$40,000
$44,900
10.9%For more information regarding the value of a property, please contact us for a free consultation.
1052 Rat Bay Road #110-6 Lake Of Bays (twp), ON P1H 2J6
2 Beds
2 Baths
921 SqFt
Key Details
Sold Price $40,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 921 sqft
Price per Sqft $43
MLS Listing ID 40384236
Sold Date 03/14/23
Style Bungalow
Bedrooms 2
Full Baths 2
HOA Y/N Yes
Abv Grd Liv Area 921
Originating Board The Lakelands
Lot Size 49.500 Acres
Acres 49.5
Property Description
Blue Water Acres FRACTIONAL ownership means that you will own a 1/10th share of the cottage (your "Interval" week) and also a smaller share in the entire resort. Although this is not a time share some think it is similar. This cottage is known as 110 Algonquin and it's a favourite at Blue Water Acres. It has 2 spacious bedrooms, 2 bathrooms, a spectacular view of the waterfront, and is quite private because there is a decline in front of the cottage going down to the lower road. This cottage has some of the best views in the complex. The cottage has a cozy propane fireplace and a screened-in Muskoka Room. You will have exclusive use of the cottage for 5 weeks of the year. The check-in day for this unit is Saturday. The Core Week (Week 6) starts on July 29 in 2023. The remaining available week for 2023 will start on September 2. There are 3 other weeks for 2023 but they have been deposited into the exchange program and are not available this year. Next year you should have the use of the cottage for 5 weeks. The weeks rotate each year so it's fair to all the owners. There are many amenities at Blue Water Acres for your enjoyment: kayaks, paddle boats, a beautiful sand beach, indoor swimming pool, gathering room with grand piano, games room with pool table, fitness room and more. You can even moor your own boat at Blue Water Acres during your interval's boating season weeks. All the cottages are PET-FREE and smoke-free. This is an affordable way to enjoy cottage life without the cost or hassles of full cottage ownership. Maintenance fees include everything and are paid in the fall for the following year. The ANNUAL fee for 110 Algonquin cottage in 2023 is $4,771 + HST. There is NO HST on the purchase price of the cottage. It's a unique way to own a share of Muskoka. Your weeks can also be traded for weeks at other luxury resorts around the world. Note that the photos of the exterior are of Algonquin 110 but interior ones may be of a similar/identical unit.
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)
Fireplaces Number 1
Fireplaces Type Propane
Fireplace Yes
Window Features Window Coverings
Appliance Water Heater, Gas Oven/Range, Hot Water Tank Owned, Microwave, Refrigerator, Stove
Laundry Inside
Exterior
Parking Features Exclusive, Mutual/Shared
Waterfront Description Lake, South, Beach Front, Lake/Pond
View Y/N true
View Bay, Beach, Lake, Panoramic, Trees/Woods
Roof Type Shingle
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 Yes
Others
HOA Fee Include See Documents For What The Annual Fee Includes
Senior Community false
Ownership Fractional
Read Less
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