Many Canadians see the value in owning a piece or two of real estate, especially in today’s market. So it is no surprise that the cottage industry is still going strong. More quantity of recreational homes for sale is increasing which in turn is keeping the prices more competitive. The last few years there has been a low supply of available summer homes and cottages and the prices were rising due to the fact. Young professionals are currently make up the highest percentage of Canadians looking or hopeful to make a cottage purchase in the future. They can see the purchase as a financial asset and the vacation retreat it will provide for their families and friends. In the North Kawartha’s a standard waterfront property has an average value of between $250 000 to $300 000. Research has shown that many Canadians see second home ownership more profitable than buying in to stocks.

Try reading the National Post for more information on Kawartha cottage real estate

Many buyers in the market for a condo in the city of Toronto are hoping to attain a greener and simpler lifestyle. The purchase of a condominium means no more landscaping care and costly home repairs. For many others it also means living a more environmentally conscience existence. When one buys a condo within the heart of the city it nearly eliminates the need to drive a vehicle. With city buses, Go trains and the Subway no car is needed and traffic nightmares are ended. Many new condo towers being constructed in the city are following the green movement and are installing energy efficient appliances, compact fluorescent lighting and rainwater reserves. A smaller condo also uses fewer resources to heat and cool than a large detached home. There are also many health benefits associated with buying a condominium to consider. Without a vehicle you will be getting plenty of exercise by bicycling or walking to your destinations. Also most condo complexes have health gyms right on premises for condo owner’s use. Going to the gym becomes more likely when it is a elevator ride away versus a twenty minute car ride through city traffic.

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