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Akash Sharma

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$ 39,900

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1052 Rat Bay RD #111-8 Lake Of Bays, ON P0A 1H0

2 Beds

2 Baths

UPDATED:

Key Details

Property Type Condo

Sub Type Other

Listing Status Active

Purchase Type For Sale

Approx. Sqft 900-999

Subdivision Franklin

MLS Listing ID X12061479

Style Bungalow

Bedrooms 2

HOA Fees $5,026

Building Age 16-30

Tax Year 2025

Property Sub-Type Other

Property Description

Blue Water Acres FRACTIONAL ownership means that you share the cottage with 9 other owners but you will own yourself a 1/10th share of the cottage (your "Interval" week) and also a smaller share in the entire resort. This cottage is known as 111 Algonquin and it's a favourite at Blue Water Acres. It has 2 spacious bedrooms, and 2 bathrooms. The core summer week in 2025 will start on Aug 10/25. The cottage has a cozy propane fireplace and a screened-in Muskoka Room. You will have exclusive use of the cottage for 5 weeks of the year. The check-in day for Week 8 is Sunday. Weeks in 2025 start(ed) on Feb 2, May 11, August 10 (core/fixed week), Sept 28, Nov 23/25. The 4 floating weeks rotate each year so it's fair to all the owners. There are many amenities at Blue Water Acres: hot tub/sauna, all linens and towels supplied, kayaks, paddle boats, a beautiful sand beach, 300 ft of waterfront on Lake of Bays, indoor swimming pool, owners' gathering room with grand piano and large TV screen , games room with pool tables, ping pong table, shuffle board & foosball, fitness room, tennis/pickleball court, basketball courts, large children's playground & equipment. You can moor your own boat during your own boating season weeks. Winter tube slide, skating rink & fire pit. There is so much to do here! All cottages are pet-free and smoke-free. This is an affordable way to enjoy cottage life without the cost or hassles of full cottage ownership. Maintenance fees include everything and are paid in the fall for the following year. The ANNUAL fee for EACH of the owners in 111 Algonquin cottage for 2025 is $5,026 + HST. This fee can be paid in two installments, November and March. There is NO HST on the purchase price of the cottage. It's a unique way to own a part of Muskoka. Your weeks can be traded for weeks at other luxury resorts around the world. Some photos & floor plan shown are for a similar cottage but may not be identical to the subject cottage.

Location

Province ON

County Muskoka

Community Franklin

Area Muskoka

Body of Water Lake Of Bays

Rooms

Family Room No

Basement None

Kitchen 1

Interior

Interior Features Water Heater Owned

Fireplaces Type Propane

Fireplace Yes

Heat Source Electric

Exterior

Exterior Feature Recreational Area

Parking Features Private

Waterfront Description WaterfrontCommunity

View Water

Roof Type Asphalt Shingle

Topography Level,Sloping

Exposure South

Total Parking Spaces 2

Building

Unit Features Beach,Lake/Pond,Waterfront

Foundation Concrete Block

Locker None

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Pets Allowed No

Listed by Chestnut Park Real Estate

Akash Sharma

Real Estate Agent

+1(343) 804-0015

Akash Sharma

1052 Rat Bay RD #111-8 Lake Of Bays, ON P0A 1H0

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1052 Rat Bay RD #111-8