1052 Rat Bay (106 Algonquin, Week 7) Road (40125305)

Lake of Bays (Twp)

$76,500

Blue Water Acres cottage resort has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. 106 Algonquin Cottage has a propane fireplace and laundry facilities and is close to the pool area and games room. Fractional ownership entitles you to 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 Interval that you buy for your core summer week plus 4 more floating weeks each year in the other seasons. Some owners rent some of their weeks out to help cover maintenance costs (which include property taxes, cleaning, insurance, utilities, repairs etc...) Rental rates for Algonquin cottage range from $1,859/wk to $3,169/wk depending on the season. If you use the Blue Water Acres rental program to rent it out, 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 106 Algonquin Week 7. Check-in is on Sundays at 4 p.m. ANNUAL maintenance fee for 106 Algonquin is $4,593 + HST. Core week starts August 8th in 2021. Remaining weeks are Nov 7, 2021 and January 2, 2022. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. (id:32694)

Key Features
  • Single Family
  • 2 Bedrooms
  • 2 Bathrooms

Details

Property Utilities
Address: 1052 Rat Bay (106 Algonquin, Week 7) Road Cooling: Yes
Lake of Bays (Twp), Ontario Heating: Baseboard heaters,
MLS® Number: 40125305 Heat Type: ,Electric
Garage: No Sewer: N/A
Rooms
4pc Bathroom5'11'' x 10'0''
3pc Bathroom6'7'' x 6'7''
Bedroom11'0'' x 10'1''
Primary Bedroom11'0'' x 13'7''
Kitchen10'6'' x 8'1''
Dining room10'6'' x 11'0''
Living room10'0'' x 13'9''
Listing Office: CHESTNUT PARK REAL ESTATE LIMITED, BROKERAGE, HUNTSVILLE - M423   |   Data provided by: Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®   |   Last Modified: 22/07/2021 09:57:32 AM   |   POWERED BY SOLDPRESS

Contact

BRACEBRIDGE

Toll Free (855) 646-5592
Phone (705) 646-5592

GRAVENHURST

Toll Free (855) 687-5656
Phone (705) 687-5656

HUNTSVILLE

Toll Free (855) 646-5592
Phone (705) 704-9446

TORONTO

Toll Free (855) 646-5592
Phone (416) 232-1661

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