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103-2 - 1052 Rat Bay Rd

Rat Bay RdLake of BaysON, P1H 2J6

2
Beds
1
Baths
561
Sq. Ft.
$28,000
List Price
103-2 - 1052 Rat Bay Rd, Lake of Bays, ON - 1 of 3
103-2 - 1052 Rat Bay Rd, Lake of Bays, ON - 2 of 3
103-2 - 1052 Rat Bay Rd, Lake of Bays, ON - 3 of 3
849 days on market

Quick Summary

  • Fractional ownership of gorgeous 2 bedroom cottage
  • Lake of Bays waterfront with sandy beach
  • Amenities like pool, tennis, trails on 50 acre site
  • Fixed & floating 5 week annual usage
  • 2023 maintenance fee $4,454 +HST
  • Core summer week & 4 other weeks
  • Rental income potential to offset costs
  • Turnkey hassle-free Muskoka enjoyment

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... 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 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. (id:54626)

Property Details

Size

561 sq. ft.
7 total rooms across 1 floor
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
1
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
Wall unit

Utilities

Water
Lake/River Water Intake
Sewer
-
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Rooms

3pc Bathroom

5′8″ x 6′10″

Bedroom

7′11″ x 9′2″

Primary Bedroom

11′8″ x 9′5″

Sunroom

7′6″ x 19′2″

Kitchen

7′0″ x 7′3″

Dining room

7′0″ x 8′0″

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Source

Listing Brokerage

MLS® Listing
40264447
Last Updated
May 31, 2024
Brokerage
Chestnut Park Real Estate Ltd., Brokerage, Port Carling
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