Homes for sale - 1052 RAT BAY RD #118-3, Lake Of Bays, ON P1H 2J6

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Josee Savard

josee@savardrealty.com +1(249) 877-4045

$42,500

Est. payment - /mo

2 Beds

2 Baths

921 SqFt

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UPDATED:

02/03/2025 03:04 PM

Key Details

Property Type Condo

Sub Type Other

Listing Status Active

Purchase Type For Sale

Approx. Sqft 900-999

Square Footage 921 sqft

Price per Sqft $46

Subdivision Franklin

MLS Listing ID X10897914

Style Bungalow

Bedrooms 2

HOA Fees $5,026

Tax Year 2024

Lot Size 25.000 Acres

Property Sub-Type Other

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 2025 for 118 Algonquin cottage is $5026 + HST. Core (fixed) Week 3 for this cottage starts on July 4, 2025. 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 March Break 2025 as one 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

Community Franklin

Area Muskoka

Zoning Waterfront Resort Comm'l with exception

Rooms

Basement None

Kitchen 1

Interior

Interior Features Water Heater

Cooling Wall Unit(s)

Fireplaces Number 1

Fireplaces Type Propane

Inclusions Carbon Monoxide Detector, Furniture, Gas Oven Range, Microwave, Refrigerator, Smoke Detector, Stove, Hot Water Tank Owned, Window Coverings

Laundry Inside

Exterior

Parking Features Reserved/Assigned, Mutual

Pool Indoor

Amenities Available Game Room, Gym, Party Room/Meeting Room, Tennis Court, Visitor Parking

Waterfront Description Dock,Beach Front

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

Roof Type Shingles

Exposure South

Total Parking Spaces 4

Building

Foundation Block

Locker None

New Construction true

Others

Senior Community No

Pets Allowed No

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Listed by Chestnut Park Real Estate Ltd., Brokerage, Port Carling

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Josee Savard

+1(249) 877-4045

1052 RAT BAY RD #118-3 Lake Of Bays, ON P1H 2J6

Josee Savard

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1052 RAT BAY RD #118-3