1052 RAT BAY Road Unit# 102-1

Single Family For Sale in Lake Of Bays (twp), Ontario

$17,000
  • 2 Beds
  • 1 Baths
  • 493 Sq. Ft.
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. 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:4069)
Address 1052 RAT BAY Road Unit# 102-1
List Price $17,000
Property Type Single Family
Type of Dwelling House
Style of Home Cottage
Area Ontario
Sub-Area Lake Of Bays (twp)
Bedrooms 2
Bathrooms 1
Floor Area 493 Sq. Ft.
Lot Size 49.5 Sq. Ft.
MLS® Number 40483887
Listing Brokerage Chestnut Park Real Estate Ltd., Brokerage, Port Carling
Basement Area None
Postal Code P1H2J6
Zoning Waterfront Resort Commercial with an exception
Site Influences Beach, Waterfront, View
Features Southern exposure, Country residential, Recreational, No Pet Home
Amenities Exercise Centre

Request More Info or a Showing

Marcy Manion

Chestnut Park Real Estate Brokerage

110 Medora St Port Carling ON Canada P0B 1J0

Mobile: (705) 394-7602

Office: (705) 765-6878

marcymanionrealtor@gmail.com