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Caroline Marshall

carolinesellsmuskoka@gmail.com +1(705) 388-1792

$ 21,500

Est. payment -/mo

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Active

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

2 Beds

1 Bath

493 SqFt

UPDATED:

09/26/2024 04:04 PM

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

Listed by Chestnut Park Real Estate Ltd., Brokerage, Port Carling

Caroline Marshall

+1(705) 388-1792

GET MORE INFORMATION