For Sale

1052 RAT BAY Road Unit# 103-2, Lake of Bays (Franklin), Ontario P1H2J6

$28,000

1052 RAT BAY Road Unit# 103-2, Lake of Bays (Franklin), Ontario P1H2J6 is For Sale and has a listing price of 28,000. 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: X10900088
  • 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 although some think it is similar. 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 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 103 Deerview, Week 2. Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee PER OWNER for 2023 for Deerview is $4,454 + HST. Core (fixed)Week 2 in 2024 will start on Friday, June 28. Remaining week for 2023: December 8,2023. Weeks in 2024 start on Feb 23, May 31, June 28 (fixed week) Oct 18, Dec 13. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. Interior photos are of a similar unit but not the exact unit. All furnishings are identical. This is an amazing trouble-free way to enjoy cottage life in Muskoka. Everything is taken care of for you. All you need to do is enjoy being here and there is so much to do. Hidden Valley skiing, Arrowhead Park, Algonquin Park, world class golf, and fantastic facilities at Blue Water Acres. (id:43137)

Property Details
  • Bedrooms: 2
  • MLS ID: X10900088
  • Bathrooms: 1
  • Price: $28,000
  • Transaction Types: For Sale
  • Ref ID: 24447639
  • 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
05/25/2022 X10900088 $28,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Living room - Main 3.63 m x 2.99 m
Dining room - Main 2.43 m x 2.13 m
Kitchen - Main 2.2 m x 2.13 m
Sunroom - Main 5.84 m x 2.28 m
Primary Bedroom - Main 2.87 m x 3.55 m
Bedroom - Main 2.79 m x 2.41 m
Bathroom - Main 2.08 m x 1.72 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
  • Heat Source Propane
  • Style Bungalow
  • Basement2 None
  • Heating System Baseboard Heaters
  • Water Lake/river Water Intake
  • Exterior Wood
  • Cooling System Wall Unit
  • Total Parking Spaces: 1
  • Property Features Recreational, Southern Exposure, Country Residential, Shared Driveway, No Pet Home
  • Waterfront: Waterfront
  • Fireplace True
  • Parking Visitor Parking
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 25/05/2022 00:00:00
  • Zoning Cbd (central Business District)
  • Agent Name: SUSAN BROWN
  • Address Subdivision: Franklin
  • Last Updated: 11/12/2024 17:00:13
Open House Dates
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