1052 RAT BAY RD #102-9 Active Save Request In-Person Tour Request Virtual Tour
Lake Of Bays,ON P1H 2J6
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 493 sqft
Price per Sqft $43
MLS Listing ID X10901080
Style Other
Bedrooms 2
Tax Year 2023
Lot Size 25.000 Acres
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. 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 9 . 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 August 16/24. Weeks for 2024: Feb 2, May 10, Sepember 27, November 22. Four of the the five weeks change (rotate) every year but the core/fixed week (Week 9) stays the same. 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.
Location
Province ON
County Muskoka
Area Franklin
Region Franklin
City Region Franklin
Rooms
Basement None
Kitchen 1
Interior
Interior Features Water Heater
Cooling Wall Unit(s)
Fireplace Yes
Heat Source Propane
Exterior
Exterior Feature Recreational Area,Year Round Living
Parking Features Reserved/Assigned
Garage Spaces 1.0
Pool Indoor
Waterfront Description WaterfrontCommunity
View Pool,Beach,Panoramic,Bay,Lake,Trees/Woods
Roof Type Shingles
Topography Open Space,Wooded/Treed,Terraced
Total Parking Spaces 1
Building
Foundation Block
Locker None
New Construction false
Others
Security Features None
Pets Description No