1052 Rat Bay Rd 109-7 Rd

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

$49,900

Est. Mtg $169 /mo
  • Days on market

    722

  • Status

    New

Listing Broker Chestnut Park Real Estate
Since listed: 0 views

Home details

MLS #:

X12017497

Property type:
Other
Style:
Bungalow
Taxes:
$0
Possession:
flexible
Locker:
None
View:
S
Maintenance:
$5,026
Management:
Blue Water Acres
SQFT:
900-999

Description


1052 Rat Bay Rd 109-7 Rd, , Lake of Bays, Ontario is a Other property in Lake of Bays and in the Franklin community in the P1H 2J6 postal code


Blue Water Acres FRACTIONAL ownership means that you own 1/10th of the cottage and a share in the entire resort. The resort has about 50 acres and 300 ft of south-facing shoreline frontage on Lake of Bays, the second largest lake in Muskoka. This is not a time share although some think it is similar. You would have use of the cottage for 5 weeks of the year. Algonquin cottage 109 has enough parking for 5 cars. There is one core (fixed) week in summer (in this case it's Week 7) plus 4 more weeks that change each year. For this interval the weeks for 2025 are/were: January 24, May 2, September 19 and November 14/2025. The core (fixed) week for this unit starts on Friday, August 1/25. Turnover day is Friday for this cottage. Core week 7 always includes the August long weekend so it's a desirable week. The Algonquin cottage has 2 bedrooms, 2 bathrooms, is about 922 square feet, and has a main floor laundry. The resort itself offers walking trails, a beautiful sandy beach, indoor swimming pool, sauna, recreation room, fitness room, and activity centre. Great swimming, ideal for families of all ages, level to gently sloping land makes it easy to access the waterfront. There is NO HST on resales. All cottages are smoke/vape-free and pet-free. Interior photos for this listing are of a similar cottage, all furnishings are identical. The annual maintenance fee for this unit in 2025 is $5,026 + HST and it's paid in the autumn of each year for the following year for EACH owner. This is an affordable way to enjoy cottaging in Muskoka on one of our nicest lakes..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2023-04 2025-03 $49,900 $49,900 New X12017497

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 Rd 109-7 Rd -

Based on available 3rd party data

$5330

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
$5026 p/m

Amenities:

  • Indoor Pool
  • Tennis Court
  • Communal Waterfront Area
  • Shared Beach

Features:

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

Payment calculator

$5195 monthly. In association with: TD Bank
%
  • Principal and Interest
    169 /mo
  • Property Taxes
    $0 /mo
  • Yearly Condo Fees
    $5026

* 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

Mike Zamani, Realtor

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