularity, you simply can't choose better.Posted by Leah Ambler on
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