1052 Rat Bay Road Unit# 102-1, Lake Of Bays, ON, P1H 2J6

Address

1052 RAT BAY Road Unit# 102-1, Lake of Bays, ON

Listing Type

Single Family

Price

$ 26,900

Property Attributes

ID#40483887
TypeSingle Family
CityLake of Bays
NeighbourhoodFranklin
Postal CodeP1H 2J6
StyleCottage
Price$ 26,900
Bedrooms2
Bathrooms1
Half Bathrooms0
Sqr Footage493
Lot Size49.5 Acres

Data Source:

Canadian Real Estate Association (CREA)

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 . Remaining weeks for 2023 are: Oct 6 and Dec 2, 2023. 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:7434)

General Features

Features	Southern exposure,Country residential,Recreational,No Pet Home
Property Type	Single Family
Zoning Description	Waterfront Resort Commercial with an exception
Ammenities	Beach
Building Amenities	Exercise Centre
Building Appliances	Dishwasher,Microwave,Refrigerator,Stove,Window Coverings
Building Architectural Style	Cottage
Building Cooling Type	Wall unit
Location Description	From Huntsville,east on Hwy 60 to South Portage Rd,to Rat Bay Road to Blue Water Acres.
Parking Space Total	1
Building Type	House
Ownership Type	Timeshare/Fractional

Interior Features

Building Fireplace Present	True
Building Fireplace Total	1
Building Heating Type	Baseboard heaters
Building Heating Fuel	Electric
Basement Type	None
Construction Material	Wood frame
Construction Style Attachment	Detached

Exterior Features

Pool Type	Indoor pool
Structure	Tennis Court
Water Front Name	Lake of Bays
Water Front Type	Waterfront
Land Amenities	Beach
Sewer	Septic System
Exterior Finish	Wood