Fractional Cottages for Sale
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Shared Cottage Ownership- Black Lake One Quarter Ownership- Click on Any Image for Gallery |
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Shared Cottage Ownership -Your Family Can Own a Cottage Affordably
Shared Cottage Ownership, an affordable and smart program to get into cottage ownership in Eastern Ontario. This program combines the very best of cottage ownership without the ongoing expense.
Ownership Equally
We bring unrelated families together to co-own a cottage property, similar to what friends and relatives have done on their own for decades.If you've ever tried to find a group of friends that are ready, willing and able to buy a property that you can all agree upon, then you probably know it is virtually impossible. So, we do it all for you.
We do all the work, finding like-minded parties, with the same desire to own a select cottage.
Owners can swap weeks to best fit their schedules or combine multiple weeks for longer stays.
We take care of all the details, starting with the most comprehensive legal document package, creating the Cottage Owners' Association and Rules & Regulations.
We manage the operations of the property,provide ongoing property management, reservation services, exchange services, comprehensive maintenance, bill paying and the bookkeeping.
With our program, you'll have no second home ownership worries, while enjoying all the benefits, affordable, practical and convenient cottage ownership for your family.
Co-Ownership of a Cottage
A major issue sharing ownership a cottage property, regardless if friends or family, with a major asset like real estate this does almost become a business arrangement and should be treated as such.The best co-ownership agreements ensure that every single possible item is anticipated. The property should be kept in impeccable condition and each owner should feel and be secure in their vacation home investment.
Why Quarter Share Cottage Ownership
The fractional cottage ownership developments in Ontario are all designed around a 1/10th ownership system.The typical system provides for buyers:
- Affordable, allows ownership of 5 weeks a year
- Very little unused time at the cottage
- Maintenance is Provided
Designed for maximum land use and many do not have a 'cottage feel'.
Quarter ownership allows your family the absolute closest system possible to whole ownership of a cottage property.
This Program Creates an Affordable Option with Advantages Such As:
- Thirteen weeks of ownership every year, one every month and two in the summer
- Costs are based on the underlying real estate values
- The best properties on the best lakes
- Pay only 1/4 of the property expenses
The Cottage Properties
The properties are in the geographic region of the Rideau Lakes through the 1000 Islands.They are listed on the MLS® system right now, or owners are thinking about selling them! This is how the development price point can be held so low for the first properties.
If the company buys the property first, add an additional $15,000 to $20,000 per ownership interest onto the price. This is due to the additional closing costs, legal fees, carrying costs, another Land Transfer Tax fee and real estate fees for marketing of the outstanding interests.
A interested group needs to be formed!
Enter the form below for more information.
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The Cottage Properties
Only the very best properties - on the best lakes are selected.
Cottage Location Map
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They are listed on the MLS® system right now, or perhaps the present owners are thinking about selling them!
Key Points About Every Property:
- Year Round Access
- Great Waterfront
- Foundation and Septic, Year Round
- Turn Key Purchases
- The Best Properties on the Best Lakes
This system offers a maximum of 4 families, or at the very outside 5, offering each family a greater stake in how the property looks and feels and how it appreciates over time.
Each owner cares about the property, their investment and it will show with how the property is maintained and operated.
High quality will also distinguish our properties from anything else on the market. Year round cottages (all year round in A1 condition), the best lakes and locations, the best of furnishings and amenities will create our exclusive offering.
Rideau Lakes Corridor
There are numerous beautiful Canadian Sheild lakes in this region of Eastern Ontario.
Find out more information about owing a cottage in this prime area of Ontario's cottage country.
Charleston Lake Fractional Cottages
The water is of the highest quality possible, tranquility and rest from everything connected with city and pollution, this is a wonderful lake to enjoy with friends and family.
Explore your family opportunity to own a quarter share of a fantastic cottage property in this prime area of Ontario's cottage country.
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