Where Can I Afford a Cottage in Canada?
Filed under: Budgeting & Planning, Economizer, House & Home, Real Estate
As Canadians we know the big three cities - Toronto, Vancouver and Montreal - aren't the most affordable places to live, with Vancouver taking the top spot as having the highest cost of living of all the Canadian cities. And waterfront homes in urban centres fetch ridiculous amounts - take this recent sale of an $8 million cottage-like home in Toronto's Beach neighbourhood.So when we want to escape to the cottage, cabin or summer house, where to go?
Regions close to these cities, places like the Okanagan, Muskokas and Laurentians aren't the place to find a budget summer spot for most of us.
Those who want a cottage or cabin may need to rethink the ultimate destination. So where to focus to find the summer home bargain of our dreams?
Owning a place to call your own is understandably a top priority for many Canadians. Buying that first or only home is also likely to be the biggest financial decision many of us will ever make.
Buying a home is a daunting task, let alone buying one in another country. Yet a good number of Canadians relish the chance to own their little plot of somewhere else, particularly if that plot lies baking beneath the nice warm sun.
Canadians have long had an interest in U.S. real estate, especially in sunny vacation spots in Florida and Arizona. It is rare though for such a great window of opportunity to open as it has now.
There are some great money-making opportunities in Canadian
It's a question many homeowners often ask themselves: could I save myself thousands of dollars by bypassing the real estate agent and selling my home myself? After all, the Internet has made private home sales much more accessible with numerous For Sale By Owner websites that allow sellers to market their homes to a wide audience without the use of an agent. How hard can it be?







