2 beds · 2 baths · 922 sqft
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. 116 Algonquin Cottage is a 2 bedroom cottage and is located next to a beautiful woodlot on the west side with lots of privacy. There are no cottages in front of 116 Algonquin which means it has a lovely view and provides easy access to the beach and lake. The Muskoka Room in 116 Algonquin is fully insulated for year round comfort. 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 is on Sundays at 4 p.m. ANNUAL maintenance fee PER OWNER in 2024 for 116 Algonquin cottage is $4939 + HST. Core week 2 for this cottage starts on June 30, 2024 and the other weeks in 2024 start on Feb 25, June 2, October 20, December 15/24 . There is laundry in the Algonquin cottage. 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. Deposit weeks you don't use in Interval International or rent them out to help cover the maintenance fees. (id:39198)
Building Type House, Detached
Year built
Square Footage 922 sqft
Stories 1
Bedrooms 2
Bathrooms 2
Parking 4
NeighbourhoodFranklin
Land size 49.5 ac|25 - 50 acres
Heating type Baseboard heaters
Basement type
Parking Type Visitor Parking
Time on REALTOR.ca111 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
Home price
$51,000
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.
$321 / month
Rent $378
Savings -$57
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$409 / month
Rent $398
Savings $11
Initial deposit 5%
Savings target Fixed at 5%