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

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Fawad Nissari

fawad.nissari@exprealty.com +1(416) 878-1085

$ 42,500

Est. payment | -/mo

2 Beds

2 Baths

921 SqFt

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$ 42,500

Est. payment | -/mo

Save

2 Beds

2 Baths

921 SqFt

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

Building Age 16-30

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

Body of Water Lake Of Bays

Rooms

Basement None

Kitchen 1

Interior

Interior Features Water Heater

Cooling Wall Unit(s)

Fireplaces Type Propane

Fireplace Yes

Heat Source Propane

Exterior

Parking Features Reserved/Assigned, Mutual

Pool Indoor

Waterfront Description WaterfrontCommunity

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

Roof Type Shingles

Road Frontage Year Round Municipal Road

Exposure South

Total Parking Spaces 4

Building

Foundation Block

Locker None

New Construction true

Others

Pets Allowed No

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

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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Milton Home With Basement Apartment Under 1 Million

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