Address
1052 RAT BAY Road Unit# 108-8, Lake of Bays, ON
Price
$ 53,900
Property Attributes
  • ID#40517162
  • TypeSingle Family
  • CityLake of Bays
  • NeighbourhoodFranklin
  • Postal CodeP1H 2J6
  • StyleBungalow
  • Price$ 53,900
  • Bedrooms2
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage958
  • Lot Size49.5 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Blue Water Acres FRACTIONAL ownership means that you share the cottage with 9 other owner’s you will own a 1/10th share of the cottage (your Interval week) and a smaller share in the entire resort. It's NOT A TIMESHARE. This cottage is known as 108 Algonquin and it's one of three cottages OFFERING THE BEST BEACH/LAKE VIEW at Blue Water Acres; it has private and guest parking, hi-speed internet, good cell service, 2 spacious bedrooms, 2 bathrooms, washer & dryer, cozy propane fireplace in living area, large dining area with full equipped kitchen and large screened in Muskoka Room. You will have exclusive use of your cottage for 5 weeks of the year. Check-in day for 108 Algonquin is Saturday and the Core Week (Week 8) in 2024 starts on August 10. The four other floating weeks rotate each year so it's fair to all the owners. Remaining weeks for 2024: January 27, May 4, September 21, November 16/24. Included for your enjoyment; beach chairs, kayaks, paddle boats, a 300' sand beach, tennis and badminton courts, playground, indoor swimming pool with change room & sauna, gathering room with grand piano, games room with pool tables, fitness room, tubing hill, skating, walking & snowshoe trails and more. You can even moor your own boat at Blue Water Acres for your weeks during boating season. All the cottages are pet-free & smoke-free. This is an affordable way to enjoy cottage life without the cost or work of full cottage ownership. Annual Maintenance fees INCLUDE EVERYTHING and are paid November for the following year. The ANNUAL maintenance fee for each owner in 108 Algonquin cottage in 2024 is $4,939+HST. There is NO HST on the purchase price. It's a unique way to own a share of Muskoka on Muskoka’s second largest lake. Your weeks can also be traded for weeks at other luxury resorts around the world through Interval International. Or you can rent your weeks out either through Blue Water Acres or on your own. *Interior images shown are similar to cottage interior. (id:7434)

General Features

Features Southern exposure,Shared Driveway,Country residential,Recreational,No Pet Home
Community Features Community Centre
Property Type Single Family
Zoning Description Waterfront Resort Commercial with an exception
Ammenities Beach,Golf Nearby,Playground,Ski area
Building Age New building
Building Amenities Exercise Centre,Party Room
Building Appliances Dishwasher,Dryer,Microwave,Refrigerator,Satellite Dish,Stove,Washer,Range - Gas,Window Coverings
Building Architectural Style Bungalow
Building Cooling Type Wall unit
Location Description From Huntsville east on Hwy 60 to South Portage Rd,to Rat Bay Road to Blue Water Acres
Parking Space Total 4
Fixture Ceiling fans
Building Type House
Maintenance Fee 0.00
Ownership Type Timeshare/Fractional
Building.StoriesTotal 1

Interior Features

Building Fireplace Present True
Building Fireplace Total 1
Building Fireplace Type Other - See remarks
Building Heating Type Baseboard heaters
Building Heating Fuel Electric
Basement Type None
Construction Material Wood frame
Construction Style Attachment Detached
Fireplace Fuel Propane

Exterior Features

Pool Type Indoor pool
Structure Tennis Court
Water Front Name Lake of Bays
Water Front Type Waterfront
Land Amenities Beach,Golf Nearby,Playground,Ski area
Exterior Finish Wood

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in P1H 2J6

Price
AVG $940K
$50K
Visits
AVG 229
1151
Data Provided by Inside Real Estate®

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