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$ 32,000
Est. payment /mo
Active
1052 Rat Bay RD #103-4 Lake Of Bays, ON P1H 2J6
2 Beds
25 Acres Lot
UPDATED:
07/15/2024 05:49 PM
Key Details
Property Type Single Family Home
Sub Type Cottage
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9039022
Style Bungalow
Bedrooms 2
Annual Tax Amount $175
Tax Year 2023
Lot Size 25.000 Acres
Property Description
Blue Water Acres has almost 50 acres of Muskoka paradise and 30 feet of south-facing frontage on Lake ofBays. This is FRACTIONAL ownership. It is NOT a timeshare. You would actually 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 one core summer week plus 4 more floating weeks each year in the other seasons. Some owners rent their weeks out to help cover maintenance costs. There is a high demand for rentals this year, Rental rates for Deerview cottage range from $1579/wk to $2859/wk depending on the season. If it's rented through Blue Water Acres 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 poo lwhirlpool 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 103 Deerview, Week 4.Check-in is on Fridays at 4p.m.ANNUAL maintenance fee for Deerview is $4161+HST. There is no HST on the purchase price. Your weeks can also be traded for weeks at other luxury resorts around the world.
Location
Province ON
County Muskoka
Area Muskoka
Rooms
Family Room No
Basement None
Kitchen 1
Interior
Interior Features None
Cooling Wall Unit(s)
Fireplace Yes
Heat Source Electric
Exterior
Parking Features Front Yard Parking
Garage Spaces 2.0
Pool Indoor
Roof Type Unknown
Lot Depth 150.0
Total Parking Spaces 2
Building
Foundation Unknown
Listed by RE/MAX REALTRON REALTY INC.