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102-1 - 1052 Rat Bay Rd

Rat Bay RdLake of BaysON, P1H 2J6

2
Beds
1
Baths
493
Sq. Ft.
$17,000
List Price
102-1 - 1052 Rat Bay Rd, Lake of Bays, ON - 1 of 3
102-1 - 1052 Rat Bay Rd, Lake of Bays, ON - 2 of 3
102-1 - 1052 Rat Bay Rd, Lake of Bays, ON - 3 of 3
368 days on market

Quick Summary

  • Expansive 50-acre Muskoka property
  • Generous 300-ft south-facing lakefront
  • Fractional ownership with 5 usage weeks
  • Shared access to indoor pool and amenities
  • Opportunity to generate rental income
  • Affordable annual maintenance fees
  • Pet-free and smoke-free property
  • Flexible usage weeks across seasons

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... Show More

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. 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. (id:54626)

Property Details

Size

493 sq. ft.
7 total rooms
2 Beds
2 Above Grade
1 Bath
1 Full

Parking

1 Parking Space
Visitor Parking

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Wood
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
Wall unit

Utilities

Water
Lake/River Water Intake
Sewer
Septic System
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Rooms

Sunroom

7′5″ x 19′0″

Bedroom

7′10″ x 9′3″

3pc Bathroom

5′11″ x 6′10″

Primary Bedroom

11′5″ x 9′5″

Kitchen

7′0″ x 7′3″

Dining room

7′0″ x 11′9″

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Source

Listing Brokerage

MLS® Listing
40483887
Last Updated
June 19, 2024
Brokerage
Chestnut Park Real Estate Ltd., Brokerage, Port Carling
Powered by: REALTOR.ca
Call us 800-591-0566

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