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

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