1052 RAT BAY Road Unit# 102-9 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 493 sqft
Price per Sqft $43
Subdivision Franklin
MLS Listing ID 40587733
Style Cottage
Bedrooms 2
Originating Board OnePoint - The Lakelands
Lot Size 49.500 Acres
Acres 2156220.0
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. (id:24570)
Location
Province ON
Lake Name Lake of Bays
Rooms
Extra Room 1 Main level 19'0'' x 7'5'' Sunroom
Extra Room 2 Main level 9'3'' x 7'10'' Bedroom
Extra Room 3 Main level 6'10'' x 5'11'' 3pc Bathroom
Extra Room 4 Main level 9'5'' x 11'5'' Primary Bedroom
Extra Room 5 Main level 7'3'' x 7'0'' Kitchen
Extra Room 6 Main level 11'9'' x 7'0'' Dining room
Interior
Heating Baseboard heaters,
Cooling Wall unit
Fireplaces Number 1
Exterior
Garage No
Waterfront Yes
View Y/N Yes
View Lake view
Total Parking Spaces 1
Private Pool Yes
Building
Sewer Septic System
Water Lake of Bays
Architectural Style Cottage
Others
Ownership Timeshare/Fractional