109 days on market
$40,000
For Sale

1052 Rat Bay Rd, Unit #116-1

Franklin, Lake of Bays

2+null Bed|2 Bath|Yes|109 days on market

$40,000

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Home Details

Maintenance
$5026 / month
Total Parking Spots
4
Garage Spaces
NaN
Balcony
No
Furnished
No
Exposure
S
Move-in Date
flexible need 2 weeks
Building Age
16-30 Years
Locker
None
Hydro Included
Yes
Heat Included
Yes
Heating
Baseboard
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
Y
Air Conditioning
Wall Unit
Central Vaccum
No
Exterior
Wood
Zoning
Waterfront Resort Comm'l with exception
Property Type
Other
Style
Bungalow
Status
New
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Listing Description

Blue Water Acres FRACTIONAL ownership resort has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is NOT a time share because you do actually own 1/10 of the cottage and a share in the entire resort. Fractional ownership 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 for a total of 5 weeks per year. Facilities include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity centre, 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. Algonquin Cottage 116 is a 2 bedroom cottage with laundry and is located next to a beautiful woodlot on the west side of the resort with excellent privacy. There are no cottages in front of 116 Algonquin which means it has a lovely view and provides easy access to the beach and lake. The Muskoka Room in 116 Algonquin has an extra chair, making it stand out from other Algonquin cottages, and is fully insulated for year round comfort. Cottage 116 also has an extra Muskoka chair on the deck and a private BBQ. Check-in for Cottage 116 is on Sundays at 4 p.m. ANNUAL maintenance fee PER OWNER in 2025 for 116 Algonquin cottage is $5026 + HST payable in November for the following year. BUT the owners of Week 1 (this unit) have paid the fees for 2025 and are including them!! Core Week 1 starts on June 22, 2025. Remaining weeks for this fractional unit (Week 1) in 2025 start(ed) on Feb 23, June 1, October 19 & December 14, 2025 . No HST on resales. All cottages are PET-FREE and Smoke-free. Ask for details about fractional ownerships and what the annual maintenance fee covers. Deposit weeks you don't use in Interval International for travel around the world or rent your weeks out to help cover the maintenance fees.
Carbon Monoxide Detector, Furniture Microwave, Refrigerator, Smoke Detector, Stove, Hot Water Tank Owned, Window Coverings, washer, dryer, all furnishings and appliances as part of the fractional ownership (1/10th)

Property History

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Rooms

Room dimensions for 1052 Rat Bay Rd, Unit #116-1, Lake of Bays
Living
19 x 10190 sqft
Dining
11 x 14154 sqft
Kitchen
9 x 14126 sqft
Sunroom
14 x 18252 sqft
Primary
18 x 11198 sqft
Br
11 x 11121 sqft
Bathroom
11 x 11121 sqft
Bathroom
10 x 13130 sqft

Building Amenities

Games Room
Gym
Sauna
Tennis Court
Visitor Parking

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 1052 Rat Bay Rd116-1 is 5223

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Ammortization

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Total Mortgage


Purchase Price$40000
Down Payment$8000
Mortgage Insurance$0
Total Mortgage$32000

Monthly Payment


Mortgage Payment$197
Property Taxes$0
Maintenance Fees$5026
Monthly Payment$5223
$5223
monthly

About 1052 Rat Bay Rd, Unit #116-1, Lake of Bays

Located at 1052 Rat Bay Rd Unit #116-1, this Lake of Bays condo is available for sale. This property was listed for $40,000 on Mon Apr 28 2025. This condo's size is 900-999 Sqft. It has 2 bedrooms and 2 bathrooms. Monthly maintenance is $5,026 per month . Views are to the South from this property. Step outside onto the open balcony. The property's amenities include Games Room, Gym, Sauna, Tennis Court, Visitor Parking. The property includes the following rooms: Living, Dining, Kitchen, Sunroom, Primary, Br, Bathroom, Bathroom. This property comes with 4 parking spots. This property also comes with a locker. Heat, Hydro, Water are included with this property. 1052 Rat Bay Rd, Lake of Bays is situated in the Franklin neighbourhood.


MLS#: X12107211 · $40,000 · 2 bedroom condo in Franklin, Lake of Bays