1052 Rat Bay Road Unit# 103-4 Lake Of Bays (Twp), Ontario P1H 2J6

$37,900

Blue Water Acres has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. 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 $1,579/wk to $2,859/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 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 103 Deerview, Week 4. Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview is $4,161 + HST. Core Week 4 starts on July 15th in 2022. Remaining weeks for 2022 are: Feb 25, Jun 3, Oct 21 and Dec 16, 2022. See supplemental material for future years check-in schedules. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. (id:41575)

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https://www.realtor.ca/real-estate/23296541/1052-rat-bay-road-unit-103-4-lake-of-bays-twp