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1052 Rat Bay Road Unit# 118-3 Lake Of Bays (Twp), Ontario P1H 2J6

Bungalow Fireplace Indoor Pool Wall Unit Baseboard Heaters Waterfront Acreage

$42,500

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 2024 for 118 Algonquin cottage is $4939 + HST. Core (fixed) Week 3 for this cottage started on July 5, 2024 and weeks in 2024 started March 1 June 7, remaining weeks will be October 25 and December 20/2024 . 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 Christmas/2024 and March Break 2025 as two 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:8282)

Property Details

MLS® Number 40616868
Property Type Single Family
AmenitiesNearBy Beach, Playground
Features Southern Exposure, Shared Driveway, Country Residential, Recreational, No Pet Home
ParkingSpaceTotal 4
PoolType Indoor Pool
ViewType Lake View
WaterFrontType Waterfront

Building

BathroomTotal 2
BedroomsAboveGround 2
BedroomsTotal 2
Age New Building
Amenities Exercise Centre, Party Room
Appliances Microwave, Refrigerator, Stove, Range - Gas, Window Coverings
ArchitecturalStyle Bungalow
BasementType None
ConstructionMaterial Wood Frame
ConstructionStyleAttachment Detached
CoolingType Wall Unit
ExteriorFinish Wood
FireplaceFuel Propane
FireplacePresent Yes
FireplaceTotal 1
FireplaceType Other - See Remarks
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 1
SizeInterior 921.72 Sqft
Type House
UtilityWater Lake/river Water Intake

Parking

Visitor Parking

Land

AccessType Road Access
Acreage Yes
LandAmenities Beach, Playground
SizeIrregular 49.5
SizeTotal 49.5 Ac|25 - 50 Acres
SizeTotalText 49.5 Ac|25 - 50 Acres
SurfaceWater Lake
ZoningDescription Waterfront Resort Commercial With An Exception

Rooms

Level Type Dimensions
Main Level 4pc Bathroom 9'11'' x 6'0''
Main Level 3pc Bathroom 6'10'' x 6'6''
Main Level Bedroom 10'3'' x 10'11''
Main Level Primary Bedroom 13'5'' x 10'11''
Main Level Sunroom 11'3'' x 10'11''
Main Level Kitchen 8'1'' x 10'7''
Main Level Dining Room 11'0'' x 10'7''
Main Level Living Room 13'9'' x 10'0''

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