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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 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 1 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview in 2025 is $4,538 + HST. Core (fixed) week in 2025 starts on June 20/25. Floating weeks for 2025 start on: February 21, May 30, June 20 (core week), October 17 and December 12/2025. Maintenance fee is paid in the fall of each year for the following year but you only pay for the weeks that you have possession of the cottage. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free.Brokerage Remarks
all furnishings, fixtures and appliances as part of the fractional ownership
City: Lake of Bays
Neighborhood: Franklin
Purchase Price | $17000 |
Down Payment | $3400 |
Mortgage Insurance | $0 |
Total Mortgage | $13600 |
Mortgage Payment | $84 |
Property Taxes | $0 |
Maintenance Fees | $4538 |
Monthly Payment | $4622 |
Located at 1052 Rat Bay 102-1 Rd , this Lake of Bays condo is available for sale. This property was listed for $17,000 on Mon Mar 17 2025. This condo's size is 600-699 Sqft. It has 2 bedrooms and 1 bathroom. Monthly maintenance is $4,538 per month . Views are to the South from this property. Step outside onto the open balcony. The property's amenities include Club House, Exercise Room, Games Room, Indoor Pool, Sauna. The property includes the following rooms: Living, Dining, Kitchen, Primary, Br, Bathroom. This property comes with 2 parking spots. This property also comes with a locker. Heat, Hydro, Water are included with this property. 1052 Rat Bay 102-1 Rd, Lake of Bays is situated in the Franklin neighbourhood.
MLS#: X12022452 · $17,000 · 2 bedroom condo in Franklin, Lake of Bays