Despite broader economic uncertainty, demand for recreational properties in Ontario, particularly cottages within driving distance of the GTA, remains surprisingly resilient. A recent Royal LePage report forecasts a further 4.0% increase in the median price of a single-family recreational home in 2026, reaching $604,552, following a 4.3% gain in 2025. This continued strength is largely attributed to constrained supply, with new developments remaining rare and many properties held within families for generations. The report also highlights a “Buy Canadian” trend, with many Canadians opting for Ontario lakes over traditional cross-border getaways. While the return-to-office trend has cooled some full-time cottage moves, cottages are increasingly viewed as long-term lifestyle assets. For a deeper dive into the recreational property market across Canada, read the full article on mpamag.com.
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