![Cottage prices expected to increase this year in Ontario and across Canada [Video]](https://canadanewsvideo.com/wp-content/uploads/2025/03/mp_745701_0_cottagepriceincreaseontariojpg.jpg)
Cottage property prices are expected to increase in Ontario and across Canada this year.
In tough times, the recreational real estate market hasn’t fared well.
In 2024, the weighted median price of a single-family home in Ontario’s recreational property market decreased 1.5 per cent year over year to $640,700, compared to 2023, according to the Royal LePage 2025 Spring Recreational Property report. During the same period, the weighted median price of a standard condominium decreased 5.7 per cent to $468,900.
Royal LePage experts believe the market will improve slightly in 2025. The median price of a single-family home in Ontario’s recreational regions is forecast to increase modestly by one per cent in 2025 to $647,107, Royal LePage said in the report.
In Canada as a whole, the increase is much higher—a single-family home in Canada’s recreational regions is forecast to increase four per cent in 2025 to $652,808, compared to …
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