For Sale

1052 RAT BAY Road Unit# 118-3, Lake of Bays, Ontario P1H 2J6

$42,500

1052 RAT BAY Road Unit# 118-3, Lake of Bays, Ontario P1H 2J6 is For Sale and has a listing price of 42,500. The property is located in the Franklin neighbourhood . It's been on the website for 93 Days.

  • Other
    Property Type
  • 2
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: X10897914
  • Office Name Chestnut Park Real Estate Ltd., Brokerage, Port Ca
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.

Property Details
  • Bedrooms: 2
  • MLS ID: X10897914
  • Bathrooms: 2
  • Price: $42,500
  • Transaction Types: For Sale
  • Ref ID: X10897914
  • Rooms: N/A
  • Half Bathrooms: N/A
  • Square Footage: N/A
  • View: Waterfront - West
  • Year Built: N/A
  • Approx Sqft: 900-999
  • Dir / Cross St: From Huntsville east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 16-30
  • Property Type: Other
  • Property Type:
Price History
List Date MLS ID List Price Status End Date Closed Price
07/09/2024 X10897914 $42,500 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Franklin
  • $1,493,612 Average List Price
    based on 1 year
  • 6 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 10.37 % Up
  • Sold (12mo) 3
  • Rented (12mo) 2

  • 1 Month Change +133.6%
  • 3 Month Change -
  • 6 Month Change -
Walkscore
Property Type Distribution
  • All Houses
    68.01%
  • Commercial
    24.34%
  • Condo
    3.98%
  • Land for Sale
    3.67%
Additional Details
  • Heat Type Baseboard
  • Heat Source Propane
  • Style Bungalow
  • Washroom Type1: 1
  • BuildingAmenities Visitor parking, Gym, Tennis court
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Wood
  • Kitchen Y
  • Fireplace Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 09/07/2024 07:03:27
  • Laundry Access: Inside
  • Condo Registry Office: 0
  • Locker: None
  • Property Mgmt Co: Blue Water Acres
  • Condo Corp#: 0
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