1052 RAT BAY Road Unit# 102-7 , Lake of Bays (Twp) , Ontario , P1H 2J6

Listing ID :40143400

$29,000.00

1052 RAT BAY Road Unit# 102-7 , Lake of Bays (Twp) , Ontario , P1H 2J6

Property Type
Single Family
Building Type
House
Storeys
NA
Title
Timeshare/Fractional
Land Size
49.5 ac|25 - 50 acres
Parking Type
Visitor Parking
Year Built
NA

Description

Blue Water Acres has almost 50 acres of Muskoka paradise and 300 feet of south facing frontage on Lake of Bays and is offering fractional ownership in a variety of detached four-season cottages. This is NOT a time share. You would actually own a share of the cottage that you buy which includes a share in the entire complex giving you the right to use the cottage for one core summer week plus 4 more floating weeks each year in the other seasons. This 2-bedroom cottage is called 102 Deerview, Week 7, and check-in is on Fridays at 4 p.m. Week 7 started on Aug 6 in 2021 and the remaining weeks of 2021 start on Nov 5 and Dec 31. (see supplemental documents for upcoming weeks in 2022, 2023 and 2024). ANNUAL maintenance fee for the Deerview is $4,194 + HST. Facilities include indoor swimming pool, whirlpool, sauna, games room, fitness room, activity center, gorgeous sandy beach with shallow water (ideal for kids), great swimming, kayaks, canoes, paddle boats, skating rink, tennis court, playground and walking trails. You can moor your boat for your weeks during boating season. Owners of Deerview are given tokens and laundry detergent to use in the common area building. Owners also have the option to participate in the Interval International Association (see supplements). There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. Some owners rent their weeks out to help cover maintenance costs. Weekly Rental income for the Deerview ranges from $1579/wk to $2859/wk depending on the season. If you choose to use the Blue Water Acres rental program, the revenue is split 50/50. If you rent it yourself, you keep 100% of the revenue. This is a great investment on a beautiful part of Lake of Bays which you can enjoy for five weeks per year! (id:38336)

Details

AccessType
NA
Appliances
Microwave, Refrigerator, Stove, Range - Gas, Window Coverings
Features
Southern exposure, Beach, Shared Driveway, Country residential, Recreational, No Pet Home
Parking Type
Visitor Parking
Rental Equipment
NA
Structure
Tennis Court
Waterfront
Waterfront
WaterFrontName
Lake of Bays

Building

Bathrooms (Partial)
NA
Bathrooms (Total)
1
Bedrooms - Above Grade
2
Bedrooms - Below Grade
0
Exterior Finish
Wood
Fireplace Type
NA
Floor Space
565.0000
Flooring
NA
Foundation Type
NA
Heating Fuel
Electric
Heating Type
Baseboard heaters
Rental Equipment
NA
Style
Detached
Utility Sewer
Septic System
Water
Lake/River Water Intake

Land

Landscape Features
NA
LevelTypeDimensions
Main levelSunroom19'0'' x 7'5''
Main levelPrimary Bedroom9'5'' x 11'5''
Main levelLiving room11'10'' x 10'0''
Main levelKitchen7'3'' x 7'0''
Main levelBedroom9'3'' x 7'10''
Main level3pc Bathroom6'10'' x 5'11''

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