Cottage Country Real Estate

Muskoka chairs on a wooden deck

Cottage and Cabin Trends in Canada

Cottages and Cabins 

Cottage and cabin trends in Canada vary from province to province. Many of us have enjoyed escaping up north or to one of the Great Lakes for a weekend or a few weeks away in the summer. 

There’s just something special about getting out of the city for a while and reconnecting with nature. We get to sometimes even leave technology behind if we choose to and explore the beautiful nature around us. 

The cottage and cabin trends in Canada change with each generation. Today we’ll see what the differences are between Millennials and Baby Boomers. How each generation is using their vacation property, their interest in purchasing one and what that means to the real estate industry. 

A Recent Study about Cottages and Cabin Trends in Canada 

There was a recent study that showed 56% Canadian Millennials are interested in recreation properties. And that these numbers are higher than ever. That the percentage is up 14% from last year where is was 42%. In 2018 91% of these recreation properties were due to Baby Boomers. And they continue to be the driving force in 2019. 

“We are finally witnessing the beginning of a long anticipated generational shift of buying power from Baby Boomers to Millennials. With the high cost of urban living taking many young homebuyers out of those markets, more Millennials are contemplating recreational properties as a viable option for home ownership.” Says Christopher Alexander, Executive Vice President, RE/MAX of Ontario-Atlantic Canada. 

Livability Plays a Crucial Role 

It’s also important to note that in a survey there was a reported 61% that named affordability as the most important factor. While livability also plays a crucial role in their selection process. And there was another 61% of Canadians that indicated that these recreation properties are places they enjoy. And that it’s a place where they can go and relax and spend time with family and friends. 

In the same survey they found that 58% see these recreation properties as a getaway home. While 43% said they take part in activities that they normally wouldn’t at there terminate residence. And 58% of Millennials and 38% of Baby Boomers said that these properties are for those activities. For example some of those activities could be hiking, fishing, boating, etc. 

Atlantic, Ontario and Western Canadians 

We can now take a look at cottage and cabin trends in each region. The study found that 39% of Atlantic Canadians are looking for a property that’s secluded. While 25% of Ontarians and 28% of Western Canadians are looking for properties that are in good proximity to waterfront, towns and medical facilities. 

Travel Time to Recreational Properties 

The survey also discovered that 54% of Canadians travel 2 hours or less to their recreation properties. And that only 22% travel 3 hours or more. It seems that most Canadians want to have that escape from the city, but not have to deal with too much travel time. 

“With recreational properties more in reach today compared to the past, Travelling to your cottage or cabin is often accompanied by the Friday and Sunday rush, meaning increased traffic and longer travel times. Therefor it’s reasonable for buyers to take shorter travel times into consideration when choosing a recreational property.” Says Christopher Alexander, Executive Vice President, RE/MAX Atlantic-Ontario. 

Should You Consider a Recreational Property?

This is a great question and with the help of a REALTOR you can figure out if it’s something you’re ready for. There are lots of options depending on location and what your budget it. That’s why it’s so important to work with a REALTOR. 

Contact Lori VanDinther Today 

If you’re ready to start looking for a new home or a recreational property now is the time to contact Lori VanDinther. You can discuss next steps and if you’re curious to see what you home is worth, check out Lori’s What’s My Home Worth Calculator

Cottage and Cabin Trends in Canada Read More »

Recreational Property 2017 stat

2017 RE/MAX Recreational Property Report

RE/MAX released their annual Recreational Property Report for 2017, and here are 3 interesting facts:

  • 43% of Canadians would consider buying a cottage or some type of recreational property in the next 10 years.
  • 28% of Canadians with children under the age of 18 would consider selling their primary residence in order to help finance the dream recreational property.
  • 56% of Canadians spend time at a cottage to find peace and quiet.

There is also a trend for people to consider fractional ownership, by buying the recreational property with a friend, a family member or by renting out on websites like AirBnB.

A large number of recreational property buyers are young families with children and retirees, who are selling their homes and in turn buying cottages.

But they’re not the only group expressing interest in recreational property ownership. A Leger’s survey of Canadians, showed that 65% of millennials are planning to buy a cottage, cabin or ski chalet in the next 10 years. Some of them would consider this as an investment vehicle too.

Featured recreational property locations in Ontario are:

  • Thunder Bay
  • Manitoulin Island & The French River
  • Lake Huron
  • Georgian Bay
  • Lake Simcoe & Area
  • Muskoka & Haliburton
  • Peterborough & The Kawarthas
  • Rideau Lakes Region

See the full 2017 RE/MAX Recreational Property Report.

2017 RE/MAX Recreational Property Report Read More »

RE/MAX Recreational Property Report: Sunny Skies Ahead


National recreational property sales and listings have rebounded from a slow start caused by the late spring and cold winter experienced in many markets throughout the country. Across Canada the recreational property market is showing healthy activity that should lead to modest increases in sales and prices in most markets through the rest of the year.

Download full report here (PDF, 23.6MB)

Here is the summary for Ontario:

Thunder Bay
Entry Level – $150K
High End – $350K

Sudbury Median Price
+18.2% from $340K to $347K

Grand Bend
Entry Level – $100K
High End – $3M

Port Elgin/Southhampton
Entry Level – $200K
High End – $1.15M

Bruce Peninsula/Sauble Beach
Entry Level – $225K
High End – $750K

Collingwood Median Price
+6.8% from $505K to $540K

Wasage Median Price
+3.1% from $273K to $281K

Port Severn/Honey Harbour
Entry Level – $350K
High End – $1.4M

Parry Sound
Entry Level – $300K
High End – $800K

Barrie-Innsfil & Oro
Entry Level – $600K
High End – $2.4M

Keswick/Georgina Median Price
+7.9% from $342K to $371K

Orillia Median Price
+5.3% from $225K to $238K

Port Carling/Bala
Entry Level – $400K
High End – $7.35M

Entry Level – $300K
High End – $6.4M

Huntsville/Lake of Bays
Entry Level – $300K
High End – $5M

Haliburton Median Price
-0.7% from $342K to $340K

West Kawartha
Entry Level – $300K
High End – $5M

East Kawartha Median Price
+6.8% from $345K to $360K

Ottawa Region
Entry Level – $225K
High End – $460K

Prince Edward County
Entry Level – $275K
High End – $2M

If you’re looking to buy or sell your cottage in Ontario — talk to Lori VanDinther, an experienced RE/MAX® REALTOR® who will guide you, every step of the way.

RE/MAX Recreational Property Report: Sunny Skies Ahead Read More »