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BEHZAD Rahdari

Broker
Re/Max Realtron Realty Inc., Brokerage Independently owned and operated. 183 Willowdale Ave, Toronto, Ontario M2N4Y9 Cell: 416-301-7556Office: 416-222-8600Fax: 416-222-1237

$25,000
Available - For Sale
Listing ID: X9039007
1052 Rat Bay Rd , Unit 102-2, Lake of Bays, P1H 2J6, Ontario


Blue Water Acres has almost 50 acres of Muskoka paradise and 30 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 for five weeks per year: one core summer week, plus 4 more floating weeks in the other seasons. Some owners rent their weeks out to help cover maintenance costs. Rental rates for Deerview cottage range from $1,659/wk to $3,009/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 102 Deerview, Week 2 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview is $4,161 + HST2022There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. It's a unique way to own a share of Muskoka. Your weeks can also be traded for weeks at other luxury resorts around the world.
Price $25,000
Taxes: $175.00
DOM 120
Occupancy by: Tenant
Address: 1052 Rat Bay Rd , Unit 102-2, Lake of Bays, P1H 2J6, Ontario
Apt/Unit: 102-2
Lot Size: 300.00 x 150.00 (Feet)
Acreage: 25-49.99
Directions/Cross Streets: Rat Bay Rd & South Portage
Rooms: 7
Bedrooms: 2
Bedrooms +:
Kitchens: 1
Family Room: N
Basement: None
Property Type: Cottage
Style: Bungalow
Exterior: Wood
Garage Type: None
(Parking/)Drive: Front Yard
Drive Parking Spaces: 2
Pool: Indoor
Fireplace/Stove: Y
Heat Source: Electric
Heat Type: Baseboard
Central Air Conditioning: Wall Unit
Sewers: Septic
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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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.
RE/MAX REALTRON REALTY INC.
Personal Picture
BEHZAD Rahdari
Broker
Dir:
416-301-7556
Bus:
416-222-8600
Fax:
416-222-1237
 
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At a Glance:
Type: Freehold - Cottage
Area: Muskoka
Municipality: Lake of Bays
Neighbourhood:
Style: Bungalow
Lot Size: 300.00 x 150.00(Feet)
Approximate Age:
Tax: $175
Maintenance Fee: $0
Beds: 2
Baths: 1
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: Indoor
Locatin Map:
Payment Calculator:
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