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.
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 rotate their usage every week forever. Each owner has the use the property every 4 weeks,
except in the summer when it changes to two prime weeks of use of enjoyment for each family.
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
Many of these developments have a common theme lacking...these are developments.
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
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
To create the most affordable, convenient and practical
cottage ownership system in Ontario.
Designed Simple, Comprehensive and Effective
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.
Affordable, Practical and Convenient!
The Cottage Properties
Only the very best properties - on the best lakes are selected.
The first properties targetted are in the geographic region of the Rideau Lakes through the 1000 Islands.
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
Foundation and Septic, Year Round
Turn Key Purchases
The Best Properties on the Best Lakes
Typically, 1 or 2 out of 10 on the market may fit the criteria for the properties to be offered
in the program.
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
The Rideau Lakes and River region connecting Ottawa to Kingston and the 1000 Islands
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
Charleston Lake, a jewel in eastern Ontario, clean air and water and safe surroundings,
breathtaking views and pristine landscapes.
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.
All Information about Purchasing Cottage and Waterfront Real Estate Courtesy of Peter Rollings- Broker
Solid Rock Realty Inc.
75 King E Brockville, ON K6V 1B2
Direct Line 613-802-0090
This Website is Not Intended to Solicit Buyers or Sellers Under Contract with Another Realtor® and/or Brokerage
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