Land leasing is not a new concept. It is a tried, true and common and it is now becoming more popular here in Canada. If you’re looking to unlock the money tied up in your current house, or to purchase a new cottage without a big capital investment and tieing up all your borrowing power, a land lease will make more sense than any other ownership option available.
You can now afford to own a beautiful cottage, with no money locked into FINACING the Expensive Lakefront Real Estate it sits on. Because you pay just for the home, not the lot it resides on and you are free to do whatever you wish with the money you’re not paying the bank in big monthly mortgage interest payments that include the land.
As an added bonus, our Custom Modular Resort Cottages come professionally built including all appliances.