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Cottage Country Gets Busy
Young buyers see cottages as a starter home, while Americans see a deal.
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Today, we’re covering
🗽Americans Buy Ontario Cottages
🛶 Young Buyers Eyes Cottage Country
🏗️ Telus Enters The Rental Game
🎓 Canada Needs More Student Housing?
🧾 Rent Control Has Loopholes
🤔 WTF of The Week
Read Time: 4 minutes
🗽Americans Buy Ontario Cottages
Source: The Star
The 411: American buyers are increasingly eyeing Ontario cottages as prices soften and the U.S. dollar strengthens.
American buyers are increasingly looking at Ontario cottages, especially in Kawartha Lakes and Muskoka.
Realtors say interest picked up after Trump’s election, political unrest, and growing U.S. instability.
The strong U.S. dollar is making Canadian recreational property look cheap to Americans.
Ontario cottage markets are still soft overall, with high inventory and slower sales.
Lower-priced cottages may still see price declines, while luxury properties above $3M are holding up better.
Since the 2022 peak, smaller “tier two” lake markets have fallen roughly 25%, while premium lakes stayed more stable.
Foreign buyer bans largely do not apply to recreational properties, helping sustain international demand.
Why This Matters: Ontario cottage markets may be slowing, but American buyers are starting to see opportunity instead of risk. A stronger U.S. dollar and softer prices are making Canadian waterfront property look like a bargain.
