Lake of Bays (Twp)

1052 RAT BAY Road Unit# 102-1 (40483887)

$26,900

About the Property

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. (id:48047)

  • Details
  • Building
  • Dimensions
  • Land
Bedrooms

2

Bathrooms

1

Garage

No

Parking Spaces

1

Ownership

Timeshare/Fractional

Sewer

Septic System

Style

Cottage

Cooling

Wall unit

Heating Type

Baseboard heaters,

Heating Fuel

,Electric

Material

Wood frame

Lot Size

49.5 acres

Waterbody

Lake of Bays

Frontage Length

300 ft

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''

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