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1052 Rat Bay Road , 103-2

Lake of Bays (Twp), ON P1H 2J6
  • $28,000
  • STATUS: Active
  • ON SITE: 374 Days
  • MLS #: 40264447
UPDATED: 216 min ago
$28,000
  • 2
    BEDS
  • 25-49.99
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 561
    SQFT
  • $50
    $/SQFT
Neighbourhood:
Type:
Single-Family Home
County:
Area:

School Ratings & Info

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.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2024-02-24T00:22:50.09.
www.initiaontario.com/homes/136973961
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1052 Rat Bay Road , 103-2 Lake of Bays (Twp), ON P1H 2J6

  • Price: $28,000
  • Status: Active
  • On Site: 374 Days
  • Updated: 216 min ago
  • MLS #: 40264447
2
Beds
1
Baths
0
½ Baths
25-49.99
Acres
561
SQFT
$50
$/SQFT
Neighbourhood:
Franklin
County:
Muskoka
Area:
Lake Of Bays
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.
Exterior Features

Acres Range 25-49.99 Architectural Style Bungalow Attached Garage YN No Attached YN No Carport YN No Construction Materials Wood Siding Crops Included YN No Direction Faces South Docking Features Boat Slip Docking Type Private Docking Docking YN Yes Driveway Parking Visitor Parking Foundation Details Block Frontage Length 300.00 Frontage Type South Garage YN No Is Land YN No Lot Features RuralBeachTrails Lot Size Area 49.5 Open Parking Spaces 1 Open Parking YN Yes Parking Features ExclusiveMutual/Shared Parking Total 1 Property Attached Detached Road Frontage Type Municipal RoadYear Round Road Roof Shingle Shoreline CleanHard BottomSandyShallow View BayBeachLakePanoramic View YN True Water Body Name Lake Of Bays Waterfront Features LakeWaterfront CommunityBeach FrontLake/Pond Waterfront YN Yes Window Features Window Coverings

Interior Features

Above Grade Finished Area 561 Appliances Water HeaterGas Oven/RangeHot Water Tank OwnedMicrowaveRefrigeratorStove Basement None Bathrooms Total 1 Beds Above Grade 2 Beds Below Grade 0 Cooling Wall Unit(s) Cooling YN No Fireplace YN Yes Fireplaces Total 1 Heating BaseboardElectricFireplace-Propane Heating YN Yes Kitchens Total 1 Main Level Bedrooms 2 Pets Allowed No Room Count 7

Property Features

Association Amenities BBQs PermittedFitness CenterGame RoomParty RoomPoolTennis Court(s)Other Association Fee Includes See Documents For What The Annual Fee Includes Association Fee2 0 Association Fee2 Frequency Monthly Association YN Yes Building Name 103 Deerview Common Elements Fee YN Yes Common Interest Fractional Condo Corporation YN No Cross Street Rat Bay Road Inclusions Carbon Monoxide DetectorFurnitureGas Oven/RangeHot Water Tank OwnedMicrowaveRefrigeratorSmoke DetectorStoveWindow CoveringsCarbon Monoxide DetectorFurnitureGas Oven/RangeHot Water Tank OwnedMicrowaveRefrigeratorSmoke DetectorStoveWindow Coverings Laundry Features Common AreaShared New Construction YN No Property Sub Type Single Family Residence Security Features Carbon Monoxide DetectorSmoke Detector Senior Community YN No Sewer Septic Approved Transaction Type Sale Water Source Lake/River Water Treatment ChlorinationUV SystemWater Purification Winterized Fully Winterized Zoning Waterfront Resort Commercial with an exception

Listing information © 2024 Information Technology Systems Ontario.
Listing provided courtesy of Susan Brown of Chestnut Park Real Estate Ltd., Brokerage, Port Carling.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2024-02-24T00:22:50.09.
 
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