$26,900 $144 est/mo Sourced by Back At You

1-1052 Rat Bay Road,Lake of Bays (Twp), ON P1H 2J6

Lake of Bays (Twp) ON, P1H 2J6

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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 1 . 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 . Remaining weeks for 2023 are: Oct 6 and Dec 2, 2023. Weeks for 2024 are: Feb 16/24, May 24, June 21 (core week), October 11, December 6/24. 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.

Details

MLS#40483887
Listing TypeFor Sale
StyleHouse
Building Name102 Deerview
Suite Number102
Sub-TypeResale
StatusActive
Days On Site253
Listing Provided ByChestnut Park Real Estate Ltd., Brokerage, Port Carling | Susan Brown

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet493
PoolYes
ZoningWaterfront Resort Commercial wit
Acreage49.50
Water FrontYes
Property ViewYes
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 1 minute ago
ProvinceON
CountyMuskoka
CityLake of Bays (Twp)
Postal CodeP1H 2J6
AreaLake of Bays
SubareaFranklin
Community NameFranklin
Listing VS Median (in Franklin)
Price:
$26,900
low | high
Med:
$1,099,900
100% of Average
SqFt:
493
low | high
Med:
2,010
100% of Average
$ / SqFt:
$55
low | high
Med:
$547
100% of Average
On Site:
253
low | high
Med:
39.000000
100% of Average
Sourced by Back At You
Listing Updated: May 20, 2024 at 8:16:33 PM PDT