Cottages Across Canada Seeing ‘Unbelievable Levels of Demand’

Source – msn.com

  • “…In the Maritimes, where the average cottage price is expected to jump from $194,000 to $255,000, the market has seen an uptick in out-of-province buyers, especially from Ontario and Quebec…Affordability and beauty” is another reason. “(The Maritimes) are gorgeous and the cost of recreational property in Atlantic Canada is maybe a third to half of what you pay in Ontario”

Cottages Across Canada Seeing ‘Unbelievable Levels of Demand’

‘Once people got the idea that they can work from home, they started casting their eyes farther afield’

By Bianca Bharti

The appeal of owning a cottage in the country appears to be growing along with the trend of telecommuting, which allows many professionals to work from just about anywhere.
The appeal of owning a cottage in the country appears to be growing along with the trend of telecommuting, which allows many professionals to work from just about anywhere. Photo by Getty Images

Christopher Alexander, chief strategy officer for RE/MAX Ontario-Atlantic Canada, speaks with the Financial Post’s Larysa Harapyn in the video below about the ‘unbelievable levels of demand’ for recreational properties across Canada.

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