For Sale

1052 RAT BAY Road Unit# 102-1, Lake of Bays (Franklin), Ontario P1H2J6

$17,000

1052 RAT BAY Road Unit# 102-1, Lake of Bays (Franklin), Ontario P1H2J6 is For Sale and has a listing price of 17,000. The property is located in the Lake of Bays neighbourhood. It's been on the website for 316 Days.

  • Single Family
    Property Type
  • Detached
    Building Style
  • 2
    Bedrooms
  • 1
    Bathrooms
  • Visitor Parking
    Parking
  • 1
    Parking Spaces
  • MLS ID: X10901210
  • Office Name Chestnut Park Real Estate
Property Description

Blue Water Acres has almost 50 acres of Muskoka paradise and 300 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 1 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview in 2025 is $4,538 + HST. Core (fixed) week in 2025 starts on June 20/25. Floating weeks for 2025 start on: February 21, May 30, June 20 (core week), October 17 and December 12/2025. Maintenance fee is paid in the fall of each year for the following year but you only pay for the weeks that you have possession of the cottage. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. (id:43137)

Property Details
  • Bedrooms: 2
  • MLS ID: X10901210
  • Bathrooms: 1
  • Price: $17,000
  • Transaction Types: For Sale
  • Ref ID: 26069453
  • View: Lake View
  • Year Built: N/A
  • Building Type: Other
  • Building Style: Detached
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
09/18/2023 X10901210 $17,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Living room - Main 3.61 m x 3.05 m
Dining room - Main 3.58 m x 2.13 m
Kitchen - Main 2.21 m x 2.13 m
Primary Bedroom - Main 2.87 m x 3.48 m
Bathroom - Main 2.08 m x 1.8 m
Bedroom - Main 2.82 m x 2.39 m
Sunroom - Main 5.79 m x 2.26 m
Neighborhood Stats
Lake of Bays
  • $1,157,299 Average List Price
    based on 1 year
  • 7 New Listings
    based on 30 days
  • 147 Median Days on Market
    based on 1 year
  • List vs. Selling Price 235.31 % Up
  • Sold (12mo) 16
  • Rented (12mo) 6

  • 1 Month Change +20.3%
  • 3 Month Change -36.4%
  • 6 Month Change -21.0%
Walkscore
Property Type Distribution
  • All Houses
    68.52%
  • Commercial
    22.64%
  • Condo
    2.88%
  • Land for Sale
    5.96%
Additional Details
  • Sewers Septic System
  • Heat Source Propane
  • Style Cottage
  • Basement2 None
  • Heating System Baseboard Heaters
  • Water Lake/river Water Intake
  • Exterior Wood
  • Cooling System Wall Unit
  • Total Parking Spaces: 1
  • Property Features Wooded Area, Irregular Lot Size, Open Space
  • Waterfront: Waterfront
  • Fireplace True
  • Security None
  • Parking Visitor Parking
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 18/09/2023 00:00:00
  • Zoning Y
  • Agent Name: SUSAN BROWN
  • Address Subdivision: Franklin
  • Last Updated: 19/12/2024 16:58:38
Open House Dates
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