Recreational Real Estate & Cottage Properties
Demand for recreational real estate is on the rise. Recreational properties may be cottages, ski chatels and recreational condos (such as those that are a part of the Blue Mountain Village Association), or other recreational properties that are part of a rental pool. Whether you are purchasing such a property for personal use or for investment purposes, there are a number of special considerations when buying such a property, including the searches that should be conducted prior to closing and the additional requirements of lenders that must be satisfied when arranging for financing.
At Werhun Law, we have acted on the purchase of recreational and cottage properties
all over Ontario, including but not limited to, Muskoka, Collingwood, Wasaga Beach,
Georgian Bay, Tiny Township, Niagara-on-the-Lake, Prince Edward County, Kawartha
Lakes, and in the Ottawa region.
We can guide you through the process and navigate you through the unique complexities involved in purchasing recreational real estate and cottage properties.