31
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$17,000
Est. payment /mo
2 BD
1 BA
Active
1052 RAT BAY RD #102-1 Lake Of Bays (franklin), ON P1H2J6
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Key Details
Property Type Condo
Sub Type Condominium/Strata
Listing Status Active
Purchase Type For Sale
Subdivision Franklin
MLS® Listing ID X10901210
Bedrooms 2
Originating Board OnePoint Association of REALTORS®
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 1 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview in 2025 is $4,538 + HST. Core (fixed) week in 2025 starts on June 20/25. Floating weeks for 2025 start on: February 21, May 30, June 20 (core week), October 17 and December 12/2025. 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. (id:24570)
Location
Province ON
Rooms
Extra Room 1 Main level 3.61 m X 3.05 m Living room
Extra Room 2 Main level 3.58 m X 2.13 m Dining room
Extra Room 3 Main level 2.21 m X 2.13 m Kitchen
Extra Room 4 Main level 2.87 m X 3.48 m Primary Bedroom
Extra Room 5 Main level 2.08 m X 1.8 m Bathroom
Extra Room 6 Main level 2.82 m X 2.39 m Bedroom
Interior
Heating Baseboard heaters
Cooling Wall unit
Fireplaces Number 1
Exterior
Parking Features No
Community Features Pets not Allowed
View Y/N Yes
View Lake view
Total Parking Spaces 1
Private Pool Yes
Others
Ownership Condominium/Strata
Listed by Chestnut Park Real Estate