1052 Rat Bay Road #102-9 Active Save Request In-Person Tour Request Virtual Tour
Lake Of Bays (twp),ON P1H 2J6
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 493 sqft
Price per Sqft $43
MLS Listing ID 40587733
Style Cottage
Bedrooms 2
Full Baths 1
HOA Y/N Yes
Abv Grd Liv Area 493
Originating Board The Lakelands
Lot Size 49.500 Acres
Acres 49.5
Property Description
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.
Location
Province ON
County Muskoka
Area Lake Of Bays
Zoning Waterfront Resort Commercial with an exception
Direction From Huntsville, east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres.
Rooms
Basement None
Kitchen 1
Interior
Interior Features High Speed Internet
Heating Baseboard,Electric,Fireplace-Propane
Cooling Wall Unit(s)
Fireplaces Number 1
Fireplace Yes
Window Features Window Coverings
Appliance Water Heater,Dishwasher,Hot Water Tank Owned,Microwave,Refrigerator,Stove
Laundry Common Area,Shared
Exterior
Exterior Feature Recreational Area,Tennis Court(s),Year Round Living
Garage Exclusive
Pool Indoor
Utilities Available Cell Service,Electricity Connected
Waterfront Yes
Waterfront Description Lake,Waterfront Community,South,Beach Front,Lake/Pond
View Y/N true
View Bay,Beach,Lake,Panoramic,Pool,Trees/Woods
Roof Type Shingle
Lot Frontage 300.0
Parking Type Exclusive
Garage No
Building
Lot Description Rural,Beach,Trails
Faces From Huntsville, east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres.
Foundation Block
Sewer Septic Tank
Water Lake/River
Architectural Style Cottage
Structure Type Wood Siding
New Construction No
Others
Senior Community false
Ownership Fractional