Address
1052 RAT BAY Road Unit# 103-4 Lake of Bays, ON
Price
$ 37,900
Property Attributes
  • ID#40123369
  • TypeSingle Family
  • CityLake of Bays
  • NeighbourhoodFranklin
  • Postal CodeP1H 2J6
  • StyleBungalow
  • Price$ 37,900
  • Bedrooms2
  • Bathrooms1
  • Half Bathrooms0
  • Sqr Footage561
  • Lot Size49.5 Acres
Listing Provided Courtesy Of:
CHESTNUT PARK REAL ESTATE LIMITED, BROKERAGE, HUNTSVILLE - M423
Data Source:
Canadian Real Estate Association
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 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. There is a high demand for rentals this year, Rental rates for Deerview cottage range from $1,579/wk to $2,859/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 4. Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview is $4,161 + HST. Core Week 4 starts on July 15th in 2022. Remaining weeks for 2022 are: Feb 25, Jun 3, Oct 21 and Dec 16, 2022. See supplemental material for future years check-in schedules. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. (id:7434)

General Features

Ammenities Beach
Building Amenities Exercise Centre, Party Room
Building Appliances Microwave, Refrigerator, Stove, Range - Gas, Window Coverings
Building Architectural Style Bungalow
Building Cooling Type Wall unit
Building Type House
Features Southern exposure, Beach, Shared Driveway, Country residential, Recreational, No Pet Home
Location Description From Huntsville east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres
More Information Link https://www.realtor.ca/real-estate/23296541/1052-rat-bay-road-unit-103-4-lake-of-bays-twp
Ownership Type Timeshare/Fractional
Property Type Single Family
Zoning Description Waterfront Resort Commercial with an exception

Interior Features

Basement Type None
Building Fireplace Present False
Building Heating Fuel Electric
Building Heating Type Baseboard heaters
Construction Material Wood frame
Construction Style Attachment Detached

Exterior Features

Exterior Finish Wood
Land Amenities Beach
Water Front Name Lake of Bays
Water Front Type Waterfront

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in P1H 2J6

Price
AVG $790K
$40K
Visits
AVG 81
179

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