$21,500 FOR SALE

Time Share Cottage

Bedrooms: 2Bathrooms: 1Lot: 300 x 0 ft

1052 Rat Bay Road Unit# 102-9
Lake Of Bays (Twp), ON P1H 2J6

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 9 . 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 August 16/24. Weeks for 2024: Feb 2, May 10, Sepember 27, November 22. Four of the the five weeks change (rotate) every year but the core/fixed week (Week 9) stays the same. 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:47423)

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Listed By Chestnut Park Real Estate Ltd., Brokerage, Port Carling
Data Provided By The Lakelands Association of REALTORS®
MLS® Listing Number 40587733
Last Updated Jun 18, 2024
Property Summary
Property Type Time Share

More like this:
Subdivision Franklin
Price History
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Detailed Information
Bedrooms 2
Bathrooms 1
Lot 300 x 0 ft
Amenities Nearby Beach
Communication Type High Speed Internet
Features Southern exposure, Country residential, Recreational, No Pet Home
Listing Contract Date 2024-05-13
Location Description From Huntsville, east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres.
Ownership Type Timeshare/Fractional
# of Parking Spaces 1
Pool Indoor pool
Property Type Single Family
Structures Tennis Court
Transaction Type For sale
Views Lake view
Waterfront Type Waterfront
Waterfront Name Lake of Bays
Zoning Description Waterfront Resort Commercial with an exception
Building
Amenities Exercise Centre
Appliances Dishwasher, Microwave, Refrigerator, Stove, Window Coverings
Architectural Style Cottage
Basement Type None
Construction Material Wood frame
Construction Style (Attachment) Detached
Cooling Type Wall unit
Exterior Finish Wood
Fire Protection None
Fireplace Present Yes
# of Fireplaces 1
Heating Fuel Electric
Heating Type Baseboard heaters
Type House
Utility Water Lake/River Water Intake
Rooms
Room Level Dimensions Notes
SunroomMain level19'0'' x 7'5''
BedroomMain level9'3'' x 7'10''
3pc BathroomMain level6'10'' x 5'11''
Primary BedroomMain level9'5'' x 11'5''
KitchenMain level7'3'' x 7'0''
Dining roomMain level11'9'' x 7'0''
Living roomMain level11'10'' x 10'0''
Parking Spaces
Name Spaces
Visitor Parking
Utilities
Type Description
ElectricityAvailable
Land
Total Size 49.5 acres
Acreage Yes
Amenities Beach
Sewer Septic System
Size of Irregular Land 49.5
Surface Water Lake

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