Recreational Home Financing

Fractional Interest Booming in Canada

Did you know that one in six Canadians are purchasing or contemplating purchasing recreational property?

Fractional interest, or divided interest, is an ownership interest in real property. This relatively new form of ownership is very popular in recreational areas, such as Whistler, BC and Muskoka, ON.

An owners’ agreement is prepared which specifies who has the right to use the property and when. For example, a quarter share owner would have the right to use the property a quarter of the year and will finance as such.

The nature of fractional ownership makes them a specialty mortgage product and traditional lenders look at financing fractional interest on a case by case basis.

Call me at 416 909 5044 or email at to find out how you and your family/friends can own your dream vacation home.



About wojciechpianka

After a few years of studying English and History at the University of Toronto, I decided to transfer to Ryerson University and pursue a Bachelor of Commerce degree. While studying, I worked various jobs where I acquired many skills. Starting as a teller at Scotiabank, I moved on to being a manager of a restaurant, admin staff at a medical clinic, a sales agent for INGDirect and a manager at One King West Hotel. While all these jobs challenged me, I never felt my potential being utilized. Finally in 2008, I completed the Ontario Mortgage Agent Course and signed up with The Mortgage Alliance Company of Canada. This was a great decision, as it allowed me to use the skills I learned working to help people achieve their real estate and financial goals. My passion for real estate and numbers has lead me to becoming a mortgage agent. Growing up in New York City, I always had a fascination of historic buildings and skyscrapers. At 21, I bought my 1st property and have been investing in real estate ever since. I firmly believe thru steady, safe and conservative investing a one can obtain long term financial wealth. One day, I hope to develop the same buildings I help clients purchase.
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