Financing: How it Works
Purchasing a resort cottage is a big decision—but financing it doesn’t have to be difficult. At Great Blue Resorts, we work with trusted lenders who specialize in recreational and resort properties, making ownership more accessible and affordable than you might think.
Through our partnership with Dealerplan and other dedicated lenders, qualified buyers can access financing with competitive rates starting from 6.99%* over extended terms of up to 180 months. A standard 20% down payment is required, and financing is subject to approved credit.
You’ll enjoy peace of mind with no hidden fees or penalties for early repayment. Whether you’re looking for traditional financing or alternative solutions, our team is here to help you find the option that fits your lifestyle and budget.
*Rates and terms may vary based on your personal financial situation and credit approval.
Frequently Asked Questions
What is a resort cottage?
A Great Blue Resorts resort cottage is a three-season summer home away from home, specifically built and manufactured for Great Blue Resorts’ owners to enjoy by Northlander Industries.
Now you can also enjoy four season resort cottage vacationing at Port Elgin Estates & Resort in Port Elgin, Ontario.
Many of our owners and renters have asked what goes into the fabrication of these budget friendly, resort cottages. Northlander Industries prides itself with using nothing but the best quality materials and up-to-date fabrication techniques. Being a proudly Canadian company, like Great Blue Resorts, Northlander’s resort cottages are guaranteed to with-stand our country’s climate; Built By Canadians for Canadians!
Watch this video to learn exactly what goes into fabricating a resort cottage:
How much to resort cottages cost?
Our brand new resort cottage models start from as little as $79,900. Most of our customers purchase using our very affordable finance package, with down payments from as low as $18,000 and low weekly payments of $150. Learn more about how easy it is to become a resort cottage owner today.
From time to time, we also have pre-owned cottages available for sale. Contact our knowledgeable Cottage Sales Experts today to learn more!
What’s Included?
Pack up Fido, the kids and your groceries for the weekend, we’ve got the rest covered. For a worry and stress-free cottage experience we have an annual resort management fee which covers most of the running costs*: all utilities, garbage disposal, grounds maintenance, on site management and reception. The annual fee also covers family entertainment, programs, and full use of all resort amenities. Annual fees vary depending on your chosen location on each resort.
*Please note: Hydro and lawn care is not included at Golden Beach Resort. What’s included may vary for Port Elgin Estates & Resort.
Is this a Timeshare?
No, you purchase and own your resort cottage outright. Simply select the model that best suits your family’s needs and then select the perfect site. As quickly as two weeks later you can start to enjoy 26 weeks of vacation including spring, summer and fall! In the event you no longer wish to stay on the resort, you are free to sell your resort cottage.
New to the Great Blue Resorts family, Port Elgin Estates & Resort offers you extended four season resort living.
Would you take a trailer/RV as a trade-in?
Yes, more and more people are looking at resort cottage ownership as an alternative to a RV/trailer. We offer very competitive trade-in values against the purchase of a new or pre-owned resort cottage. Best of all, we do all of the paperwork, making it a simple transition.
Can I rent my cottage out when I’m not using it?
Yes, we have a fully managed rental program on most of our resorts. We take care of advertising, cleaning and our resort cottage owners receive revenue they can use toward their annual fees.
Outside of my annual resort management fee, what other costs are there?
Just like your home or car, your resort cottage requires insurance too! Ask about our CareFreePlus program for just $495+HST per year to qualify for our competitive group insurance rate. This program also includes the summarization, winterization and complete cottage inspection. On average our owners typically spend $150-$200 on propane each year too.
How often do the resort management fees increase?
We make every effort to minimize increases across our resorts but, like most things, costs do increase from time to time. We make every effort to keep increases to a cap of 3-5% annually.
