Property Details

1052 RAT BAY 132 ALGONQUIN FRACTIONAL COTTAGE WEEK 1 Road, Lake Of Bays (twp), Ontario, P1H2J6

1052 RAT BAY 132 ALGONQUIN FRACTIONAL COTTAGE WEEK 1 Road, Lake Of Bays (twp), Ontario, P1H2J6 (ID 40083992)
Representative
Sandy Tyers portrait
Sandy Tyers

Chestnut Park Real Estate Limited - Brokerage - Huntsville
Cell: 705-788-4492
Tel: 704-788-4492

$62,037 - For sale

ID#:40083992

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 $1,859/wk to $3,169/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 132 Algonquin Week 1. Check-in is on Sundays at 4 p.m. ANNUAL maintenance fee for Algonquin is $4,593 + HST. Core week 1 started on June 27th in 2021 and remaining weeks in 2021 start on September 26, and November 21. There is a laundry in the Algonquin cottage. Purchase price includes HST. All cottages are PET-FREE and Smoke-free. (id:2471)

Location DescriptionFrom Huntsville east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres

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Property Details
  • Property Address:1052 RAT BAY 132 ALGONQUIN FRACTIONAL COTTAGE WEEK 1 Road, Lake Of Bays (twp), Ontario, P1H2J6
  • Property Type:Single Family
  • Title:Timeshare/Fractional
  • Lot Size:49.5
  • Acreage:49.5 ac|25 - 50 acres
  • Water Type:Lake/River Water Intake
  • Access:Road access
  • Driveway:Visitor Parking
  • Waterfront Type:Waterfront
  • Waterfront:Lake of Bays
Structure Details for 1052 RAT BAY 132 ALGONQUIN FRACTIONAL COTTAGE WEEK 1 Road, Lake Of Bays (twp), Ontario, P1H2J6
  • Structure Style:House
  • Bedrooms:2
  • Bathrooms:2
  • Floor Space:938.3300
  • Heating Type:Electric, Baseboard heaters
  • Style:Detached
  • Architecture Style:Bungalow
  • Storeys:1
  • Basement Type:None
  • Cooling Type:Central air conditioning
  • Appliances Included:Microwave, Refrigerator, Stove, Range - Gas, Window Coverings
  • Exterior Type:Wood
Amenities for 1052 RAT BAY 132 ALGONQUIN FRACTIONAL COTTAGE WEEK 1 Road, Lake Of Bays (twp), Ontario, P1H2J6 Beach, Shared Driveway, Country residential, No Pet Home
  • Amenities Nearby:Beach
Rooms
Type Level Dimensions
4pc BathroomMain level5'11'' x 9'8''
3pc BathroomMain level6'6'' x 6'10''
BedroomMain level10'0'' x 10'2''
Primary BedroomMain level11'0'' x 13'4''
SunroomMain level10'10'' x 11'4''
KitchenMain level10'7'' x 8'0''
Dining roomMain level8'2'' x 11'0''
Living roomMain level18'5'' x 13'8''
Representative
Sandy Tyers portrait
Sandy Tyers
ABR® SRES SRS- Broker
Chestnut Park Real Estate Limited - Brokerage - Huntsville
Cell: 705-788-4492
Tel: 704-788-4492
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Listing Office: CHESTNUT PARK REAL ESTATE LIMITED - BROKERAGE, HUNTSVILLE - M208

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1052 RAT BAY 132 ALGONQUIN FRACTIONAL COTTAGE WEEK 1 Road, Lake Of Bays (twp), Ontario, P1H2J6

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