1052 RAT BAY Road Unit# 106-7 , Lake of Bays (Twp) , Ontario , P1H 2J6

Listing ID :40125305

$76,500.00

1052 RAT BAY Road Unit# 106-7 , Lake of Bays (Twp) , Ontario , P1H 2J6

Property Type
Single Family
Building Type
House
Storeys
1
Title
Timeshare/Fractional
Land Size
49.5 ac|25 - 50 acres
Parking Type
Visitor Parking
Year Built
NA

Description

Blue Water Acres cottage resort has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. 106 Algonquin Cottage has a propane fireplace and laundry facilities and is close to the pool area and games room. Fractional ownership entitles you to 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 Interval that you buy for your core summer week plus 4 more floating weeks each year in the other seasons. Some owners rent some of their weeks out to help cover maintenance costs (which include property taxes, cleaning, insurance, utilities, repairs etc...) Rental rates for Algonquin cottage range from $1,859/wk to $3,169/wk depending on the season. If you use the Blue Water Acres rental program to rent it out, 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 106 Algonquin, Week 7. Check-in is on Sundays at 4 p.m. ANNUAL maintenance fee for 106 Algonquin is $4,593 + HST. Core week started August 8th, 2021. Remaining weeks are Nov 7, 2021 and January 2, 2022. See suplemental material for weeks in upcoming years. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. (id:38336)

Details

AccessType
Road access
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
NA
Waterfront
Waterfront
WaterFrontName
Lake of Bays

Building

Bathrooms (Partial)
NA
Bathrooms (Total)
2
Bedrooms - Above Grade
2
Bedrooms - Below Grade
0
Exterior Finish
Wood
Fireplace Type
NA
Floor Space
921.0900
Flooring
NA
Foundation Type
NA
Heating Fuel
Electric
Heating Type
Baseboard heaters
Rental Equipment
NA
Style
Detached
Utility Sewer
NA
Water
Lake/River Water Intake

Land

Landscape Features
NA
LevelTypeDimensions
Main level4pc Bathroom5'11'' x 10'0''
Main level3pc Bathroom6'7'' x 6'7''
Main levelBedroom11'0'' x 10'1''
Main levelPrimary Bedroom11'0'' x 13'7''
Main levelSunroom10'11'' x 11'4''
Main levelKitchen10'6'' x 8'1''
Main levelDining room10'6'' x 11'0''
Main levelLiving room10'0'' x 13'9''

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