Real Estate Blog - cottage country

Can You Afford a Cottage?

Posted by Infinity Admin on August 16th, 2022

You want to buy a cottage, but can you afford a cottage? At the height of the coronavirus pandemic, cottages became hot commodities across the country and prices skyrocketed. Traditionally, these properties were considered recreational by nature, visited on weekends during the summer or for seasonal maintenance by winter.

But why can’t you live in your waterfront cottage all year long? This was the question many households had during the pandemic. When they had their answer from employers by way of remote work, they packed up their things and relocated to the likes of Muskoka, the Kawarthas and Haliburton, to buy one of the many beautiful cabins, chalets and cottages in the region.

Now that the Canadian economy is reopening, offices are opening…

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Five Important Factors When Buying a Cottage

Posted by Infinity Admin on June 19th, 2022

If you’re considering buying a cottage in Canada and have been watching the market, you already know this market segment has seen a surge in competition between buyers over the last decade. In recent years, cabins and cottages have been in high demand, as interest in renting out personal properties for extra income has become more accessible through various online platforms.

While purchasing a cottage as a recreational property or even as a year-round home can be an excellent investment in both the short and long term, there are some important factors to consider during your hunt for the perfect getaway home. Below we break down five important factors to consider when purchasing a recreational property

5 Factors to…

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Has Work-from-Home Culture Changed the Cottage Industry?

Posted by Infinity Admin on June 17th, 2022

  

As recent as two years ago, traveling to the cottage was an event reserved for the weekends and summer months. Now, thanks to the rise in remote working, more and more Canadians are taking their full-time nine-to-five jobs to cottage country. 

Since the onset of the COVID-19 pandemic, thousands of Canadians have migrated permanently to rural vacation markets, regions that have traditionally served as vacation and cottage hotspots. This heightened demand has sent recreational property prices higher and inventory lower, with multiple buyers competing for cottages that offer the ability to work from home in Canada’s picturesque countryside. For many, working remotely from the cottage is a decision not just driven by real estate prices, but also a…

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