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Wes Ayranto

Sales Representative

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1052 Rat Bay Road Unit# 117-5, Lake Of Bays (twp), Ontario – $59,000

  • 2 Beds
  • 2 Baths
  • 922 Sqft
  • 49½ Acres
  • 2 Beds
  • 2 Baths
  • 922 Sqft
  • 49½ Acres

1052 Rat Bay Road Unit# 117-5

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. This 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 Interval that you buy for one core summer week plus 4 more floating weeks each year in the other seasons. Some owners rent their weeks out to help cover maintenance costs. Rental rates for Algonquin cottage range from $1,859/wk to $3,169/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 117 Algonquin, Week 5. 117 Algonquin Cottage has a propane fireplace. Check-in is on Saturdays at 4 p.m. ANNUAL maintenance fee for Algonquin is $4,565 + HST. Core week for 2022 starts on July 23rd. Additional weeks in 2022 start on Mar 5, Jun 11, Oct 29 and Dec 24, 2022. Please see supplemental material for future weeks. There is a laundry in the Algonquin cottage. No HST on purchase price. All cottages are PET-FREE and Smoke-free. (id:6289)

Essential Information

  • Listing #40198814
  • Price$59,000
  • Bedrooms2
  • Bathrooms2.00
  • Square Footage922
  • Acres49.50
  • TypeSingle Family
  • Sub-TypeTimeshare/Fractional
  • StyleBungalow

Community Information

  • Address1052 Rat Bay Road Unit# 117-5
  • SubdivisionFranklin
  • CityLake Of Bays (twp)
  • ProvinceOntario
  • Postal CodeP1H2J6

Amenities

  • Parking Spaces1
  • ParkingVisitor Parking
  • Is WaterfrontYes
  • WaterfrontWaterfront

Amenities

Beach, Exercise Centre, Party Room

Features

Southern exposure, Beach, Shared Driveway, Country residential, Recreational, No Pet Home

Interior

  • HeatingElectric Baseboard heaters
  • CoolingWall unit
  • FireplaceYes
  • # of Fireplaces1
  • # of Stories1

Appliances

Microwave, Refrigerator, Stove, Range - Gas, Window Coverings

Exterior

  • ExteriorWood
  • ConstructionWood frame

Listing Details

Office

CHESTNUT PARK REAL ESTATE LIMITED, BROKERAGE, HUNTSVILLE - M423

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CHESTNUT PARK REAL ESTATE LIMITED, BROKERAGE, HUNTSVILLE - M423.