The new year brings new and exciting projects. If you are contemplating investing in real estate, thinking outside the condo/big city box is an opportunity worth exploring. While the condo boom is still in full swing in major Canadian cities, investing off the beaten path can be an interesting long-term opportunity. Read on and discover why owning a custom-built cottage may be the investment for you

The cottage: real estate investing as a lifestyle choice

Who hasn’t dreamt of owning their own slice of cottage paradise? While the lure is definitely strong, cottage ownership is not for everyone. A recreational property comes with its share of responsibilities: maintenance, mortgages and other costs. However, investing in a cottage can pay off in the long-term. As such, a second home should be just as much about lifestyle as real estate investing. In other words, this type of investment is only worthwhile if you use the cottage as much as possible. You should commit to going on the weekends and during holidays.   

The cottage: real estate investing for retirement

   Real estate investing in the cottage market is more about the long-term. Typically, appreciation rates are higher in larger cities than in rural areas. Thus, buying a cottage as a short-term investment is likely not a lucrative move. But if you plan to retire there, buying something that meets both your short- and long-term goals is key. Especially if you want to pass it down to the next generation. As such, you should look for a place in an area that makes sense now and in the future. Which leads us to our next point: location! 

The cottage: real estate investing for rental potential and resale value 

When it comes to investing in real estate, location is always at the top of the list. Location will ensure your cottage’s value increase over time. Additionally, location plays an important role in your cottage’s rental potential. In fact, the most sought-after features for both buyers and renters include: a close drive to major cities and a location by a lake or ski hill Another important feature to consider is year-round activities and attractions. For example, think summers by the lake, winters on the slopes, with fall colours and spring hiking in between! Investing in areas that attract tourists year-round will ensure that property values and rents will continue to rise. Additionally, when contemplating what type of property to buy, look for one with land. While this may seem like more maintenance versus a condo, it is land that will appreciate in value. You will get a better return on your investment if you buy a cottage with land. 

The custom-built Kanata Tremblant cottage

   With turnkey cottages for sale as well as land, investing in Kanata Tremblant is a smart move for the future. The beautiful cottage models can be custom designed to suit your needs and tastes. Furthermore, Kanata Tremblant boasts 3,000 acres of natural beauty, just a 20-minute drive from Mont Tremblant. This outdoor playground offers everything a real estate investor could want: a host of amenities and attractions, great location, excellent rental potential and resale value. 

To find out more about Kanata Tremblant’s custom cottages, contact us today

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