3 Key Considerations When Buying A Waterfront Recreational Property

by Scott Cooper

Buying a recreational property can be a dream come true for many, offering an idyllic escape from the hustle and bustle of city life. However, before you embark on this exciting journey, it's crucial to consider some important factors to ensure a seamless and successful purchase. In this blog, we'll explore the significance of zoning, water access, and property survey considerations when buying a recreational property.

1. Zoning Considerations

Understanding the zoning of your potential recreational property is essential as it impacts how you can use and enjoy your property. Here are some key points to consider:

  • Seasonal vs. year-round zoning: Seasonal zoning may limit access to emergency services or road plowing during winter months, restricting your ability to use the property year-round. Ensure you're aware of these limitations before making a decision.
  • Permitted uses and restrictions: Zoning regulations dictate what activities and developments are allowed on the property. Familiarize yourself with these rules to avoid future complications or disappointment.
  • Future development potential: If you plan on renovating or expanding your cottage, verify that your intended improvements align with the property's zoning regulations.

 

2. Water Access and Rights

Water access and rights play a significant role in the enjoyment and value of your recreational property. Keep the following factors in mind:

  • Verify access rights: Confirm whether you own the shoreline or have legal rights to use it. This is especially important if you plan on engaging in water-based activities or installing docks and boathouses.
  • Easements and rights-of-way: Be aware of any easements or rights-of-way that may grant neighbours or utility companies access to parts of your property, which could impact your privacy or future developments.
  • Environmental protection and regulations: Waterfront properties may be subject to additional restrictions to protect the environment, such as shoreline setbacks or conservation authority regulations. Ensure you understand these rules before purchasing.

3. Property Surveys

A property survey is a crucial element in the recreational property purchasing process. Here's why:

  • Boundary clarity: A property survey accurately defines the boundaries of your land, helping you avoid disputes with neighbours and ensuring you know the exact extent of your property.
  • Easements and encroachments: Surveys reveal any easements or encroachments that could impact your property's value and enjoyment.
  • Compliance with regulations: A survey confirms that existing structures on your property comply with zoning and building regulations, preventing potential issues down the road.
  • Informed decision-making: Having an up-to-date survey allows you to make informed decisions about potential renovations, expansions, or other developments on your property.

When purchasing a recreational property, understanding the importance of zoning, water access, and property survey considerations is crucial to making an informed decision. By thoroughly examining these factors, you can ensure that your new retreat aligns with your expectations and provides a lifetime of enjoyment. We're here to help guide you through the process and help you navigate these essential considerations when you're ready to take the plunge into your waterfront property!

agent

Scott Cooper

TEAM LEADER | BROKER

+1(705) 796-5478

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.