$39,900
Available - For Sale
Listing ID: X12061479
1052 Rat Bay Road , Lake of Bays, P0A 1H0, Muskoka


Blue Water Acres FRACTIONAL ownership means that you share the cottage with 9 other owners but you will own yourself a 1/10th share of the cottage (your "Interval" week) and also a smaller share in the entire resort. This cottage is known as 111 Algonquin and it's a favourite at Blue Water Acres. It has 2 spacious bedrooms, and 2 bathrooms. The core summer week in 2025 will start on Aug 10/25. The cottage has a cozy propane fireplace and a screened-in Muskoka Room. You will have exclusive use of the cottage for 5 weeks of the year. The check-in day for Week 8 is Sunday. Weeks in 2025 start(ed) on Feb 2, May 11, August 10 (core/fixed week), Sept 28, Nov 23/25. The 4 floating weeks rotate each year so it's fair to all the owners. There are many amenities at Blue Water Acres: hot tub/sauna, all linens and towels supplied, kayaks, paddle boats, a beautiful sand beach, 300 ft of waterfront on Lake of Bays, indoor swimming pool, owners' gathering room with grand piano and large TV screen , games room with pool tables, ping pong table, shuffle board & foosball, fitness room, tennis/pickleball court, basketball courts, large children's playground & equipment. You can moor your own boat during your own boating season weeks. Winter tube slide, skating rink & fire pit. There is so much to do here! All cottages are pet-free and smoke-free. This is an affordable way to enjoy cottage life without the cost or hassles of full cottage ownership. Maintenance fees include everything and are paid in the fall for the following year. The ANNUAL fee for EACH of the owners in 111 Algonquin cottage for 2025 is $5,026 + HST. This fee can be paid in two installments, November and March. There is NO HST on the purchase price of the cottage. It's a unique way to own a part of Muskoka. Your weeks can be traded for weeks at other luxury resorts around the world. Some photos & floor plan shown are for a similar cottage but may not be identical to the subject cottage.
Price $39,900
Taxes: $0.00
Assessment Year: 2025
Occupancy: Owner
Address: 1052 Rat Bay Road , Lake of Bays, P0A 1H0, Muskoka
Postal Code: P0A 1H0
Province/State: Muskoka
Directions/Cross Streets: Hwy 60 and South Portage Rd
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 19.22 9.97
Room 2 Main Dining Ro 10.99 14.14
Room 3 Main Kitchen 8.66 14.14
Room 4 Main Sunroom 13.74 17.65
Room 5 Main Primary B 17.81 10.99
Room 6 Main Bedroom 10.66 10.99
Room 7 Main Bathroom 10.82 10.82
Room 8 Main Bathroom 9.97 12.66
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 16-30
Sprinklers: Carb
Washrooms: 2
Heat Type: Baseboard
Elevator Lift: False
Schools

5 public & 3 Catholic schools serve this home. Of these, 3 have catchments. There is 1 private school nearby.

Parks & Rec

5 trails, 3 pools and 4 other facilities are found in major parks near this home.

$
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$ /Year
$ /Year
$ /Year
Years
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Percent Down:
Down Payment $1,995 $3,990 $5,985 $7,980
First Mortgage $37,905 $35,910 $33,915 $31,920
CMHC/GE $1,516.2 $1,113.21 $949.62 $0
Total Financing $39,421.2 $37,023.21 $34,864.62 $31,920
Monthly P&I $194.54 $182.7 $172.05 $157.52
Expenses $0 $0 $0 $0
Total Payment $194.54 $182.7 $172.05 $157.52
Income Required $7,295.12 $6,851.36 $6,451.9 $5,906.98

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$98.45
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Chestnut Park Real Estate
Personal Picture
Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
 
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At a Glance:
Type: Com - Other
Area: Muskoka
Municipality: Lake of Bays
Neighbourhood: Franklin
Style: Bungalow
Lot Size: x 0.00()
Approximate Age: 16-30
Tax: $0
Maintenance Fee: $5,026
Beds: 2
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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