1052 RAT BAY Road Unit# 118-3 Active Save Request In-Person Tour Request Virtual Tour
Lake Of Bays (twp),ON P1H2J6
Key Details
Property Type Single Family Home, Commercial
Sub Type Timeshare/Fractional
Listing Status Active
Purchase Type For Sale
Square Footage 921 sqft
Price per Sqft $46
Subdivision Franklin
MLS Listing ID 40616868
Style Bungalow
Bedrooms 2
Originating Board The Lakelands Association of REALTORS®
Lot Size 49.500 Acres
Acres 2156220.0
Property Description
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 2024 for 118 Algonquin cottage is $4939 + HST. Core (fixed) Week 3 for this cottage started on July 5, 2024 and weeks in 2024 started March 1 June 7, remaining weeks will be October 25 and December 20/2024 . 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 Christmas/2024 and March Break 2025 as two 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:24570)
Location
State ON
Lake Name Lake of Bays
Rooms
Extra Room 1 Main level 9'11'' x 6'0'' 4pc Bathroom
Extra Room 2 Main level 6'10'' x 6'6'' 3pc Bathroom
Extra Room 3 Main level 10'3'' x 10'11'' Bedroom
Extra Room 4 Main level 13'5'' x 10'11'' Primary Bedroom
Extra Room 5 Main level 11'3'' x 10'11'' Sunroom
Extra Room 6 Main level 8'1'' x 10'7'' Kitchen
Interior
Heating Baseboard heaters,
Cooling Wall unit
Fireplaces Number 1
Fireplaces Type Other - See remarks
Exterior
Garage No
Waterfront Yes
View Y/N Yes
View Lake view
Total Parking Spaces 4
Private Pool Yes
Building
Story 1
Water Lake of Bays
Architectural Style Bungalow
Others
Ownership Timeshare/Fractional