$28,000 FOR SALE

Time Share Bungalow

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

1052 Rat Bay Road Unit# 103-2
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 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: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 40264447
Last Updated May 31, 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
Features Southern exposure, Shared Driveway, Country residential, Recreational, No Pet Home
Listing Contract Date 2022-05-25
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
Property Type Single Family
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, Party Room
Appliances Microwave, Refrigerator, Stove, Range - Gas, Window Coverings
Architectural Style Bungalow
Basement Type None
Construction Material Wood frame
Construction Style (Attachment) Detached
Cooling Type Wall unit
Exterior Finish Wood
Fireplace Present Yes
# of Fireplaces 1
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 1
Type House
Utility Water Lake/River Water Intake
Rooms
Room Level Dimensions Notes
3pc BathroomMain level6'10'' x 5'8''
BedroomMain level9'2'' x 7'11''
Primary BedroomMain level9'5'' x 11'8''
SunroomMain level19'2'' x 7'6''
KitchenMain level7'3'' x 7'0''
Dining roomMain level8'0'' x 7'0''
Living roomMain level11'11'' x 9'10''
Parking Spaces
Name Spaces
Visitor Parking
Land
Total Size 49.5 acres
Access Type Road access
Acreage Yes
Amenities Beach
Size of Irregular Land 49.5
Surface Water Lake

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