1052 Rat Bay Rd

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

$32,000

Est. Mtg $108 /mo
  • Days on market

    77

  • Status

    New

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

Home details

MLS #:

X9039022

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

Description


1052 Rat Bay Rd, 103-4, 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 ofBays. 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 Interval that you buy for one core summer week plus 4 more floating weeks each year in the other seasons. Some owners rent their weeks out to help cover maintenance costs. There is a high demand for rentals this year, Rental rates for Deerview cottage range from $1579/wk to $2859/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 poo lwhirlpool 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 4.Check-in is on Fridays at 4p.m.ANNUAL maintenance fee for Deerview is $4161+HST. There is no HST on the purchase price. 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 $32,000 $32,000 New X9039022
2023-08 2024-05 $35,900 $35,900 Exp X6761368

Comparables

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sold Date Address List Price sold Price DOM
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
2024-08 1185 Bowling Green Drive, $629,000 $629,000 8
2024-08 337 Deer Run Rd, $849,900 $800,000 29
2024-08 1087 Krings Lane, $499,900 $485,000 22
2024-08 219 Monarch Lane, $759,900 $799,000 81
2024-07 625 Weslemkoon Lake, $499,000 $460,000 40
2024-07 11170 Churchill Ave, $299,900 $300,000 6
2024-07 11 Porcupine Island, $429,000 $415,000 76
2024-07 18507 Highway 41, $439,900 $400,000 22
2024-06 16 G Macdonald Cres, $299,900 $280,000 7
2024-06 1020 Morning Mist Rd, $949,000 $905,000 25

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

$258

Approximate costs per month

Mortgage
$108 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

$123 monthly. In association with: TD Bank
%
  • Principal and Interest
    108 /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

Gerry Crokidas, Realtor

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