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130 days on Market

1052 Rat Bay Rd #102-2, Lake of Bays, Ontario P1H 2J6

$25,000
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Detached
2
1
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$107/mo

Tax Amount (2023)$175/yr

Days On Market130 days


Description

Blue Water Acres has almost 50 acres of Muskoka paradise and 30 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 2 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview is $4,161 + HST2022There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. 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.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size45,000 SqFt(150 x 300)
Parking Spaces2
MLS ®NumberX9039007
Community NameLake of Bays
Data SourceTRREB

Features

Heating: Baseboard
Cooling: Wall Unit
Fireplace

Main Floor

Br

2.70 x 2.35

2nd Br

2.70 x 2.35

Sunroom

5.70 x 2.22

Kitchen

2.42 x 3.02


Features

Lot size: 45,000 SqFt
Pool: Indoor

Parking

Garage spaces 2

Garage type None

Other parking spaces 0

Total parking spaces 2


Property History

Now
ListedFor Salefor$25,000Active
130 days on market
Listing by trreb®
history photo preview23
May 30, 2024
ListedFor Salefor$32,900Expired
Stayed 282 days on market
Listing by trreb®
history photo preview22
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Property listed by RE/MAX REALTRON REALTY INC., Brokerage
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