1052 RAT BAY Rd #118-3, Lake of Bays Franklin
$42,500

1052 RAT BAY Rd #118-3, Lake of Bays Franklin

Other
Property type
2
Bedrooms
2
Bathrooms
Franklin
Community name

Property details

Status
Active
Square feet
900
Building type
Bungalow
Stories
0
Maintenance cost
$5,026
Roof
Shingles
A/C
Wall Unit
Fireplace
1
Heating
Baseboard
Foundation
Block
View
Unknown
Construction
Wood
Parking spaces
4
Age
16
Updated on
2025-02-03, 3:04 p.m.
MLS® number
X10897914

Description

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.

Client Ambassador - Basma Ishaq

Here for your questions

Client Ambassador • Carolina Penuela
or call us at (315) 636-6522

Listed by: Chestnut Park Real Estate Ltd., Brokerage, Port Carling

Note: All the listing related information herein is deemed reliable but not guaranteed accurate by TRREB®, CREB® or MLS®. It is from sources deemed reliable, but should not be relied upon without independent verification.