These parents downsized to the cottage

—A.Y.

The search Kim Madill and Graeme Skinner had dreamed of buying a cottage for decades. But it wasn’t until the Mississauga, Ont.-based couple downsized from a four-bedroom detached house into a three-bedroom townhouse in February 2021 that their dream became a reality. “Our kids were getting older,” Kim says—they have two daughters who were 14 and 16 years old at the time. “We didn’t really need the space anymore because they were involved in competitive sports and not home all that much.” Plus, their daughters would be starting university in a few years; that made even more sense for the family to scale down. Their Mississauga home ended up selling for $300,000 more than they anticipated, netting them a sizeable down payment for their future cottage. The couple initially set their sights…

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Cottage Life (Digital) - 1 Issue, August 2023

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