With the weather beginning to warm and the days getting longer, the taste of summer is in the air. Many Canadians are looking forward to that first annual trip to the cottage. Perhaps this will be the year you and your family invest in a recreational property all your own…
According to the Royal LePage® 2024 Spring Recreational Property Report, the median price of a single-family home in Canada’s recreational regions is forecast to increase 5.0% in 2024 to $678,930, compared to 2023, as a boost in consumer confidence brings sidelined buyers back to the market. All of Canada’s provincial recreational markets are forecast to see an increase in single-family home prices in 2024. Ontario is expected to record the greatest price appreciation, at 8.0%.
Looking to buy a cottage or cabin this year? Here are four homes you can purchase in Canada’s recreational property markets today:
Quebec
Location: 120 Ch. Parmenter, Sutton
List price: $814,900
Size: 2,056 square feet
Rooms: 3 bedrooms, 1+1 bathrooms
Listing agent(s): Isabelle Gariépy (Residential Real Estate Broker) and Véronique Boucher (Residential Real Estate Broker), Royal LePage Au Sommet
Ontario
Location: 5045 Ardoch Road, North Frontenac
List price: $1,800,000
Lot size: 3.65 acres
Rooms: 4 bedrooms, 3 bathrooms,
Listing agent(s): Diana Cassidy-Bush (Sales Representative), Royal LePage ProAlliance Realty
Alberta
Location: 304-505 Spring Creek Drive, Canmore
List price: $999,000
Size: 1,157 square feet
Rooms: 2+0 bedrooms, 2 bathrooms
Listing agent(s): Brad Hawker (Associate Broker) and Drew Betts (Associate Broker), Royal LePage Solutions
British Columbia
Location: 1254 Fosters Pl, Courtenay
List price: $1,380,000
Size: 2,676 square feet
Rooms: 5 bedrooms, 3 bathrooms
Listing agent(s): Rick Gibson (Sales Representative) and Felicity Buskard (Sales Associate), Royal LePage In The Comox Valley
Want to know more about recreational homes in Canada? Read about the latest market trends and insights in the recently-released Royal LePage® 2024 Spring Recreational Property Report.
*Please note that since the time this article was published, the status of the property may have changed
