1052 Rat Bay Road #102-1 Active Save Request In-Person Tour Request Virtual Tour
Lake Of Bays (twp),ON P1H 2J6
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 493 sqft
Price per Sqft $34
MLS Listing ID 40483887
Style Cottage
Bedrooms 2
Full Baths 1
Lot Size 49.500 Acres
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 2024 is $4,454 + HST. Core (fixed) week in 2024 starts on. Weeks for 2024 are: Feb 16/24, May 24, June 21 (core week), October 11, December 6/24. 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.
Location
Province ON
County Muskoka
Area Lake Of Bays
Zoning Waterfront Resort Commercial with an exception
Rooms
Kitchen 1
Interior
Heating Baseboard,Electric,Fireplace-Propane
Cooling Wall Unit(s)
Fireplaces Number 1
Laundry Common Area,Shared
Exterior
Exterior Feature Recreational Area,Tennis Court(s),Year Round Living
Garage Exclusive
Pool Indoor
Utilities Available Cell Service,Electricity Connected
Waterfront Yes
Waterfront Description Lake,Waterfront Community,South,Beach Front,Lake/Pond
View Y/N true
View Bay,Beach,Lake,Panoramic,Pool,Trees/Woods
Roof Type Shingle
Building
Lot Description Rural,Beach,Trails
Foundation Block
Sewer Septic Tank
Water Lake/River
Structure Type Wood Siding
New Construction No