$42,500 FOR SALE

Bungalow

Bedrooms: 2Bathrooms: 2Lot: 300 x 0 m

1052 Rat Bay Road #110-9
Lake Of Bays (Franklin), ON P1H 2J6

Blue Water Acres FRACTIONAL ownership means that you will own a 1/10th share of the cottage (your ""Interval"" week) and also a smaller share in the entire resort. Some think it is like a time share but there is actual ownership of property with fractionals. This cottage is known as 110 Algonquin and it's a favourite at Blue Water Acres. It has 2 spacious bedrooms, 2 bathrooms, a wonderful view of the waterfront, and is quite private because there is a decline in front of the cottage going down to the lower road. The cottage has a cozy propane fireplace and a screened-in Muskoka Room. You will have exclusive use of the cottage for 5 weeks of the year. The check-in day for this unit is Saturday. The Core Week (Week 9) starts on August 16 in 2025. The remaining weeks for 2025 start on Feb 8, May 17, October 4 and November 29, 2025. Note that the February/25 week is not available, it has been deposited into Interval International. Closing should be after that week. The weeks rotate each year so it's fair to all the owners. There are many amenities at Blue Water Acres for your enjoyment: kayaks, paddle boats, a beautiful sand beach, indoor swimming pool, gathering room with grand piano, games room with pool table, fitness room and more. You can even moor your own boat at Blue Water Acres during your interval's boating season weeks. All the cottages are PET-FREE and smoke-free. This is an affordable way to enjoy cottage life without the cost or hassles of full cottage ownership. Maintenance fees include everything (ie. taxes, hydro, etc) and are paid in the autumn for the following year. The ANNUAL fee for 110 Algonquin cottage for EACH of the ten owners in 2025 is $5,026 + HST. There is NO HST on the purchase price of the cottage. It's a unique way to own a share of Muskoka. Your weeks can also be traded for weeks at other luxury resorts around the world through Interval International. Note that interior photos are of a similar but almost identical unit. (id:47423)

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Listed By Chestnut Park Real Estate
Data Provided By OnePoint Association of REALTORS®
MLS® Listing Number X11823048
Last Updated Dec 11, 2024
Property Summary
Property Type Other

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Community Franklin
Price History
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Detailed Information
Bedrooms 2
Bathrooms 2
Lot 300 x 0 m
Community Features Pets not Allowed
Listing Contract Date 2024-11-29
Location Description From Huntsville east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres
Ownership Type Condominium/Strata
# of Parking Spaces 1
Pool Outdoor pool
Property Type Single Family
Structures Tennis Court, Dock
Transaction Type For sale
Views Lake view
Waterfront Type Waterfront
Zoning Description WR Commercial with exception
Building
Amenities Exercise Centre, Recreation Centre, Party Room, Fireplace(s)
Appliances Water Heater, Furniture, Microwave, Oven, Range, Refrigerator, Stove, Window Coverings
Architectural Style Bungalow
Cooling Type Wall unit
Exterior Finish Wood
Fireplace Present Yes
# of Fireplaces 1
Foundation Type Block
Heating Fuel Propane
Heating Type Baseboard heaters
Stories Total 1
Type Other
Rooms
Room Level Dimensions Notes
Living roomMain level5.86 m x 3.04 m
Dining roomMain level3.35 m x 4.31 m
KitchenMain level2.64 m x 4.31 m
SunroomMain level4.19 m x 5.38 m
Primary BedroomMain level5.43 m x 3.35 m
BedroomMain level3.25 m x 3.35 m
BathroomMain level3.3 m x 3.3 m
BathroomMain level3.04 m x 3.86 m
Land
Total Size 300 x 1500 | 25 - 50 acres
Access Type Year-round access
Acreage Yes
Size of Irregular Land 300 x 1500

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