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...
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...
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...
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...
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...
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...
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...
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...
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...