A recent article by HSBC has listed Bancroft as the best place in Canada to buy real estate.
The article published by MoneySense Magazine says the town has seen a 78% growth in property values over the last three years as of 2020. That value only has grown since then, with the average home sale price hitting over $576,000 in March 2021.
Reasons cited by the article include proximity to Algonquin Park and cottage country, its retail, schools and healthcare, growing economy and location in between Ottawa and Toronto.
Other regional places listed include Quinte, Kawartha Lakes, Peterborough and the Kawarthas.