The property at 2787 Simcoe Rd.
Mr. Lackie points to one house he recently listed with an asking price of $579,000.
In April, 2017, the Ontario provincial government introduced a foreign buyer’s tax and other measures intended to cool the market.
She predicts demand will keep pace because retirees, downsizers and first-time buyers priced out of the city are all looking in areas such as Orillia, Brechin, Beaverton, Cannington and Washago.
One couple from the bedroom community of Whitby, east of Toronto, had been looking for three years.