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1052 Rat Bay 106 Algonquin Cottage Week 2 Road Lake Of Bays (Twp), Ontario P1H 2J6

2 Bedroom 2 Bathroom 921900
Bungalow Central Air Conditioning Baseboard Heaters Waterfront Acreage

$82,377

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 2. Check-in is on Sundays at 4 p.m. ANNUAL maintenance fee for Algonquin is $4,593 + HST. Core week 2 (presently rented out) starts July 4 in 2021 & remaining weeks in 2021 start on: May 16, October 3, and November 28. There is a laundry in the Algonquin cottage. Purchase price includes HST. All cottages are PET-FREE and Smoke-free (id:3334)

Property Details

MLS® Number 40083614
Property Type Single Family
Amenities Near By Beach
Features Beach, Shared Driveway, Country Residential, No Pet Home
Water Front Name Lake Of Bays
Water Front Type Waterfront

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Total 2
Age New Building
Amenities Exercise Centre, Party Room
Appliances Microwave, Refrigerator, Stove, Range - Gas, Window Coverings
Architectural Style Bungalow
Basement Type None
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Wood
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 1
Size Interior 921900
Type House
Utility Water Lake/river Water Intake

Parking

Visitor Parking

Land

Access Type Road Access
Acreage Yes
Land Amenities Beach
Size Irregular 49.5
Size Total 49.5 Ac|25 - 50 Acres
Size Total Text 49.5 Ac|25 - 50 Acres
Surface Water Lake
Zoning Description Waterfront Resort Commercial With An Exception

Rooms

Level Type Dimensions
Main Level 4pc Bathroom 10'0'' x 5'92''
Main Level 3pc Bathroom 6'58'' x 6'58''
Main Level Bedroom 10'8'' x 11'0''
Main Level Primary Bedroom 13'58'' x 11'0''
Main Level Sunroom 11'33'' x 10'92''
Main Level Kitchen 8'8'' x 10'50''
Main Level Dining Room 11'0'' x 10'50''
Main Level Living Room 13'75'' x 10'0''

https://www.realtor.ca/real-estate/22960746/1052-rat-bay-106-algonquin-cottage-week-2-road-lake-of-bays-twp

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