1052 RAT BAY Road Unit# 102, Lake of Bays (Twp), Ontario, CA

Address: 1052 RAT BAY Road Unit# 102-1, Lake of Bays (Twp), Ontario

2 Beds1 Baths493 sqftStatus: Buy
Price $17,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Single Family
Building Type
House
Square Footage
493.48 sqft
Subdivision Name
Franklin
Title
Timeshare/Fractional
Land Size
49.5 ac|25 - 50 acres
Parking Type
Visitor Parking
Building
Bedrooms
Above Grade
2
Bathrooms
Total
2
Interior Features
Appliances Included
Dishwasher, Microwave, Refrigerator, Stove, Window Coverings
Basement Type
None
Building Features
Features
Southern exposure, Country residential, Recreational, No Pet Home
Style
Detached
Architecture Style
Cottage
Construction Material
Wood frame
Square Footage
493.48 sqft
Fire Protection
None
Building Amenities
Exercise Centre
Structures
Tennis Court
Heating & Cooling
Cooling
Wall unit
Heating Type
Baseboard heaters
Utilities
Utility Type
Electricity(Available)
Utility Sewer
Septic System
Water
Lake/River Water Intake
Exterior Features
Exterior Finish
Wood
Pool Type
Indoor pool
Parking
Parking Type
Visitor Parking
Total Parking Spaces
1
Land
Other Property Information
Zoning Description
Waterfront Resort Commercial with an exception
Level Rooms Dimensions
Main level Sunroom 19'0'' x 7'5''
Bedroom 9'3'' x 7'10''
3pc Bathroom 6'10'' x 5'11''
Primary Bedroom 9'5'' x 11'5''
Kitchen 7'3'' x 7'0''
Dining room 11'9'' x 7'0''
Living room 11'10'' x 10'0''

Features
           Southern exposure            Country residential            Recreational
           No Pet Home            Visitor Parking            Dishwasher
           Microwave            Refrigerator            Stove
           Window Coverings            Wall unit            Exercise Centre
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Your Home Finance Calculation

Property Price CA $17,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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