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Summary

Canada’s Best Town To Buy Real Estate Is Also A Super Popular Vacation Spot

This Ontario town is one of Airbnb's top trending destinations this summer.

Toronto Associate Editor

A small town in the middle of Ontario's picturesque cottage country was recently named the best place to buy real estate in Canada, but that's not all it's known for.

The town of Bancroft was ranked number one for offering homeowners the best value on real estate in 2021, according to a report published by Zoocasa last week.

The town is about two and a half hours west of Ottawa and an hour from Algonquin Provincial Park. The average price of a home in Bancroft was $292,733 last year, with three-year growth of 78%.

This region is also one of Canada's most popular places to book a nature getaway, according to data provided to Narcity by Airbnb. Bancroft-Madawaska is one of the top trending destinations to book on Airbnb this summer because of its proximity to nature and the provincial park.

The most wish-listed properties in the region give you an idea of its beautiful surroundings, like this Off-Grid Cliffside Cabin with Private Lake and this Tiny Cabin in the Trees.

Some of the homes for sale in the area are equally as desirable, with spacious lakefront properties listed for less than $500,000.

Explore this list   👀

    • Toronto Associate EditorAlex Arsenych (she/her) was a Calgary-based Associate Editor at Narcity Canada, covering everything from what's trending across the country to what's happening near you. On top of her Bachelor of Journalism, Alex graduated with a history degree from the University of Toronto. She's passionate about past and present events and how they shape our world. Alex has been published at Now Magazine, Much, MTV, and MTV Canada.

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    A buyer's market is finally taking shape across much of Canada. 🏡

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    Canada's housing market is set to get cheaper and 5 cities are dropping more than Toronto

    A buyer's market is finally taking shape across much of Canada. 🏡

    This Ontario gem with waterfront towns and beaches is one of Canada's 'best' spots to live

    It has "large" homes "priced much lower" than major Canadian cities.