Selling Cottages in Ontario Why Capital Gains Might Be the Least of Your Tax Problems

Thinking of selling your cottage in Ontario? Capital gains aren’t the only tax to worry about. Learn how CRA rules, rental income, and HST can impact your sale and what to check before you list.

Worried the headlines mean you’ll lose money if you sell your cottage? You’re not alone. That’s exactly why I send out a free Kawartha Lakes newsletter — clear updates, practical steps, and no hype. It’s the easiest way to stay grounded while you prepare for your sale. 👉https://tell-memore.com/mlp/KEUp9vXt/...

✅ Chapter Timestamps
0:00 – Selling Your Cottage in Ontario: What Hidden Tax Could Derail Your Sale?
0:50 – Capital Gains vs. Business Income: How Does CRA See Your Cottage?
2:34 – Occasional Rental or Business? How CRA Decides on Cottages
3:58 – HST on Cottage Sales: Why Buyers Might Need $90K in Cash
5:59 – Selling a Cottage in Ontario: What You Must Ask Before You List


📺 Need help preparing your home for sale?
Check out our decluttering & staging tips over on our other channel:
▶️ Still Sorting with Jennifer:    / @simplifywithjen  

We’re Jennifer Bacon and Dean Michel, a real estate duo rooted right here in the Kawartha Lakes. After making our own move from the city to lake life, we know firsthand that selling your home — especially after decades — can feel overwhelming. Downsizing your home isn’t just about square footage, it’s about memories, belongings, and figuring out what really matters for your next chapter.

That’s where we come in. Whether you’re thinking about downsizing, selling your family home, or letting go of the cottage, our job is to make the process clear, manageable, and (dare we say) a little easier than you expected. We combine local expertise with a step-by-step approach that keeps you informed without the jargon or pressure.

And yes — every great team needs an office manager. Ours just happens to have four legs and a wagging tail. Cedar, our black lab, keeps us on schedule (especially when it comes to walk breaks) and reminds us daily that change doesn’t have to be hard.

At the heart of it, we believe real estate should feel less like a root canal and more like a thoughtful transition into the life you want. If you’re ready to sell your home or start the downsizing process in Kawartha Lakes, we’d love to help guide you there.

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