Sales of waterfront recreational properties in the Lake Simcoe region of Ontario hit a record-high in 2016.

Chestnut Park Real Estate Brokerage reports that Lake Simcoe waterfront sales were up 82 per cent from 2015 and 109 per cent from 2014. The figures are based on analysis of sales of homes priced at $300,000 and above in the five areas the brokerage serves: Georgina, Beaverton, Orillia, Ore-Medonte and Innisfil.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

More market watch: