1052 Rat Bay 102 Deerview Cottage Week 3 Road, Lake Of Bays (twp)

$42,827

2 Beds
1 Baths
565 Sqft
49½ Acres
0 Garages

Blue Water Acres has almost 50 acres of Muskoka paradise and 300 feet of south facing frontage on Lake of Bays and is offering NEW fractional ownership of one of many different Interval weeks in three different styles of detached four-season cottages. All cottages have a propane fireplace. This is NOT a time share, you would actually own a 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 and all of the new Interval (fractional) units are rented for the summer week in 2021. If you buy a unit now and want to use it for your core summer week this year there is a possibility that the renters would be willing to switch to another time or another cottage. Or you could collect the rental income yourself. Rental rates for Algonquin cottage range from $1,579/wk to $2,889/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 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 102 Deerview Week 3. Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview is $4,194 + HST. Core week 3 (presently rented out) starts July 9 in 2021 & remaining weeks in 2021 start on: May 21, October 8, and December 3. Purchase price includes HST. All cottages are PET-FREE and Smoke-free. (id:6289)

Essential Information
Listing #40086397
Price$42,827
Bedrooms2
Bathrooms1.00
Square Footage565
Acres49.50
TypeSingle Family
Sub-TypeTimeshare/Fractional
StyleBungalow
Community Information
SubdivisionFranklin
CityLake Of Bays (twp)
ProvinceOntario
Postal CodeP1H2J6
Address

1052 Rat Bay 102 Deerview Cottage Week 3 Road

Amenities
ParkingVisitor Parking
Is WaterfrontYes
WaterfrontWaterfront
Amenities

Beach, Exercise Centre, Party Room

Features

Beach, Shared Driveway, Country residential, No Pet Home

Interior
HeatingElectric Baseboard heaters
CoolingCentral air conditioning
# of Stories1
Appliances

Microwave, Refrigerator, Stove, Range - Gas, Window Coverings

Exterior
ExteriorWood
ConstructionWood frame
Office

CHESTNUT PARK REAL ESTATE LIMITED - BROKERAGE, HUNTSVILLE - M208

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