Lake Of Bays (twp), ON P1H 2J6,1052 Rat Bay Road #103-10
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Lake Of Bays (twp), ON P1H 2J6,1052 Rat Bay Road #103-10
Lake Of Bays (twp), ON P1H 2J6,1052 Rat Bay Road #103-10
Lake Of Bays (twp), ON P1H 2J6,1052 Rat Bay Road #103-10
Lake Of Bays (twp), ON P1H 2J6,1052 Rat Bay Road #103-10

$24,000

Est. payment /mo

$29,900

19.7%
Est.Price: ?

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1052 Rat Bay Road #103-10 Lake Of Bays (twp), ON P1H 2J6

2 Beds

1 Bath

561 SqFt

SOLD DATE : 11/26/2022

Key Details

Sold Price $24,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 561 sqft

Price per Sqft $42

MLS Listing ID 40259522

Sold Date 11/26/22

Style Bungalow

Bedrooms 2

Full Baths 1

HOA Y/N Yes

Abv Grd Liv Area 561

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 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 10. Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview is $4,161 + HST. Core Week 10 starts on Aug 26th in 2022. Remaining weeks for 2022 are: Sept 23, and Nov 18, 2022. 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.

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

Heating Baseboard, Electric, Fireplace-Propane

Cooling Wall Unit(s)

Fireplace Yes

Window Features Window Coverings

Appliance Water Heater, Gas Oven/Range, Hot Water Tank Owned, Microwave, Refrigerator, Stove

Laundry Common Area, Shared

Exterior

Garage Exclusive, Mutual/Shared

Waterfront Yes

Waterfront Description Lake, Beach Front, Lake/Pond

View Y/N true

View Bay, Beach, Lake, Panoramic

Roof Type Shingle

Parking Type Exclusive, Mutual/Shared

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 Approved

Water Lake/River

Architectural Style Bungalow

Structure Type Wood Siding

New Construction No

Others

HOA Fee Include See Documents For What The Annual Fee Includes

Ownership Fractional

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Listed by Chestnut Park Real Estate Limited, Brokerage, Huntsville

Caroline Marshall

+1(705) 388-1792

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