7 Best Places to Buy a Vacation Home in Canada

Located on Lake Ontario, 2.5 hours from Toronto, known for wineries, vineyards, craft breweries, 500 miles of shoreline, sandy beaches, Sandbanks Provincial Park, and activities like snowshoeing and ice fishing in winter; average home price rose from $675,455 CAD in 2019 to $843,975 CAD in 2021.

Prince Edward County, Ontario:

Rated among Canada's best places to visit, 3 hours from Toronto, features lush forests, small towns, scenic lakes, water sports, skiing, and snowboarding; luxurious cottages on lakes like Muskoka, Joseph, and Rosseau; property values doubled in five years, from $5-6 million CAD in 2018 to $8-12 million CAD.

Muskoka Lakes, Ontario: 

Known for the largest skiable terrain in North America, year-round destination with golf courses, lakes, hiking, biking trails, and zip lining; 2021 saw over $1.5 billion CAD in real estate sales, a 35% increase from 2020, with a growing number of buyers from British Columbia, the U.S., East Asia, and Ontario.

Whistler, British Columbia: 

Near Banff National Park, known for glacier lakes, hot springs, and scenery; just over an hour from Calgary; popular neighborhoods include Spring Creek Mountain Village, South Canmore, and Silvertip Resort; strong community spirit and ideal for a home away from home.

Canmore, Alberta:

On Okanagan Lake, famous for over 40 wineries and five wine trails; offers biking, hiking, water activities, and 19 golf courses; luxury lake-access homes found around the lake's hidden communities, with properties often exceeding $6 million CAD.

Kelowna, British Columbia:

Known for lake and lighthouse views, quaint towns, sandy beaches, campsites, golf courses, and marinas; affordable compared to other parts of Ontario, with entry-level properties around $500,000 CAD and luxury waterfront homes starting at $2 million CAD.

South Bruce Peninsula, Ontario:

4,300 acres of skiable terrain, known for being less crowded, with a ski-in, ski-out village; features restaurants, cafes, shops, and is ideal for year-round activities; development plans focus on tourist accommodations, with popular property types including apartments, townhomes, and preconstruction projects

Sun Peaks, British Columbia: