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

$17,000

Previous Next

2

Beds

1

Bath

About 1052 Rat Bay 102-1 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.Brokerage Remarks (id:36535)

Features of 1052 Rat Bay 102-1 Road

Listing # X12022452
Price $17,000
Bedrooms 2
Bathrooms 1.00
Type Single Family
Sub-Type Condominium/Strata
Style Bungalow

Community Information

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

Amenities

Amenities Beach, Exercise Centre, Recreation Centre, Sauna, Fireplace(s)
Utilities Wireless, Electricity Connected
Features Wooded area, Sloping, Level
Parking Spaces 2
Parking No Garage
View Lake view, Direct Water View
Is Waterfront Yes
Waterfront Waterfront
Has Pool No

Interior

Appliances Water Heater
Heating Electric Baseboard heaters
Fireplace Yes
# of Fireplaces 1
# of Stories 1
Has Basement No

Exterior

Exterior Wood
Exterior Features Landscaped
Foundation Block

Listing Details

OfficeCourtesy Of SUSAN BROWN Of Chestnut Park Real Estate

Listing Map