With the Toronto market scorching hot, this couple cashed out and moved to a $1.2-million chalet in Mont-Tremblant

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They sold their Oakville townhouse and moved to Mont-Tremblant:

John Thomson 56, a magazine publisher; Cathy Thomson, 53, a wardrobe consultant and fitness instructorIn 2009, John and Cathy purchased a three-bed, two-and-a-half bath townhouse in downtown Oakville for $640,000.

So they sold the chalet, in March of 2019, for $399,999, intending to buy a larger cottage in the near future. They planned to purchase that property in mid-2020, but then the pandemic hit and prices for cottages in Ontario skyrocketed. The family realized they could sell their townhouse and permanently relocate to a large vacation property, where they could host their daughters, friends and other family.

By their second week at the farmhouse, they were convinced that Mont-Tremblant was an ideal location for their next home. The couple viewed five properties with a realtor before their month was up. It was a 3,800-square-foot new-build, with four bedrooms and three bathrooms on two acres of land. The home was located on a former ski run, at the edge of a small lake called Lac Bobby.

Shortly afterward, they put their Oakville townhouse on the market for $1,999,999. Within six hours of listing it, they received their first offer, of $2,000,000, which they accepted.John and Cathy moved into their Mont-Tremblant home on October 4. Since then, they’ve had 15 groups of guests stay with them. They love entertaining family and friends in their new house, which was something they couldn’t do as often at their Oakville and Beaver Valley properties.

 

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