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Royal LePage: Cottage investment still paying off
“Fewer people are looking to acquire recreational property for its investment value this year, a direct result of rising cottage prices. The brave bargain hunters that purchased during the depths of the 2008-2009 recession have been rewarded by appreciating prices this year,” Phil Soper, president and chief executive, Royal LePage Real Estate Services, said in a news release.

A look at three-bedroom, land-access properties with 100 feet of waterfront as described in the 2010 Royal LePage Recreational Property Report shows prices have been stable, or on the rise, in the past year. Here are some highlights:

• East Kawarthas:  Located 90 minutes from Toronto, the... more

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