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Invest in Your Happy Place: Why a Second Home Might Be Closer Than You Think

General Michele McGarvey 3 Jun

Imagine waking up to birdsong instead of traffic, sipping coffee on the dock, or gathering around a firepit with family and friends. A second home—whether it’s a lakefront cottage, a mountain cabin, or a quiet spot in a favorite vacation town—is more than just a place to escape. It’s an investment in peace of mind, connection, and lasting memories.

For many Canadians, a vacation property is becoming an achievable goal rather than a distant dream. It’s a space for weekend retreats, extended summer stays, and even a potential source of rental income. Beyond the lifestyle perks, a second home can also offer long-term financial value.

Financing a second home may be more accessible than people expect. With options tailored to vacation properties and flexibility in how rental income can be used toward qualification, the path to ownership is more straightforward than ever. Planning, budgeting, and understanding your goals are key to making it happen.

Whether it’s about getting closer to nature, creating a family legacy, or simply having a peaceful place to unwind, the dream of owning a summer retreat is within reach for more people than ever before.

– Michele McGarvey Team, Dominion Lending Centres