Homes for sale - 1052 Rat Bay Road #103-2, Lake Of Bays (twp), ON P...

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Elizabeth Pullman

[email protected] +1(905) 329-0460

Listed by Susan Brown • Chestnut Park Real Estate Ltd., Brokerage, Port Carling

$ 28,000

Est. payment -/mo

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1052 Rat Bay Road #103-2 Lake Of Bays (twp), ON P1H 2J6

2 Beds

1 Bath

561 SqFt

UPDATED:

09/26/2024 03:58 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 561 sqft

Price per Sqft $49

MLS Listing ID 40264447

Style Bungalow

Bedrooms 2

Full Baths 1

HOA Y/N Yes

Abv Grd Liv Area 561

Originating Board The Lakelands

Lot Size 49.500 Acres

Acres 49.5

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 although some think it is similar. 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 Interval that you buy 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 103 Deerview, Week 2. Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee PER OWNER for 2023 for Deerview is $4,454 + HST. Core (fixed)Week 2 in 2024 will start on Friday, June 28. Remaining week for 2023: December 8,2023. Weeks in 2024 start on Feb 23, May 31, June 28 (fixed week) Oct 18, Dec 13. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. Interior photos are of a similar unit but not the exact unit. All furnishings are identical. This is an amazing trouble-free way to enjoy cottage life in Muskoka. Everything is taken care of for you. All you need to do is enjoy being here and there is so much to do. Hidden Valley skiing, Arrowhead Park, Algonquin Park, world class golf, and fantastic facilities at Blue Water Acres.

Location

Province ON

County Muskoka

Area Lake Of Bays

Zoning Waterfront Resort Commercial with an exception

Direction From Huntsville east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres

Rooms

Basement None

Kitchen 1

Interior

Heating Baseboard, Electric, Fireplace-Propane

Cooling Wall Unit(s)

Fireplaces Number 1

Fireplace Yes

Window Features Window Coverings

Appliance Water Heater, Gas Oven/Range, Hot Water Tank Owned, Microwave, Refrigerator, Stove

Laundry Common Area, Shared

Exterior

Parking Features Exclusive, Mutual/Shared

Waterfront Description Lake,Waterfront Community,Beach Front,Lake/Pond

View Y/N true

View Bay, Beach, Lake, Panoramic

Roof Type Shingle

Lot Frontage 300.0

Garage No

Building

Lot Description Rural, Beach, Trails

Faces From Huntsville east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres

Foundation Block

Sewer Septic Approved

Water Lake/River

Architectural Style Bungalow

Structure Type Wood Siding

New Construction No

Others

HOA Fee Include See Documents For What The Annual Fee Includes

Senior Community No

Ownership Fractional

Elizabeth Pullman

Advisor | License ID: 4780123

+1(905) 329-0460

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