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102-2 - 1052 Rat Bay

| Lake of Bays

$25,000.00

Listed 3 months ago

  • 2 bed
  • 1 bath
  • - sqft
  • 2.0 parking
  • Cottage

Instant Estimate

$139,425

+$114,425 compared to list price

  • Upper range

    $184,394

  • Mid range

    $139,425

  • Lower range

    $94,456

Property history

  • Now
    Listed on Jul 15, 2024

    Listed for $25,000.00

    86 days on market

  • Aug 22, 2023
    1 year ago

    Expired

    Listed for $32,900.00 • 9 months on market

Location & area

Schools nearby

Home Details

Description
Blue Water Acres has almost 50 acres of Muskoka paradise and 30 feet of south-facing frontage on Lake of Bays.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 for five weeks per year: one core summer week, plus 4 more floating weeks in the other seasons. Some owners rent their weeks out to help cover maintenance costs. Rental rates for Deerview cottage range from $1,659/wk to $3,009/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 pool, whirlpool, 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 102 Deerview, Week 2 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview is $4,161 + HST2022There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. It's a unique way to own a share of Muskoka. Your weeks can also be traded for weeks at other luxury resorts around the world.
Additional media
-
Property taxes
$175.00 per year / $14.58 per month
Basement
None
Year build
-
Type
Cottage
Bedrooms
2
Bathrooms
1
Parking spots
2.0 Total | 2.0 Garage
Floor
-
Balcony
-
Pool
Indoor
External material
Wood
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Baseboard
Fire place(s)
Y
  • Main
    Living
    11’8” x 9’11”
    Bathroom
    6’9” x 5’10”
    Br
    8’10” x 7’9”
    2nd Br
    8’10” x 7’9”
    Sunroom
    18’8” x 7’3”
    Kitchen
    7’11” x 9’11”
    Dining
    11’7” x 6’11”

Listing Brokerage

MLS® Listing
X9039007
Brokerage
RE/MAX REALTRON REALTY INC.

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