Recreational Property Popularity

Blog by Ottawa Real Estate | Ottawa Homes for Sale | Ottawa Relocation | July 30th, 2018

thumb One of the attraction of living in the Ottawa area is the proximity to cottage, camping, boating, hiking and other recreational options within reasonable commute. The Cottage pricing is the Greater Ottawa area is 1/3 to 1/4 of the cost of what it would cost to purchase in the Toronto area. More and more Toronto buyers are moving to Ottawa with quality-of-life, affordability and access to recreation in mind. Purchasing a home and cottage is on their wish lists. 
A RE/MAX survey conducted in the spring showed that 91 percent of popular Canadian recreational markets are being driven by retirees. The focus is to have a family destination and meeting place. More and more of these cottages are becoming four season destination with year round features and community destinations.