1052 Rat Bay Rd

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

$25,000

Est. Mtg $84 /mo
  • Days on market

    132

  • Status

    New

Listing Broker RE/MAX REALTRON REALTY INC.
Since listed: 2 views

Home details

MLS #:

X9039007

Property type:
Cottage
Style:
Bungalow
Taxes:
$175
Possession:
Lot Front:
300.0   Feet
Lot Depth:
150.0   Feet
Basement:
None |
Driveway Pkg:
2
Heat:
Electric | Baseboard

Description


1052 Rat Bay Rd, 102-2, Lake of Bays, Ontario is a Cottage property in Lake of Bays and in the community in the P1H 2J6 postal code


Blue Water Acres has almost 50 acres of Muskoka paradise and 30 feet of south-facing frontage on Lake of Bays.This is FRACTIONAL ownership. It is NOT a timeshare. You would actually own a 1/10th share of the cottage that you buy which includes a share in the entire complex. This gives you the right to use the cottage for five weeks per year: one core summer week, plus 4 more floating weeks in the other seasons. Some owners rent their weeks out to help cover maintenance costs. Rental 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 102 Deerview, Week 2 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview is $4,161 + HST2022There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. It's a unique way to own a share of Muskoka. Your weeks can also be traded for weeks at other luxury resorts around the world..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-07 2024-07 $25,000 $25,000 New X9039007
2023-08 2024-05 $32,900 $32,900 Exp X6761380

Comparables

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sold Date Address List Price sold Price DOM
2024-11 1072 MENOMINEE LAKE Rd S, $649,000 $627,000 77
2024-11 511 Glanmire Lake Lane, $599,900 $570,000 111
2024-11 1055A Villalta Lane, $459,000 $425,000 73
2024-10 1025 Packers Bay Rd, 5 $2,199,900 $2,175,000 40
2024-10 25522 A St. Anthony Lake Rd, $179,900 $135,000 36
2024-10 35 Stephen Rd, 8 $2,199,000 $2,105,000 94
2024-10 81 East Bay Rd, $329,900 $315,000 11
2024-10 89B Rush Lane, $249,900 $210,000 5
2024-09 2 Little Ninette Island, $629,000 $615,000 135
2024-09 1293 Alf's Bay Lane, $349,900 $335,000 51
2024-09 192 Golden Shores Rd, $549,000 $535,000 53
2024-09 202 Macbeth Island, $499,900 $525,000 21
2024-09 1093 Choke Cherry Lane, $429,900 $418,000 46
2024-09 79 Tundra Lane, $789,000 $745,000 91
2024-08 611 Silver Bay Rd, $329,900 $305,000 35

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 Rd

Based on available 3rd party data

$234

Approximate costs per month

Mortgage
$84 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$14 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX REALTRON REALTY INC.
Data Source: TRREB

Payment calculator

$99 monthly. In association with: TD Bank
%
  • Principal and Interest
    84 /mo
  • Property Taxes
    $14 /mo
  • Yearly Condo Fees
    $0

* 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

Amadore Zhao, Realtor

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