1052 RAT BAY Rd 118-3
Franklin, Lake of Bays, P1H 2J6
FOR SALE
$42,500
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
2
BEDROOMS2
BATHROOMS1
KITCHENS8
ROOMSX10897914
MLSIDContact Us
Property 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 although some think it is similar. You do actually own 1/10 of the cottage. 118 Algonquin Cottage is a 2 bedroom cottage, has a great view of the lake and is very private. Ownership 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 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. Check-in for 118 Algonquin Cottage is on Fridays at 4 p.m. ANNUAL maintenance fee PER OWNER in 2024 for 118 Algonquin cottage is $4939 + HST. Core (fixed) Week 3 for this cottage started on July 5, 2024 and weeks in 2024 started March 1 June 7, remaining weeks will be October 25 and December 20/2024 . Weeks for 2025 will start on March 7, June 13, July 4 (Core Week), October 31 and December 26. Note that this unit will have Christmas/2024 and March Break 2025 as two of their floating weeks. There is laundry in the Algonquin cottages. 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 (it covers everything). You can deposit weeks you don't use in Interval International or rent them out to help cover the maintenance fees. Blue Water Acres will rent your weeks out for you and you keep 50% of the rental income or rent them out yourself and you keep 100% of the income.
Call
Call
Property Details
Street
Community
City
Property Type
Other, Bungalow
Acreage
25-49.99
Fronting
South
Basement
None
Exterior
Wood
Heat Type
Baseboard
Heat Source
Propane
Air Conditioning
Wall Unit
Pool
Indoor
Parking Spaces
4
Driveway
Mutual
Garage Type
Visitor
Call
Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.97' x 19.23' | |
| Dining | Main | 14.14' x 10.99' | |
| Kitchen | Main | 14.14' x 8.66' | |
| Sunroom | Main | 17.65' x 13.75' | |
| Prim Bdrm | Main | 10.99' x 17.81' | |
| Br | Main | 10.99' x 10.66' | |
| Bathroom | Main | 10.83' x 10.83' | |
| Bathroom | Main | 12.66' x 9.97' |
Call
Listing contracted with Chestnut Park Real Estate Ltd., Brokerage, Port Carling
Similar Listings
Blue Water Acres FRACTIONAL ownership means that you will own a 1/10th share of the cottage (your "Interval" week) and also a smaller share in the entire resort. Some think it is like a time share but there is actual ownership of property with fractionals. This cottage is known as 110 Algonquin and it's a favourite at Blue Water Acres. It has 2 spacious bedrooms, 2 bathrooms, a wonderful view of the waterfront, and is quite private because there is a decline in front of the cottage going down to the lower road. The cottage has a cozy propane fireplace and a screened-in Muskoka Room. You will have exclusive use of the cottage for 5 weeks of the year. The check-in day for this unit is Saturday. The Core Week (Week 9) starts on August 16 in 2025. The remaining weeks for 2025 start on Feb 8, May 17, October 4 and November 29, 2025. Note that the February/25 week is not available, it has been deposited into Interval International. Closing should be after that week. The weeks rotate each year so it's fair to all the owners. There are many amenities at Blue Water Acres for your enjoyment: kayaks, paddle boats, a beautiful sand beach, indoor swimming pool, gathering room with grand piano, games room with pool table, fitness room and more. You can even moor your own boat at Blue Water Acres during your interval's boating season weeks. All the cottages are PET-FREE and smoke-free. This is an affordable way to enjoy cottage life without the cost or hassles of full cottage ownership. Maintenance fees include everything (ie. taxes, hydro, etc) and are paid in the autumn for the following year. The ANNUAL fee for 110 Algonquin cottage for EACH of the ten owners in 2025 is $5,026 + HST. There is NO HST on the purchase price of the cottage. 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 through Interval International. Note that interior photos are of a similar but almost identical unit.
Call
Call