Five Things You Should Know About Canada’s Recreational Property Market in 2025
From the Shannon Murree Group | Real Estate With Impact – RE/MAX Hallmark Chay Realty Brokerage
Thinking about buying a cottage, cabin, or lakeside retreat in Ontario or beyond? You’re not alone. The dream of owning a recreational property in Canada is as strong as ever—and in 2025, it’s evolving.
Whether you’re planning peaceful weekend getaways, investing in a family legacy, or looking to make a recreational property your full-time residence, it’s important to understand what’s happening in today’s market.
From affordability concerns to stricter rental regulations and rising demand, here are five key trends shaping Canada’s cottage and cabin real estate market in 2025.
1. The New Cottage Crew: Families & Freedom Seekers
Today’s buyers aren’t just retirees looking to unplug—they’re families co-purchasing properties, pooling resources to create multi-generational memories. Shared ownership is becoming more common, with cousins, grandparents, and extended family all investing in a collective lifestyle rooted in nature and nostalgia.
At the same time, retirees and freedom-seekers are leaving urban gridlock behind, opting for waterfront views and peace of mind. Expect continued demand in smaller Ontario communities and beyond as Canadians shift focus from hustle to harmony.
2. A Legacy by the Lake: Planning for the Future
Did you know that 17% of Canadians are thinking ahead to pass down their recreational property? That lakeside getaway is more than a summer escape—it’s a family heirloom in the making. However, estate planning for cottages is complex. From capital gains tax to succession planning, this isn’t a “figure it out later” scenario.
Working with your financial advisor and legal team now can ensure your property stays in the family for generations to come—and that it doesn’t become a burden. Strategic planning equals lasting legacy.
3. Rental Reality: Income Dreams vs. Municipal Rules
While 34% of Canadians see recreational properties as investment opportunities, short-term rentals aren’t the easy money-maker they once were. Many municipalities across Canada, including in cottage-heavy regions of Ontario, are cracking down on platforms like Airbnb and VRBO.
Local bylaws, licensing, insurance obligations, and steep annual permit fees are creating new barriers for would-be hosts. If you’re counting on rental income, do your due diligence. Not every cabin is cut out for the rental hustle.
4. Affordability Drives a Lifestyle Shift
With housing prices remaining sky-high in urban centres, more buyers are turning to recreational properties not just as second homes, but as primary residences. In fact, 57% of Canadians now cite affordability as their top priority in real estate.
This has opened up new opportunities in rural and recreational areas—places where Wi-Fi may be a bit weaker, but the quality of life is exponentially stronger. Swapping city life for year-round lake living isn’t just a fantasy—it’s a financially viable alternative. Listings across Simcoe County, Muskoka, and beyond are seeing increased interest from buyers willing to make the leap.
5. Why a Local Pro is Non-Negotiable
From navigating septic systems and water access to understanding shore road allowances and insurance requirements, buying a recreational property requires a different skill set. A generalist won’t cut it.
Partnering with a local REALTOR® who understands the nuances of cottage country is essential. As the only McGillivray Trusted Agent for Barrie, Innisfil, Oro-Medonte and Orillia, the Shannon Murree Group | Real Estate With Impact is your go-to for cottage, cabin, and waterfront expertise.
The Bottom Line: Your Canadian Cottage Dream Starts Here
The 2025 Canadian recreational property market is dynamic—but with the right guidance, it’s full of opportunity. Whether you’re buying your first family cottage or exploring full-time lake living, your dream of owning a piece of Canada’s natural beauty is within reach.
Ready to explore your options or start your search?
Reach out to us at MovingSimcoe.com to find your perfect recreational property in Simcoe County or across Ontario.
📖 Want more insight into the 2025 trends?
Check out the full Canadian Cabin & Cottage Trends Report from RE/MAX Canada.
