1052 Rat Bay Road #118-3 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 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
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