Real Estate Guides

Top golf vacation home spots

By analyzing real estate and rental data adjacent to Canada's top-ranked golf courses, we've compiled a list of the top spots to by a golf vacation home
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Man-playing-golf-houses-vacation-homes-in-background-Zolo

According to a 2017 report on golf facilities in Canada, Canadians take approximately one million trips involving golf within the country per year, spending $2.5 billion CAD on related travel, with an additional $1.6 million coming from abroad. Given the hassle involved with airfare and unpredictable lodging costs and availability, some golfers go that extra step and take up residence beside their favourite back nine. 

Turns out, in some cases, it’s actually more economical to buy a golf vacation home than rent a room —provided you’re serious about golf and you want to return to that course again and again.

By analyzing real estate and rental data adjacent to Canada’s top-ranked golf courses, we’ve compiled a list of the top spots to by a golf vacation home. You can check out our full methodology below.

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How we selected the Best Places for Golfers to Buy a Vacation Home

In order to rank the best spots for golfers to buy a vacation home, we annualized the average weekly vacation rental cost and compared that to the average house price for each specific area.

Known as the price-to-rent ratio, this calculation offers potential buyers a quick method of determining whether or not renting or buying in a specific area is best.

In essence, the price-to-rent ratio measures the relative affordability of a property in a given housing market.

It’s calculated by dividing the home price (or, in this case, the average home price) by the annual rental rate.

As a general rule of thumb, it’s better to buy when ratios are between 1–15 and to do further examination of the neighbourhood or property when the ratio lies between 16–21. Avoid properties and geographic regions with ratios 21 and above.

Best Places to Take a Golf Vacation in Canada

Top 10 Places for Golfers to Buy a Vacation Home

  1. Cabot Cliffs in Inverness, Nova Scotia
    • Public course with a SCOREGolf rating of 8.93
    • Ave price to buy: $148,015 – Ave weekly Airbnb cost: $2,646 – Price to rent ratio: 1.08
  2. Cabot Links in Inverness, Nova Scotia
    • Public course with a SCOREGolf rating of 8.78
    • Ave price to buy: $148,015 – Ave weekly Airbnb cost: $2,646 – Price to rent ratio: 1.08
  3. The Links at Crowbush Cove in Morell, PEI
    • Public course with a SCOREGolf rating of 7.88
    • Ave price to buy: $204,900 – Ave weekly Airbnb cost: $362 – Price to rent ratio: 1.56
  4. Bigwin Island Golf Club in Lake of Bays, Ontario
    • Private course with a SCOREGolf rating of 8.13
    • Ave price to buy: $560,000 – Ave weekly Airbnb cost: $5,887 – Price to rent ratio: 1.83
  5. Fairmont Banff Springs Golf Club in Banff, Alberta
    • Public course with a SCOREGolf rating of 8.69
    • Ave price to buy: $956,455 – Ave weekly Airbnb cost: $8,708 – Price to rent ratio: 2.11
  6. Fairmont Jasper Park Lodge Golf Course in Jasper, Alberta
    • Public course with a SCOREGolf rating of 8.81
    • Ave price to buy: $172,350 – Ave weekly Airbnb cost: $1,554 – Price to rent ratio: 2.13
  7. Cape Breton Highlands Links in Ingonish Beach, Nova Scotia
    • Public course with a SCOREGolf rating of 8.59
    • Ave price to buy: $103,150 – Ave weekly Airbnb cost: $770 – Price to rent ratio: 2.58
  8. Rocky Crest Golf Club in Mactier, Ontario
    • Resort course with a SCOREGolf rating of 7.96
    • Ave price to buy: $442,225 – Ave weekly Airbnb cost: $3,059 – Price to rent ratio: 2.78
  9. Oviinbyrd Golf Club in Foot’s Bay, Ontario
    • Private course with a SCOREGolf rating of 8.21
    • Ave price to buy: $442,225 – Ave weekly Airbnb cost: $3,052 – Price to rent ratio: 2.79
  10. Royal Montreal – Blue in Ile Bizard, Quebec
    • Private course with a SCOREGolf rating of 7.90
    • Ave price to buy: $400,000 – Ave weekly Airbnb cost: $2,506 – Price to rent ratio: 3.07
David Weisz
David Weisz

Toronto-based David Weisz specializes in data-driven journalism. Prior to joining Zolo, he worked at the Toronto Star, Queen's Park Briefing and Global News. He teaches data journalism at Humber College and the University of Toronto Munk School of Global Affairs' Fellowship in Global Journalism.

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