1052 RAT BAY Rd

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

Ask: $35,900 $28,000

Est. Mtg $94 /mo
  • Days on market

    920

  • Status

    New

Listing Broker Chestnut Park Real Estate Ltd., Brokerage, Port Carling
Since listed: 0 views

Home details

MLS #:

X10900088

Property type:
Detached
Style:
Bungalow
Taxes:
$0
Possession:
Flexible
Lot Front:
300.0   Acres
Lot Depth:
  Acres
Basement:
None |
Driveway Pkg:
1
Heat:
Propane | Baseboard

Description


1052 RAT BAY Rd, 103-2, Lake of Bays, Ontario is a Detached property in Lake of Bays and in the Franklin community in the P1H 2J6 postal code


Blue Water Acres has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is FRACTIONAL ownership. It is NOT a timeshare although some think it is similar. 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 Interval that you buy 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 103 Deerview, Week 2. Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee PER OWNER for 2023 for Deerview is $4,454 + HST. Core (fixed)Week 2 in 2024 will start on Friday, June 28. Remaining week for 2023: December 8,2023. Weeks in 2024 start on Feb 23, May 31, June 28 (fixed week) Oct 18, Dec 13. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. Interior photos are of a similar unit but not the exact unit. All furnishings are identical. 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..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2022-05 2024-11 $35,900 $28,000 New X10900088

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Lake of Bays :

Properties sold
Average sale price
New Listings
Year on Year Growth

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

$229

Approximate costs per month

Mortgage
$94 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$0 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker Chestnut Park Real Estate Ltd., Brokerage, Port Carling
Data Source: TRREB

Payment calculator

$94 monthly. In association with: TD Bank
%
  • Principal and Interest
    94 /mo
  • Property Taxes
    $0 /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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