1052 RAT BAY RD #118-3 Active Save Request In-Person Tour Request Virtual Tour
Lake Of Bays,ON P1H 2J6
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
MLS Listing ID X10897914
Style Bungalow
Bedrooms 2
HOA Fees $5,026
Tax Year 2024
Lot Size 25.000 Acres
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
Region Franklin
City Region Franklin
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
Garage Spaces 4.0
Pool Indoor
Waterfront Description WaterfrontCommunity
View Beach,Panoramic,Bay,Lake,Trees/Woods
Roof Type Shingles
Total Parking Spaces 4
Building
Foundation Block
Locker None
New Construction true
Others
Pets Allowed No