$42,500
( $46.11Per Sq Foot )
 $228 est/mo Sourced by Back At You

#118-3 - 1052 Rat Bay Road , Lake of Bays, ON P1H 2J6

Lake of Bays, ON P1H 2J6

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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.

Details

MLS#X10897914
Listing TypeFor Sale
Building Name118 Algonquin
HOA Dues$5,026
Sub-TypeNew Construction
StatusNew
Days On Site189
Listing Provided ByChestnut Park Real Estate Ltd., Brokerage, Port Carling | Not Provided

Features

Bed(s)2
Bath(s)2
SQ Feet921
Water FrontWaterfrontCommunity
Property ViewBeach, Panoramic, Bay, Lake, Tre
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 28 minutes ago
StateON
CountyMuskoka
CityLake of Bays
Zip CodeP1H 2J6
AreaFranklin
Listing VS Median (in P1H 2J6)
Price:
$42,500
low | high
Med:
$49,900
32.588235294118% of Average
SqFt:
921
low | high
Med:
921
50% of Average
$ / SqFt:
$46
low | high
Med:
$54
32.588235294118% of Average
On Site:
189
low | high
Med:
637.000000
29.67032967033% of Average
Sourced by Back At You
Listing Updated: December 21, 2024 at 6:28:15 AM PST