Homes for sale - 1052 RAT BAY Road Unit# 102-1, Lake Of Bays (twp),...

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Roshan Basnet

realtorbasnet@gmail.com +1(647) 818-7373

$ 17,000

Est. payment | -/mo

2 Beds

1 Bath

493 SqFt

Save

$ 17,000

Est. payment | -/mo

Save

2 Beds

1 Bath

493 SqFt

Key Details

Property Type Single Family Home, Commercial

Sub Type Timeshare/Fractional

Listing Status Active

Purchase Type For Sale

Square Footage 493 sqft

Price per Sqft $34

Subdivision Franklin

MLS® Listing ID 40483887

Style Cottage

Bedrooms 2

Originating Board OnePoint Association of REALTORS®

Lot Size 49.500 Acres

Acres 2156220.0

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 2024 is $4,454 + HST. Core (fixed) week in 2024 starts on. Weeks for 2024 are: Feb 16/24, May 24, June 21 (core week), October 11, December 6/24. 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:24570)

Location

Province ON

Lake Name Lake of Bays

Rooms

Extra Room 1 Main level 19'0'' x 7'5'' Sunroom

Extra Room 2 Main level 9'3'' x 7'10'' Bedroom

Extra Room 3 Main level 6'10'' x 5'11'' 3pc Bathroom

Extra Room 4 Main level 9'5'' x 11'5'' Primary Bedroom

Extra Room 5 Main level 7'3'' x 7'0'' Kitchen

Extra Room 6 Main level 11'9'' x 7'0'' Dining room

Interior

Heating Baseboard heaters,

Cooling Wall unit

Fireplaces Number 1

Exterior

Parking Features No

View Y/N Yes

View Lake view

Total Parking Spaces 1

Private Pool Yes

Building

Sewer Septic System

Water Lake of Bays

Architectural Style Cottage

Others

Ownership Timeshare/Fractional

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

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 818-7373

realtorbasnet@gmail.com

4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada

1052 RAT BAY Road Unit# 102-1 Lake Of Bays (twp), ON P1H2J6