10 January,2025
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Canadian Mortgages

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$42,500
Available - For Sale
Listing ID: X10897914
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.
Price $42,500
Taxes: $0
Assessment: $0
Assessment Year: 2024
Address: 1052 RAT BAY Rd , Unit 118-3, Lake of Bays, P1H 2J6, Ontario
Fronting On: S
Province/State: Ontario
Legal Description: Firstly: Part of Lot 21, Concession 10,
Directions/Cross Streets: From Huntsville east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres
Rooms: 8
Rooms +: 0
Bedrooms: 2
Bedrooms +: 0
Washrooms: 2
Kitchens: 1
Kitchens +: 0
Basement: None
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living 19.22 9.97
Room 2: Main Dining 10.99 14.14
Room 3: Main Kitchen 8.66 14.14
Room 4: Main Sunroom 13.74 17.65
Room 5: Main Prim Bdrm 17.81 10.99
Room 6: Main Br 10.66 10.99
Room 7: Main Bathroom 10.82 10.82
Room 8: Main Bathroom 9.97 12.66
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  4 Main
Property Type: Other
Style: Bungalow
Exterior: Wood
Garage Type: Visitor
Garage(/Parking)Space: 0
(Parking/)Drive: Mutual
Drive Parking Spaces: 4
Exposure: S
Locker: None
Pet Permited: N
Approximatly Age: 6-15
Building Amenities: Games Room
Gym
Outdoor Pool
Party/Meeting Room
Sauna
Tennis Court
Fireplace/Stove: Y
Heat Source: Propane
Heat Type: Baseboard
Central Air Conditioning: Wall Unit
Elevator Lift: N
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Chestnut Park Real Estate Ltd., Brokerage, Port Carling

1052 RAT BAY Rd , Unit 118-3, Lake of Bays, P1H 2J6, Ontario

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Maria Tompson
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416-548-7854
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416-548-7854
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416-981-7184

 
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Type: Condo - Other
Area: Muskoka
Municipality: Lake of Bays
Neighbourhood: Franklin
Style: Bungalow
Lot Size: x (Acres)
Approximate Age: 6-15
Tax: $0
Maintenance Fee: $0
Beds: 2
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: Indoor
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Maria Tompson
Your Company Name , Brokerage
Independently owned and operated.
416-548-7854 sales@bestforagents.com
Office Address : 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
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