Fractional ownership means for this price you buy 1/10th ownership in Villa 12, a pet-freeunit which is located in The Landscapes Resort on Lake of Bays. For the 1/10th ownership you havethe exclusive use of the Villa for 5 weeks a year including the core/fixed week of Week 4 in July. This is NOT atime share. Floating weeks for the following year are 'picked' in September. Remaining weeks for 2024 available to the new ownerstart on: March 15, April 12, July 12 (core/fixed week) and September 13, 2024. Some owners rent their units out to help cover the annual maintenance fee which for 2024 is $5,850 + HST. The Landscapes has set the list price for all Phase 2 Villasbut the Seller is free to accept any offer that they like, so try your offer! The Landscapes is part of TheRegistry Collection so you could trade your weeks for weeks at some of the world's most luxuriousdevelopments. The Landscapes offers a resort-style setting with sand beach, boating, salt water outdoorpool, clubhouse, boathouse, and more. Lots of parking, viewings on Fridays during turnover time (betweennoon - 4p.m.) but must be with a Realtor to view.