Address
1052 RAT BAY 103 DEERVIEW COTTAGE WEEK 5 Road Lake of Bays, ON
Price
$ 48,477
Property Attributes
  • ML#40080256
  • TypeSingle Family
  • CityLake of Bays
  • Postal CodeP1H 2J6
  • StyleDetached
  • Price$ 48,477
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage561
Listing Provided Courtesy Of:
Susan Brown with Chestnut Park Real Estate Limited - Brokerage, Huntsville - M208
Data Source:
RLP - CREA EN
Property Description

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. 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 Inteval 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 units are rented for the summer week this year. 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 for the summer week. Rental rates for Deerview cottage range from $1579/wk to $2859/wk depending on the season. If your unit is in the rental program with Blue Water Acres the revenue is split 50/50. If you rent it yourself you 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 103 Deerview, Week 5 and check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview is $4,194 + HST. Core week (presently rented out) starts July 23 in 2021 & remaining weeks in 2021 start on: June 4, October 22, December 17. Owners of Deerview are given tokens and laundry detergent to use in the common area building. Purchase price includes HST. All cottages are PET-FREE and Smoke-free. (id:27)

General Features

Amenities Exercise Centre, Party Room
Appliances Microwave, Refrigerator, Stove, Range - Gas, Window Coverings
Architectural Style Bungalow
Beds 2
Building Type House
Construction Material Wood frame
Construction Style Detached
Features Beach, Shared Driveway, Country residential, No Pet Home
Garage no
Listing Type House
Location Description From Huntsville east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres
More Information Link https://www.realtor.ca/real-estate/22933593/1052-rat-bay-103-deerview-cottage-week-5-road-lake-of-bays-twp
Parking no
Property Type Single Family
Terms SALE
Water Body Name Lake of Bays
Wheel Chair Access no
Zoning Waterfront Resort Commercial with an exception

Interior Features

Basement Type None
Bedrooms 2
Bedrooms Above 2
Cooling Type Central air conditioning
Fireplace no
Heating Fuel Electric
Heating Type Baseboard heaters
Total Baths 1

Exterior Features

Exterior Finish Wood
Parking Type Visitor parking
Pool Y/N no
Surface Water Lake
Waterfront Type Waterfront

Room Details

Room Dimensions Level Flooring Details
Bathroom 6'10'' x 5'8'' Main Level
Bedroom 9'2'' x 7'11'' Main Level
Dining 8'0'' x 7'0'' Main Level
Kitchen 7'3'' x 7'0'' Main Level
Living 11'11'' x 9'10'' Main Level
Master Bedroom 9'5'' x 11'8'' Main Level
Sun Room 19'2'' x 7'6'' Main Level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in P1H 2J6

Price
AVG $360K
$50K
Visits
AVG 31
84