Demand for Luxury Northern Ontario Properties Rises

Photo: Flickr / KitFor many prospective property buyers with a little extra cash, the once-fabled option was to purchase a summer home or quiet getaway cottage in the highly coveted areas of northern Ontario. But what happens if one already owns s...
read more


Surge in Ontario Cottage Sales

Photo: Flickr / KitDue to historically high home prices around the Greater Toronto Area, more and more northern communities in Ontario have reported an increase in real estate sales activity as property buyers are looking in communities such as Mu...
read more


Cottage prices in Ontario off to a slow start

The coldest winter in decades has taken its toll on the price of cottages in Ontario. With the snow and ice only recently melting, some docks are still under water, making lakefront property a tough sell so far this year.Cottage prices are down five...
read more


A tough start to spring for selling cottages in much of Canada

This spring has been especially tough for selling cottages and recreational properties in the majority of Canada, as the unseasonably cold weather lingered on until April in some parts.“It was a slow start this year,” says Steven Curry, a realtor in...
read more


61% of Baby Boomers Don’t Plan to Pass on Cottage to Children: S

Adult children eager to inherit the family cottage could be in for a rude awakening, says a British Columbia financial institution.According to a survey by BlueShore Financial, among those who own cottages, 61% don’t plan on passing the property on t...
read more


Quebec is your destination for affordable cottages

More Canadian families are looking to purchase cottages this spring, according to a report by Royal LePage. The coldest winter in decades may have delayed buying activity for cottages in 2014, but now that summer-like weather is finally here, bu...
read more


Cottage prices and sales increasing according to realtors

Rapidly increasing home prices in big cities may also be adding to the increase in sales of cottages, say some real estate experts. “We are seeing more people who are using the equity in their homes in the city to finance their cottage. They’re...
read more


Financing a Cottage is a lot Different Than a House

If you think financing a cottage is the same as financing a house, you’re in for a big surprise. Pre-approval on a mortgage is especially important because of the different types of properties available, says Barrie, Ontario, RBC mortgage specialist...
read more


Cottage Sales are Finally Starting to Pick Up Steam

After the coldest winter in decades, cottage sales are finally starting to pick up steam.Based on a survey of its brokers who specialize in the market, Royal LePage says inventory levels are rising along with sales.“Advisors across the country are re...
read more