Once you’ve picked an area to explore, hire a knowledgeable local real estate agent and arrange some viewings.
Instead, concentrate your search on the literally thousands of inland lakes and rivers that offer the best value for your money.
Scouting out cottage country is time-consuming, so we at Money Sense have done much of the legwork for you.
There’s a healthy supply of cottages available at almost every price point across Canada.
“The best values are for people who are willing to drive a little further than the preferred one-and-a-half-to two-hour drive,” says Parry Sound, Ont. “I have quite a few waterfront listings under $400,000.
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“There was a huge expectation that the recreational market would be hot this spring, but so far, it hasn’t translated into a hot market in cottage country for us,” says Anita Latner, a broker with Anita Latner Realty in Muskoka, Ont.
“Given the great weather that we had in March and April, and the low interest rates, the phones should have been ringing more.
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