1052 Rat Bay Road Unit# 102-9, Lake Of Bays (twp), Ontario

$21,500

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2

Beds

1

Bath

493

Square feet

49.50

Acres

About 1052 Rat Bay Road Unit# 102-9

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 9 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview in 2024 is $4,454 + HST. Core (fixed) week in 2024 starts on August 16/24. Weeks for 2024: Feb 2, May 10, Sepember 27, November 22. Four of the the five weeks change (rotate) every year but the core/fixed week (Week 9) stays the same. 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. (id:36535)

Features of 1052 Rat Bay Road Unit# 102-9

Listing # 40587733
Price $21,500
Bedrooms 2
Bathrooms 1.00
Square Footage 493
Acres 49.50
Type Single Family
Sub-Type Timeshare/Fractional
Style Cottage

Community Information

Address 1052 Rat Bay Road Unit# 102-9
Subdivision Franklin
City Lake Of Bays (twp)
Province Ontario
Postal Code P1H2J6

Amenities

Amenities Beach, Exercise Centre
Utilities Electricity
Features Southern exposure, Country residential, Recreational, No Pet Home
Parking Spaces 1
Parking Visitor Parking
View Lake view
Is Waterfront Yes
Waterfront Waterfront
Has Pool Yes
Pool Indoor pool

Interior

Appliances Dishwasher, Microwave, Refrigerator, Stove, Window Coverings
Heating Electric Baseboard heaters
Cooling Wall unit
Fireplace Yes
# of Fireplaces 1
Has Basement No

Exterior

Exterior Wood
Construction Wood frame

Listing Details

OfficeCourtesy Of Susan Brown Of Chestnut Park Real Estate Ltd., Brokerage, Port Carling

Listing Map