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$21,500
Status: For Sale
Blue Water Acres has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is FRACTIONAL ownership. It is NOT a timeshare. You would actually 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 for five weeks per year: one core summer week, plus 4 more floating weeks in the other seasons. Some owners rent their weeks out to help cover maintenance costs. Rental rates for Deerview cottage range from $1,659/wk to $3,009/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 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 102 Deerview, Week 9 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview in 2024 is $4,454 + HST. Core (fixed) week in 2024 starts on August 16/24. Weeks for 2024: Feb 2, May 10, Sepember 27, November 22. Four of the the five weeks change (rotate) every year but the core/fixed week (Week 9) stays the same. Maintenance fee is paid in the fall of each year for the following year but you only pay for the weeks that you have possession of the cottage. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free.
Property Type | :Residential |
MLS Number | :40587733 |
Listing Type | :Sale |
Property Age | :6-15 Years years |
Possession Date | : |
Last Updated | :04 Jun, 2024 (107 Days ago) |
Source | :The Lakelands |
Area | :Muskoka |
City | :Lake of Bays (Twp) |
Area Major | :Lake of Bays |
Area Minor | :Franklin |
Postal Code | : P1H 2J6 |
Directions | :From Huntsville, east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres. |
Price | : $21,500 |
Property Taxes | :$0 |
Tax Year | :2023 |
Bedrooms | :2 + |
No. of Rooms | :7 |
Air Conditioning | :Wall Unit(s) |
Heating | :Baseboard |
Place of Worship | :No |
Cross Street | :Rat Bay Road |
Bathrooms | :1 |
Approx Square Footage | :493.48 sqft |
Parking Space | :1 |
Pets | :No |
04 Jun, 2024
TREB #40587733
Price Change
$21500
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Unit | Area | Price | |
Unit - 102-1 | 493.48 Sq. Ft. | $17000 |
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Unit - 116-2 | 921.72 Sq. Ft. | $51000 |
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Unit - 126-7 | 1108.4 Sq. Ft. | $84900 |
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Unit - 116-4 | 921.72 Sq. Ft. | $49900 |
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Unit - 108-8 | 958 Sq. Ft. | $49900 |
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Unit - 105-10 | 562 Sq. Ft. | $22000 |
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Unit - 107-3 | 921.72 Sq. Ft. | $54000 |
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Unit - 103-2 | 561 Sq. Ft. | $28000 |
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Unit - 109-7 | 921.72 Sq. Ft. | $52400 |
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Unit - 107-9 | 921.72 Sq. Ft. | $70000 |
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Unit - 105-8 | 562 Sq. Ft. | $19900 |
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Unit - 118-3 | 921.72 Sq. Ft. | $42500 |
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Unit - 107-4 | 958 Sq. Ft. | $38900 |
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