$42,500 FOR SALE

Time Share Bungalow

Bedrooms: 2Bathrooms: 2

1052 Rat Bay Road Unit# 118-3
Lake Of Bays (Twp), ON P1H 2J6

Blue Water Acres fractional ownership resort has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is not a time share although some think it is similar. You do actually own 1/10 of the cottage. 118 Algonquin Cottage is a 2 bedroom cottage, has a great view of the lake and is very private. Ownership includes a share in the entire complex. This gives you the right to use the cottage Interval that you buy for one core summer week plus 4 more floating weeks each year in the other seasons for a total of 5 weeks per year. Facilities include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity centre, 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. Check-in for 118 Algonquin Cottage is on Fridays at 4 p.m. ANNUAL maintenance fee PER OWNER in 2024 for 118 Algonquin cottage is $4939 + HST. Core (fixed) Week 3 for this cottage started on July 5, 2024 and weeks in 2024 started March 1 June 7, remaining weeks will be October 25 and December 20/2024 . Weeks for 2025 will start on March 7, June 13, July 4 (Core Week), October 31 and December 26. Note that this unit will have Christmas/2024 and March Break 2025 as two of their floating weeks. There is laundry in the Algonquin cottages. No HST on resales. All cottages are PET-FREE and Smoke-free. Ask for details about fractional ownerships and what the annual maintenance fee covers (it covers everything). You can deposit weeks you don't use in Interval International or rent them out to help cover the maintenance fees. Blue Water Acres will rent your weeks out for you and you keep 50% of the rental income or rent them out yourself and you keep 100% of the income. (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 40616868
Last Updated Aug 24, 2024
Property Summary
Property Type Time Share

More like this:
Subdivision Franklin
Price History
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Detailed Information
Bedrooms 2
Bathrooms 2
Amenities Nearby Beach, Playground
Features Southern exposure, Shared Driveway, Country residential, Recreational, No Pet Home
Listing Contract Date 2024-07-09
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 4
Pool Indoor pool
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
Age New 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 Fuel Propane
Fireplace Present Yes
# of Fireplaces 1
Fireplace Type Other - See remarks
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 1
Type House
Utility Water Lake/River Water Intake
Rooms
Room Level Dimensions Notes
4pc BathroomMain level9'11'' x 6'0''
3pc BathroomMain level6'10'' x 6'6''
BedroomMain level10'3'' x 10'11''
Primary BedroomMain level13'5'' x 10'11''
SunroomMain level11'3'' x 10'11''
KitchenMain level8'1'' x 10'7''
Dining roomMain level11'0'' x 10'7''
Living roomMain level13'9'' x 10'0''
Parking Spaces
Name Spaces
Visitor Parking
Land
Total Size 49.5 acres
Access Type Road access
Acreage Yes
Amenities Beach, Playground
Size of Irregular Land 49.5
Surface Water Lake

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