An increasing number of Canadians are investing in vacation properties for relaxation, wealth-building, and creating family memories. Accessible mortgage options with low rates are available even for non-winterized or remote locations, though lending criteria differ for second or third homes compared to primary residences. Depending on the property type—whether a lake cottage, college housing, or seasonal versus year-round accessible home—down payments can range from as low as 5-10% to 20% or higher, with certain cottages requiring higher rates. Financing options include mortgage refinancing, HELOCs, or reverse mortgages. Innovative Canadian tools simplify the process, and expert assistance is available for detailed information and quick pre-approval.