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$ 25,000

#102-2 - 1052 Rat Bay Road, Lake of Bays, ON P1H 2J6

Lake of Bays, ON, P1H 2J6

MLS® Number : X9039007

2 Beds / 1 Baths / 2 Parking

Lot Front: 300 Feet / Lot Depth: 150 Feet

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.

Extras


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Property Type

Detached

Neighbourhood

Franklin

Garage Spaces

2

Property Taxes

$ 175

Area

Muskoka

Additional Details


Building


Bedrooms

2

Bathrooms

1

Utilities


Water

Municipal

Sewer

Septic

Features


Kitchen

1

Family Room

No

Basement

None

Fireplace

Yes

External Features


External Finish

Wood

Property Features


Cooling And Heating


Cooling Type

Wall Unit(s)

Heating Type

Baseboard

Bungalows Information


Days On Market

0 Days

Rooms

Metric

Imperial


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