1052 Rat Bay Road Unit# 106-7, Lake Of Bays (twp), Ontario

$76,500

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2

Beds

2

Baths

921

Square feet

49.50

Acres

About 1052 Rat Bay Road Unit# 106-7

Blue Water Acres cottage resort has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. 106 Algonquin Cottage has a propane fireplace and laundry facilities and is close to the pool area and games room. Fractional ownership entitles you to 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 Interval that you buy for your core summer week plus 4 more floating weeks each year in the other seasons. Some owners rent some of their weeks out to help cover maintenance costs (which include property taxes, cleaning, insurance, utilities, repairs etc...) Rental rates for Algonquin cottage range from $1,859/wk to $3,169/wk depending on the season. If you use the Blue Water Acres rental program to rent it out, 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 106 Algonquin, Week 7. Check-in is on Sundays at 4 p.m. ANNUAL maintenance fee for 106 Algonquin is $4,593 + HST. Core week started August 8th, 2021. Remaining weeks are Nov 7, 2021 and January 2, 2022. See suplemental material for weeks in upcoming years. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. (id:6289)

Features of 1052 Rat Bay Road Unit# 106-7

Listing # 40125305
Price $76,500
Bedrooms 2
Bathrooms 2.00
Square Footage 921
Acres 49.50
Type Single Family
Sub-Type Timeshare/Fractional
Style Bungalow

Community Information

Address 1052 Rat Bay Road Unit# 106-7
Subdivision Franklin
City Lake Of Bays (twp)
Province Ontario
Postal Code P1H2J6

Amenities

Amenities Beach, Exercise Centre, Party Room
Features Southern exposure, Beach, Shared Driveway, Country residential, Recreational, No Pet Home
Parking Visitor Parking
Is Waterfront Yes
Waterfront Waterfront
Has Pool No

Interior

Appliances Microwave, Refrigerator, Stove, Range - Gas, Window Coverings
Heating Electric Baseboard heaters
Cooling Wall unit
Fireplace No
# of Stories 1
Has Basement No

Exterior

Exterior Wood
Construction Wood frame

Listing Details

OfficeCHESTNUT PARK REAL ESTATE LIMITED, BROKERAGE, HUNTSVILLE - M423

Listing Map

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