It’s finally time to buy or build the dream cottage your family has always wanted. All you need to do is free up the capital to make it happen.
It’s a hugely stressful bit of business, but that’s where Donaldson Capital can help.
Although their primary market is in Toronto, the Donaldson Capital team has found a niche in the second home and cottage market and brings a wealth of expertise.
“We’ve helped many cottage owners buy, refinance, or build their dream cottage,” explains mortgage broker Drew Donaldson. “Some brokers don’t like learning the nuances of a cottage deal, but we see it as a niche and one of our specialties, so we bring a lot of value to cottage purchasing and building.”
Donaldson Capital builds upon four core strengths: key relationships with lenders, market experience in Toronto and Muskoka, personal experience, and a committed team.
Drew and his team have developed a clear-cut process they take their clients through when applying for a mortgage. They ensure every client gets the same high-level experience, from the initial appraisal to the release of the final funds.
“We draw upon a range of options, including traditional banks and an array of lending institutions to help finance both residential and cottage mortgages,” says Drew. “When buying or refinancing a cottage, every property is different. It’s vitally important to know the guidelines surrounding the property type.”
Their approach has brought them numerous accolades, and repeat clients.
Dave worked with Drew and the team on two financing deals. He says their extensive network of connections let them put together deals that other brokers could not.
“Drew and his team are without question some of the top mortgage and finance professionals in the country,” says Dave. “They’ve helped us with two refinancing deals and in both instances, they went above and beyond our expectations… Their team’s expertise and advice are unparalleled, and their responsiveness is top notch. We look forward to having the team assist us further in the future and we cannot recommend them enough!”
The team has offices in Toronto and Port Carling and is intimately familiar with the challenges of financing in the city and in cottage country.
“We found many of our Toronto clients end up buying or building in Muskoka,” says Drew. “Having two locations means we’re positioned to accommodate them anywhere – from the top of Lake Joe to the bottom of Lake Muskoka.”
TEXT CHRIS OCCHIUZZI | PHOTOS SCOTT TURNBULL