An increasing number of Canadians are investing in vacation properties for relaxation, wealth-building, and family time. Accessible mortgages with competitive rates are available even for non-winterized or remote locations, though lending criteria differ from primary residences. Depending on the property type—such as lake cottages, college housing, or seasonal versus year-round homes—down payment requirements range from as low as 5% to 20% or more, with some properties subject to higher rates. Buyers can also incorporate down payments through refinancing, HELOCs, or reverse mortgages. Innovative Canadian tools simplify the mortgage process, and experts are available to provide comprehensive information and fast pre-approvals.