1052 RAT BAY Rd

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

Ask: $61,950 $49,900

Est. Mtg $169 /mo
  • Days on market

    367

  • Status

    New

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

Home details

MLS #:

X10898413

Property type:
Detached
Style:
Bungalow
Taxes:
$0
Possession:
Flexible
Lot Front:
  Acres
Lot Depth:
  Acres
Basement:
None |
Driveway Pkg:
4
Heat:
Propane | Baseboard

Description


1052 RAT BAY Rd, 108-8, 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 FRACTIONAL ownership means that you share the cottage with 9 other owner's you will own a 1/10th share of the cottage (your "Interval" week) and a smaller share in the entire resort. It's NOT A TIMESHARE. This cottage is known as 108 Algonquin and it's one of three cottages OFFERING THE BEST BEACH/LAKE VIEW at Blue Water Acres; it has private and guest parking, hi-speed internet, good cell service, 2 spacious bedrooms, 2 bathrooms, washer & dryer, cozy propane fireplace in living area, large dining area with full equipped kitchen and large screened in Muskoka Room. You will have exclusive use of your cottage for 5 weeks of the year. Check-in day for 108 Algonquin is Saturday and the Core Week (Week 8) in 2024 starts on August 10. The four other floating weeks rotate each year so it's fair to all the owners. Remaining weeks for 2024: January 27, May 4, September 21, November 16/24. Included for your enjoyment; beach chairs, kayaks, paddle boats, a 300' sand beach, tennis and badminton courts, playground, indoor swimming pool with change room & sauna, gathering room with grand piano, games room with pool tables, fitness room, tubing hill, skating, walking & snowshoe trails and more. You can even moor your own boat at Blue Water Acres for your weeks during boating season. All the cottages are pet-free & smoke-free. This is an affordable way to enjoy cottage life without the cost or work of full cottage ownership. Annual Maintenance fees INCLUDE EVERYTHING and are paid November for the following year. The ANNUAL maintenance fee for each owner in 108 Algonquin cottage in 2024 is $4,939+HST. There is NO HST on the purchase price. It's a unique way to own a share of Muskoka on Muskoka's second largest lake. Your weeks can also be traded for weeks at other luxury resorts around the world through Interval International. Or you can rent your weeks out either through Blue Water Acres or on your own. *Interior images shown are similar to cottage interior..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2023-11 2024-11 $61,950 $49,900 New X10898413

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

$304

Approximate costs per month

Mortgage
$169 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:

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

Payment calculator

$169 monthly. In association with: TD Bank
%
  • Principal and Interest
    169 /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

Daniella Silvestri, Realtor

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