Thinking about getting out of the city and purchasing a waterfront property? There are a number of great communities surrounding London that have some beautiful properties. These can be either seasonal destinations, or permanent residence. There are a few things you should remember when looking at these properties.
Know your rights
Riparian Rights are the rights of landowners with waterfront properties. These are specific to the area you are purchasing and will tell you your legal rights as property owners of the water.
Property Lines
It’s important to confirm how much property into the water you actually own. If you want to install a dock or any other in water elements, this will come into play. Generally properties on the Great Lakes stop at the waterline.
Lifespan of your location
Erosion and how close the house is to the water is something to consider when purchasing either a seasonal property or your forever home. If you’d like the property to last generations, making sure it’s far enough away from the waterline is important. Also consider if breaker walls have been installed as this will help slow erosion and prevent damage in the case of a storm.
In the next few months we will be featuring a number of cities surrounding London with waterfront properties. Below is our feature on Port Stanley.
If you’re thinking about making a change give me a call!
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