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118-3 - 1052 RAT BAY ROAD, Lake of Bays (Franklin)
2024-07-09
Quick Summary
- Location
- 118-3 - 1052 RAT BAY ROAD, Lake of Bays (Franklin), Ontario P1H2J6
- Price
- $42,500
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 900 - 999 sqft
- Bedrooms:
- 2
- Bathrooms:
- 2
- Garages:
- 4
MLS®#X10897914
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 2026 for 118 Algonquin cottage is $5127 + HST. Core (fixed) Week 3 for this cottage starts on July 10, 2026. Weeks for 2026 will start on January 9, March 20, April 17, July 10 (core week), and September 4. 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:32467)
Property Features
Building
- Amenities: Recreation Centre, Exercise Centre, Party Room, Visitor Parking, Fireplace(s)
- Appliances: Water Heater, Furniture, Microwave, Oven, Range, Stove, Window Coverings, Refrigerator
- Architectural Style: Bungalow
- Basement Type: None
- Cooling Type: Wall unit
- Exterior Finish: Wood
- Fireplace: Yes
- Interior Size: 900 - 999 sqft
- Building Type: Other
- Stories: 1
Land
- Land Size: 25 - 50 acres
Maintenance Fee
- Maintenance Fee: 427.25
Ownership
- Type: Condominium/Strata
Structure
- Structure: Tennis Court, Dock
Zoning
- Description: Waterfront Resort Comm'l with exception
Information entered by Chestnut Park Real Estate
Listing information last updated on: 2026-01-14 13:47:26
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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