Property Details

1052 RAT BAY 132 ALGONQUIN FRACTIONAL COTTAGE WEEK 6 Road, Lake of Bays (Twp), Ontario, P1H2J6

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For sale, ID#: 40083991
1052 RAT BAY 132 ALGONQUIN FRACTIONAL COTTAGE WEEK 6 Road
Lake of Bays (Twp) Ontario
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2 Beds
2 Bath
$71,077

Blue Water Acres has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays and is offering NEW fractional ownership of one of many different Interval weeks in three different styles of detached four-season cottages. All cottages have a propane fireplace. This is NOT a timeshare. You would actually own a 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 one core summer week plus 4 more floating weeks each year in the other seasons. Some owners rent their weeks out to help cover maintenance costs. There is a high demand for rentals this year and all of the new Interval (fractional) units are rented for the summer week in 2021. If you buy a unit now and want to use it for your core summer week this year there is a possibility that the renters would be willing to switch to another time or another cottage. Or you could collect the rental income yourself. Rental rates for Algonquin cottage range from $1,859/wk to $3,169/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 132 Algonquin Week 6. Check-in is on Sundays at 4 p.m. ANNUAL maintenance fee for Algonquin is $4,593 + HST. Core week 6 (presently rented out) starts Aug 1st in 2021 & the remaining weeks in 2021 start on October 31 & December 26. There is a laundry in the Algonquin cottage. The purchase price includes HST. All cottages are PET-FREE and Smoke-free. (id:2471)

Representative
Elda Pirie
Elda PirieSales Representative,
Ball Real Estate Inc. Brokerage
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Property Details
  • Property Address: 1052 RAT BAY 132 ALGONQUIN FRACTIONAL COTTAGE WEEK 6 Road, Lake of Bays (Twp), Ontario, P1H2J6
  • Property Type: Single Family
  • Zoning Description: Waterfront Resort Commercial w
  • Title: Timeshare/Fractional
  • Lot Size: 49.5
  • Acreage: 49.5 ac|25 - 50 acres
  • Water Type: Lake/River Water Intake
  • Access: Road access
  • Driveway: Visitor Parking
  • Waterfront Type: Waterfront
  • Waterfront: Lake of Bays
  • Amenities Nearby: Beach
Structure Details
  • Structure Style: House
  • Style: Detached
  • Storeys: 1
  • Floor Space: 938.3300
  • Bedrooms: 2
  • Bathrooms: 2-Total
  • Basement Type: None
  • Heating Type: Electric, Baseboard heaters
  • Cooling: Central air conditioning
  • Exterior Type: Wood
  • Appliances Included: Microwave, Refrigerator, Stove, Range - Gas, Window Coverings
Amenities / Features
  • Beach
  • Shared Driveway
  • Country residential
  • No Pet Home
Room Details
Type Level Dimensions
4pc Bathroom Main level 5'11'' x 9'8''
3pc Bathroom Main level 6'6'' x 6'10''
Bedroom Main level 10'0'' x 10'2''
Primary Bedroom Main level 11'0'' x 13'4''
Sunroom Main level 10'10'' x 11'4''
Kitchen Main level 10'7'' x 8'0''
Dining room Main level 8'2'' x 11'0''
Living room Main level 18'5'' x 13'8''
Neighbourhood Information

Listing Office: CHESTNUT PARK REAL ESTATE LIMITED - BROKERAGE, HUNTSVILLE - M208

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1052 RAT BAY 132 ALGONQUIN FRACTIONAL COTTAGE WEEK 6 Road, Lake of Bays (Twp), Ontario, P1H2J6

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