Fractional ownership information
Experience luxury living
in these modern residences at FRONTENAC SHORES
WHY FRACTIONAL LAKEFRONT VACATION OWNERSHIP?
The demand for lakefront ownership in Ontario has changed dramatically in the last few decades. Property values in most areas have skyrocketed, to the point where most Canadians cannot afford a lakefront property. What’s more, the time and effort needed to maintain even the simplest of vacation properties inhibits your discretional vacation time.
While lakefront living has changed dramatically, alternatives to owning a vacation residence have not. UNTIL NOW!
Fractional ownership breaks down the three main barriers to buying a traditional vacation lakefront home – cost, maintenance and time. The FRONTENAC SHORES concept allows you to enjoy the benefits of lakefront living at a cost effective price point for the amount of time you desire - with NO maintenance responsibilities.
Fractional Ownership is an increasingly popular alternative to acquiring full ownership of a recreational property. Your ownership share of the entire property is incorporated through a debt free not-for-profit association governed by an elected board of directors. The purchase price for the unit of ownership (available in five (5) week increments) as well as the cost of maintenance, insurance, management and property taxes are reduced proportionate to the number of units owned.
ULTIMATE FLEXIBILITY
Use of your lakefront cottage is unrestricted. Trade weeks with other owners or lend your weeks to friends and family. You may exchange your weeks through the worldwide vacation exchange company. You can also rent it out yourself or place it in the property manager’s rental pool. Want to increase your time at the lake? Buy more than one share or pool shares with family and friends. Luxuriously furnished and designed to take advantage of the views and surroundings, the cottages are fully equipped, very comfortable and ready for your stay. All cottages are tastefully decorated, richly appointed and feature two full baths, gourmet kitchens, expansive living and dining rooms, gas fireplace, gas BBQ’s on the deck, large bedrooms and in-suite laundry. All cottages offer amazing panoramic lake views and world renowned sunsets.
As many people have experienced, a vacation property offers the right balance of vacation time, great getaways, joys of recreation and a lifetime of memories. However, most people with obligations and busy lives find it difficult to get away every week and oftentimes full ownership can become more of an obligation than a pleasure. Fact is, most whole ownership vacation properties sit empty for a majority of the year and can be subject to a lack of use, maintenance, upkeep or great costs to manage. Fractional ownership at FRONTENAC SHORES can comfortably balance your actual vacation and relaxation time with an affordable cost of ownership based on what you will use.
CAREFREE OWNERSHIP
With fractional ownership you can enjoy the benefits of a vacation home with significantly less cost and worry. Each owner pays an annual fee which takes care of maintaining the value and quality of the cottage and property. You never have to worry about paying monthly bills (hydro, telephone, internet, cable) or about housekeeping and maintenance of the unit. You can enjoy all the benefits of owning a luxurious vacation property on the lake without the stress and worry of upkeep and expenses. You don’t even have to clean the cottage when you leave! And when you arrive, it is spotless and ready for YOU!