ON > Lake Of Bays
Lake Of Bays, ON P1H 2J6,1052 RAT BAY RD #102-1
$17,000
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2 BD
1 BA
Active

1052 RAT BAY RD #102-1 Lake Of Bays, ON P1H 2J6

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Clarke Shin

Clarke Shin

+1(416) 458-4843

UPDATED:

12/19/2024 04:06 PM

Key Details

Property Type Condo

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID X10901210

Style Other

Bedrooms 2

Tax Year 2024

Property Description

Blue Water Acres has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is FRACTIONAL ownership. It is NOT a timeshare. You would actually own a 1/10th share of the cottage that you buy which includes a share in the entire complex. This gives you the right to use the cottage for five weeks per year: one core summer week, plus 4 more floating weeks in the other seasons. Some owners rent their weeks out to help cover maintenance costs. Rental rates for Deerview cottage range from $1,659/wk to $3,009/wk depending on the season. If it's rented through Blue Water Acres the revenue is split 50/50. If you rent it out yourself you get to keep 100% of the revenue. Facilities include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity center, gorgeous sandy beach with shallow water ideal for kids, great swimming, kayaks, canoes, paddleboats, skating rink, tennis court, playground, and walking trails. You can moor your boat for your weeks during boating season. This 2 bedroom cottage is called 102 Deerview, Week 1 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview in 2025 is $4,538 + HST. Core (fixed) week in 2025 starts on June 20/25. Floating weeks for 2025 start on: February 21, May 30, June 20 (core week), October 17 and December 12/2025. Maintenance fee is paid in the fall of each year for the following year but you only pay for the weeks that you have possession of the cottage. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free.

Location

Province ON

County Muskoka

Community Franklin

Area Muskoka

Region Franklin

City Region Franklin

Rooms

Family Room Yes

Basement None

Kitchen 1

Interior

Interior Features Water Heater

Cooling Wall Unit(s)

Fireplace Yes

Heat Source Propane

Exterior

Exterior Feature Recreational Area, Year Round Living

Parking Features Reserved/Assigned

Garage Spaces 1.0

Waterfront Description WaterfrontCommunity

View Pool, Beach, Panoramic, Bay, Lake, Trees/Woods

Roof Type Shingles

Topography Open Space,Wooded/Treed,Terraced

Total Parking Spaces 1

Building

Foundation Block

Locker None

New Construction false

Others

Security Features None

Pets Allowed No

Listed by Chestnut Park Real Estate Ltd., Brokerage, Port Carling

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Clarke Shin

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+1(416) 458-4843

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1052 RAT BAY RD #102-1