1052 Rat Bay Road Unit# 105-8
Lake of Bays (Twp), Ontario P1H2J6

2 beds · 1 bath · 562 sqft

Blue Water Acres has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. 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 for five weeks per year including one fixed core summer week plus 4 more floating weeks in the other seasons. Some owners rent their weeks out to help cover maintenance costs. Rental income rates for Deerview cottage range from $1,659/wk to $3,009/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 105 Deerview, Week 8 is the core week or fixed week for this unit. Check-in is on Saturdays at 4 p.m. ANNUAL maintenance fee PER OWNER for Deerview in 2024 is $4,454 + HST. Core week in 2024 starts Saturday, Aug 10th, 2023. Remaining weeks in 2024 for this unit are: January 27, May 4, September 21 and November 16. All cottages are PET-FREE and Smoke-free. HST is included in the purchase price of resale units. This is an amazing trouble-free way to enjoy cottage life in Muskoka. Everything is taken care of for you. All you need to do is enjoy being here and there is so much to do. Hidden Valley skiing, Arrowhead Park, Algonquin Park, world class golf, and fantastic facilities at Blue Water Acres. (id:39198)

Facts & Features

Building Type House, Detached

Year built 2008

Square Footage 562 sqft

Stories 1

Bedrooms 2

Bathrooms 1

Parking 1

NeighbourhoodFranklin

Land size 49.5 ac|25 - 50 acres

Heating type Baseboard heaters

Basement type

Parking Type Visitor Parking

Time on REALTOR.ca93 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: Chestnut Park Real Estate Ltd., Brokerage, Port Carling

Powered by: REALTOR.ca

Home price

$19,900

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$15 / month

Rent $122

Savings -$107

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$160 / month

Rent $155

Savings $4

Initial deposit 5%

Savings target Fixed at 5%

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