Waterfront
Address
1052 RAT BAY 106 ALGONQUIN FRACTIONAL COTTAGE WEEK 6 Road Lake of Bays, ON
Price
$ 88,027
Property Attributes
  • MLS#40083636
  • TypeSingle Family
  • CityLake of Bays
  • Postal CodeP1H 2J6
  • StyleDetached
  • Price$ 88,027
  • Bedrooms2
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage921
Listing Provided Courtesy Of:
Data Source:
Property Description

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 106 Algonquin Week 6. Check-in is on Sundays at 4 p.m. ANNUAL maintenance fee for Algonquin is $4,593 + HST. Core week 6 (presently rented out) starts August 1 in 2021 & remaining weeks in 2021 start on: June 13, October 31, and December 26. There is a laundry in the Algonquin cottage. Purchase price includes HST. All cottages are PET-FREE and Smoke-free. (id:27)

Price History
4/20/2021 Listed $88,027

General Features

Amenities Exercise Centre, Party Room
Appliances Microwave, Refrigerator, Stove, Range - Gas, Window Coverings
Architectural Style Bungalow
Beds 2
Building Type House
Construction Material Wood frame
Construction Style Detached
Features Beach, Shared Driveway, Country residential, No Pet Home
Garage no
Listing Type House
Location Description From Huntsville east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres
More Information Link https://www.realtor.ca/real-estate/22965711/1052-rat-bay-106-algonquin-fractional-cottage-week-6-road-lake-of-bays-twp
Parking no
Property Type Single Family
Terms SALE
Water Body Name Lake of Bays
Wheel Chair Access no
Zoning Waterfront Resort Commercial with an exception

Interior Features

Basement Type None
Bedrooms 2
Bedrooms Above 2
Cooling Type Wall unit
Fireplace no
Heating Fuel Electric
Heating Type Baseboard heaters
Total Baths 2

Exterior Features

Exterior Finish Wood
Parking Type Visitor parking
Pool Y/N no
Surface Water Lake
Waterfront Type Waterfront

Room Details

Room Dimensions Level Flooring Details
Bathroom 5'11'' x 10'0'' Main Level
Bathroom 6'7'' x 6'7'' Main Level
Bedroom 11'0'' x 10'1'' Main Level
Dining 10'6'' x 11'0'' Main Level
Kitchen 10'6'' x 8'1'' Main Level
Living 10'0'' x 13'9'' Main Level
Master Bedroom 11'0'' x 13'7'' Main Level
Sun Room 10'11'' x 11'4'' Main Level

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in P1H 2J6

Price
AVG $320K
$90K
Visits
AVG 186
226

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