For Sale

1052 RAT BAY Road Unit# 118-3, Lake of Bays (Franklin), Ontario P1H2J6

$42,500

1052 RAT BAY Road Unit# 118-3, Lake of Bays (Franklin), Ontario P1H2J6 is For Sale and has a listing price of 42,500. The property is located in the Lake of Bays neighbourhood. It's been on the website for 169 Days.

  • Single Family
    Property Type
  • Detached
    Building Style
  • 2
    Bedrooms
  • 2
    Bathrooms
  • Visitor Parking
    Parking
  • 4
    Parking Spaces
  • MLS ID: X10897914
  • Office Name Chestnut Park Real Estate
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. (id:43137)

Property Details
  • Bedrooms: 2
  • MLS ID: X10897914
  • Bathrooms: 2
  • Price: $42,500
  • Transaction Types: For Sale
  • Ref ID: 27144708
  • 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
07/09/2024 X10897914 $42,500 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Living room - Main 5.86 m x 3.04 m
Dining room - Main 3.35 m x 4.31 m
Kitchen - Main 2.64 m x 4.31 m
Sunroom - Main 4.19 m x 5.38 m
Primary Bedroom - Main 5.43 m x 3.35 m
Bedroom - Main 3.25 m x 3.35 m
Bathroom - Main 3.3 m x 3.3 m
Bathroom - Main 3.04 m x 3.86 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
  • - Walk Score
    Car-Dependent
  • 12 Bike Score
    Somewhat Bikeable
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: 4
  • 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: 09/07/2024 00:00:00
  • Zoning Y
  • Agent Name: SUSAN BROWN
  • Address Subdivision: Franklin
  • Last Updated: 19/12/2024 20:27:58
Open House Dates
Want to see this property?