#103-4 - 1052 Rat Bay Road , Lake of Bays, ON P1H 2J6
Lake of Bays, ON P1H 2J6
Description
Blue Water Acres has almost 50 acres of Muskoka paradise and 30 feet of south-facing frontage on Lake ofBays. This is FRACTIONAL ownership. It is NOT a timeshare. You would actually own a 1/10th 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, Rental rates for Deerview cottage range from $1579/wk to $2859/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 an indoor swimming poo lwhirlpool 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 103 Deerview, Week 4.Check-in is on Fridays at 4p.m.ANNUAL maintenance fee for Deerview is $4161+HST. There is no HST on the purchase price. Your weeks can also be traded for weeks at other luxury resorts around the world.
Details
| MLS# | X9039022 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 187 |
| Listing Provided By | RE/MAX REALTRON REALTY INC. | Not Provided |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Muskoka |
| City | Lake of Bays |
| Zip Code | P1H 2J6 |
| Listing VS Median (in P1H 2J6) | |
Price: $32,000 low | high Med: $49,900 On Site: 187 low | high Med: 508.500000 | |