ON > Lake Of Bays (twp)
Lake Of Bays (twp), ON P1H 2J6,1052 Rat Bay Road #118-3
Lake Of Bays (twp), ON P1H 2J6,1052 Rat Bay Road #118-3
Lake Of Bays (twp), ON P1H 2J6,1052 Rat Bay Road #118-3
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The Real Estate Boutique Brokerage Inc

The Real Estate Boutique Brokerage Inc

+1(905) 332-2207
Listed by Susan Brown • Chestnut Park Real Estate Ltd., Brokerage, Port Carling
$42,500
Est. payment /mo
2 Beds
2 Baths
921 SqFt
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UPDATED:

09/26/2024 04:11 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 921 sqft

Price per Sqft $46

MLS Listing ID 40616868

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 resort has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is not a time share although some think it is similar. You do actually own 1/10 of the cottage. 118 Algonquin Cottage is a 2 bedroom cottage, has a great view of the lake and is very private. Ownership includes a share in the entire complex. This gives you the right to use the cottage Interval that you buy for one core summer week plus 4 more floating weeks each year in the other seasons for a total of 5 weeks per year. Facilities include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity centre, 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. Check-in for 118 Algonquin Cottage is on Fridays at 4 p.m. ANNUAL maintenance fee PER OWNER in 2024 for 118 Algonquin cottage is $4939 + HST. Core (fixed) Week 3 for this cottage started on July 5, 2024 and weeks in 2024 started March 1 June 7, remaining weeks will be October 25 and December 20/2024 . Weeks for 2025 will start on March 7, June 13, July 4 (Core Week), October 31 and December 26. Note that this unit will have Christmas/2024 and March Break 2025 as two of their floating weeks. There is laundry in the Algonquin cottages. No HST on resales. All cottages are PET-FREE and Smoke-free. Ask for details about fractional ownerships and what the annual maintenance fee covers (it covers everything). You can deposit weeks you don't use in Interval International or rent them out to help cover the maintenance fees. Blue Water Acres will rent your weeks out for you and you keep 50% of the rental income or rent them out yourself and you keep 100% of the income.

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

Garage Exclusive, Mutual/Shared

Pool Indoor

Waterfront Yes

Waterfront Description Lake,Waterfront Community,South,Beach Front,Lake/Pond

View Y/N true

View Bay, Beach, Lake, Panoramic, Trees/Woods

Roof Type Shingle

Parking Type Exclusive, Mutual/Shared

Garage No

Building

Lot Description Rural, Beach, Playground Nearby, 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 No

Ownership Fractional

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