1052 RAT BAY Rd

Unit 118-3

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

Ask: $48,900 $42,500

Est. Mtg $144 /mo
  • Days on market

    273

  • Status

    New

Listing Broker Chestnut Park Real Estate Ltd., Brokerage, Port Carling
Since listed: 1 views

Home details

MLS #:

X10897914

Property type:
Other
Style:
Bungalow
Taxes:
$0
Possession:
Flexible
Locker:
None
View:
S
Maintenance:
$5,026
Management:
Blue Water Acres
SQFT:
900-999
Lot Front:
  Acres
Lot Depth:
  Acres
Basement:
None |
Driveway Pkg:
4
Heat:
Propane | Baseboard

Description


1052 RAT BAY Rd, 118-3, 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 resort has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is not a time share although some think it is similar. You do actually own 1/10 of the cottage. 118 Algonquin Cottage is a 2 bedroom cottage, has a great view of the lake and is very private. Ownership 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 for a total of 5 weeks per year. Facilities include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity centre, 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. Check-in for 118 Algonquin Cottage is on Fridays at 4 p.m. ANNUAL maintenance fee PER OWNER in 2025 for 118 Algonquin cottage is $5026 + HST. Core (fixed) Week 3 for this cottage starts on July 4, 2025. Weeks for 2025 will start on March 7, June 13, July 4 (Core Week), October 31 and December 26. Note that this unit will have March Break 2025 as one of their floating weeks. There is laundry in the Algonquin cottages. No HST on resales. All cottages are PET-FREE and Smoke-free. Ask for details about fractional ownerships and what the annual maintenance fee covers (it covers everything). You can deposit weeks you don't use in Interval International or rent them out to help cover the maintenance fees. Blue Water Acres will rent your weeks out for you and you keep 50% of the rental income or rent them out yourself and you keep 100% of the income..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-07 2025-03 $48,900 $42,500 New X10897914

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 - 118-3

Based on available 3rd party data

$5305

Approximate costs per month

Mortgage
$144 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:

  • Games Room
  • Gym
  • Party/Meeting Room
  • Tennis Court
  • Visitor Parking

Features:

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

Payment calculator

$5170 monthly. In association with: TD Bank
%
  • Principal and Interest
    144 /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

Ben Pourkamali, Realtor

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