Active
118-3 - 1052 RAT BAY ROAD
Lake of Bays (Franklin) Ontario, P1H2J6
C$42,500
Active
2 Beds
2 Baths
Residential
Courtesy of Chestnut Park Real Estate
Blue Water Acres fractional ownership resort has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is not a time share although some think it is similar. You do actually own 1/10 of the cottage. 118 Algonquin Cottage is a 2 bedroom cottage, has a great view of the lake and is very private. Ownership includes a share in the entire complex. This gives you the right to use the cottage Interval that you buy for one core summer week plus 4 more floating weeks each year in the other seasons for a total of 5 weeks per year. Facilities include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity centre, 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. Check-in for 118 Algonquin Cottage is on Fridays at 4 p.m. ANNUAL maintenance fee PER OWNER in 2025 for 118 Algonquin cottage is $5026 + HST. Core (fixed) Week 3 for this cottage starts on July 4, 2025. Weeks for 2025 will start on March 7, June 13, July 4 (Core Week), October 31 and December 26. Note that this unit will have March Break 2025 as one of their floating weeks. There is laundry in the Algonquin cottages. No HST on resales. All cottages are PET-FREE and Smoke-free. Ask for details about fractional ownerships and what the annual maintenance fee covers (it covers everything). You can deposit weeks you don't use in Interval International or rent them out to help cover the maintenance fees. Blue Water Acres will rent your weeks out for you and you keep 50% of the rental income or rent them out yourself and you keep 100% of the income. (id:41202)
X10897914
MLSⓇ ID
December 19, 2024
Updated
Map
118-3 - 1052 RAT BAY ROAD
Lake of Bays (Franklin) Ontario, P1H2J6
Interior Features
Total Stories
1
Bedrooms
2
Total Bathrooms
2
Appliances
Water Heater, Furniture, Microwave, Oven, Range, Refrigerator, Stove, Window Coverings
Fireplace
Yes
Cooling
Yes
Cooling Description
Wall unit
Heating
Yes
Heating Description
Baseboard heaters, Propane
Exterior/Building Features
Architectual Style
Bungalow
Other Property Details
Association Fee
$5,026
Association Fee Frequency
Monthly
Association Amenities
Recreation Centre, Exercise Centre, Party Room, Visitor Parking, Fireplace(s)
Garage
No
Parking Total
4
View
Yes
View Description
Lake view
Pool
Yes
Waterfront
Yes
Listing History
Date | Event | Price |
---|---|---|
8/24/2024 | Price change | $42,500 -14% |
Courtesy of Chestnut Park Real Estate
The trademarks MLS®, REALTOR®, and the associated logos are owned or controlled by The Canadian Real Estate Association. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
©2024 Canadian Real Estate Association. All rights reserved.