102-1 - 1052 Rat Bay Road, Lake Of Bays (franklin), Ontario

$17,000

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2

Beds

1

Bath

About 102-1 - 1052 Rat Bay Road

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. (id:36535)

Features of 102-1 - 1052 Rat Bay Road

Listing # X10901210
Price $17,000
Bedrooms 2
Bathrooms 1.00
Type Single Family
Sub-Type Condominium/Strata

Community Information

Address 102-1 - 1052 Rat Bay Road
Subdivision Franklin
City Lake Of Bays (franklin)
Province Ontario
Postal Code P1H2J6

Amenities

Amenities Exercise Centre, Recreation Centre, Visitor Parking
Utilities Wireless
Features Wooded area, Irregular lot size, Open space
Parking Spaces 1
View Lake view
Is Waterfront Yes
Waterfront Waterfront
Has Pool Yes
Pool Outdoor pool

Interior

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

Exterior

Exterior Wood
Foundation Block

Listing Details

OfficeCourtesy Of SUSAN BROWN Of Chestnut Park Real Estate

Listing Map