For those not wanting a full-time cottage commitment, there are a number of alternatives well worth investigating. One option that’s proven extremely popular in Muskoka is that of fractional (or shared) ownership. Owners purchase only the time needed – usually in multiples of 5 or 12 weeks – thereby tying up fewer financial resources and, perhaps even more importantly, without having to spend valuable vacation time maintaining their property (someone does all the work for you). Simple, really.
Like a cottage, fractionals come in a variety of shapes and sizes, ranging from resort-style luxury homes and villas to no-frills cottages. One of the most successful is The Landscapes, a luxurious fractional development consisting of 2-, 3- and 4-bedroom cottages and villas located at the southern end of Lake of Bays in Baysville. Each fraction purchased allows owners five weeks of ‘cottage’ time each year, one of which is a guaranteed peak summer week. The Landscapes in fact boasts a number of owners of multiple fractions, providing them the flexibility to enjoy longer stays without the hefty outlay of whole ownership.
All cottages and villas are four-season home-away-from-homes, and options include pet-free or pet-friendly units. Phase 2 of the multi-phase property is well underway, and amenities already in place include the Muskoka-themed Clubhouse with its full size billiard table, library loft and kitchen, and the exquisite Boathouse with its expansive decks and swimming platforms. Other amenities include a heated outdoor swimming pool, hot tub and kids’ splash pad, along with a two-sided gas fireplace.
To learn more, visit www.thelandscapes.ca
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