When people think of vacation homes, they tend to picture a nice place in the mountains, on the lake, or even in a different country. But instead of focusing on exotic locals, like isolated mountain tops, why not think about something a little more like home?
Stay in Canada
Sure, there are mountains and beaches in Canada, and if you can afford to buy a home in Banff or on a lake in the Muskokas, then by all means…. On the other hand, there is a lot of great and affordable real estate out there in equally as beautiful locations, if you look.
Consider Other Provinces
Determine what you are looking for. Do you want a beautiful view? Do you need lots of space or just a little in the home? Is land equally, more, or less important than the home itself? Do you want to have access to activities and dining?
The East coast of Canada is beautiful and arguably has more culture than the rest of the country combined. Not only can you get ocean views and great food, but you can get it at a fraction of the cost of what you would pay for it in Western Canada. Places like P.E.I, Nova Scotia, and New Brunswick offer beautiful homes, in picturesque scenery for incredibly affordable prices.
But, that’s the other side of the country!Yes it is. Then again, isn’t it worth it? Going on vacation will actually feel like you are on vacation. You’ll be in a new culture, experiencing new cuisine and looking at new landscapes. The other benefit of having this home in Canada, is that you can allow family or friends to use it if they are in the area, or you can rent it out when you aren’t there to offset the cost of the extra mortgage