1052 Rat Bay 105-8 Rd

Lake of Bays | Franklin | P1H 2J6
  • 2
  • 1
  • 0

$19,900

Est. Mtg $67 /mo
  • Days on market

    1052

  • Status

    New

Listing Broker Chestnut Park Real Estate
Since listed: 0 views

Home details

MLS #:

X12019460

Property type:
Other
Style:
Bungalow
Taxes:
$0
Possession:
Flexible
Locker:
None
View:
S
Maintenance:
$4,538
Management:
Blue Water Acres
SQFT:
600-699

Description


1052 Rat Bay 105-8 Rd, , Lake of Bays, Ontario is a Other property in Lake of Bays and in the Franklin community in the P1H 2J6 postal code


Fractional Ownership is an affordable way to own property in Muskoka. Fractional ownership means that you would own 1/10th of the cottage plus a share of the entire resort. This is not a time share although some think it is similar but in fractional ownership you have an actual legal interest in the property itself. Owning a 1/10th share gives you five weeks a year to use the cottage. One of the weeks is the core week/fixed week. For this fractional in Deerview cottage the core/fixed week is Week 8. In 2025 that week starts on Saturday, August 9/25. The remaining 4 weeks in 2025 start/started on February 1, May 10, September 27 and November 22/25. These weeks change every year and include weeks other than the core summer weeks. Turnover day is on Saturday. All cottages are pet-free and smoke/vape free. You can rent out your fractional weeks or deposit them into Interval International which would allow you to trade weeks for other resorts all over the world. It's an exceptional opportunity to travel and also to enjoy ownership in Muskoka. Maintenance fees are paid by each owner in the autumn for the following year. The fees for this cottage for 2025 are $4,538 + HST. Note that there is NO HST on the purchase price. Blue Water Acres offers lots of amenities including an indoor swimming pool, beautiful sand beach with 300 ft frontage on Lake of Bays, whirlpool, sauna, games room, fitness room, tennis court, playground, walking trails and more..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2022-05 2025-03 $19,900 $19,900 New X12019460

Comparables

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sold Date Address List Price sold Price DOM
2025-03 1052 RAT BAY Rd, 110-9 $42,500 $34,000 103
2012-05 1511 OLD HIGHWAY 117, $898,000 $775,000 47
2009-09 1052 RAT BAY Rd, $58,900 $55,000 44
2007-08 1030 SPRING LAKE Rd, $139,000 $144,000 14
2007-05 1062 LAKE OF BAYS Lane, $499,000 $499,000 21

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Lake of Bays :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 1052 Rat Bay 105-8 Rd -

Based on available 3rd party data

$4740

Approximate costs per month

Mortgage
$67 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$0 p/m
Maintenance
$4538 p/m

Amenities:

  • Exercise Room
  • Games Room
  • Indoor Pool
  • Sauna
  • Club House

Features:

  • Beach
  • Lake/Pond
  • Waterfront
  • Wooded/Treed
Listing Broker Chestnut Park Real Estate
Data Source: TRREB

Payment calculator

$4605 monthly. In association with: TD Bank
%
  • Principal and Interest
    67 /mo
  • Property Taxes
    $0 /mo
  • Yearly Condo Fees
    $4538

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Darshan Kakar, Realtor

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