Address
1052 RAT BAY Road Lake of Bays, ON
Price
$ 38,000
Property Attributes
  • ID#40094333
  • TypeSingle Family
  • CityLake of Bays
  • AreaSimcoe and District
  • Postal CodeP1H 2J6
  • StyleBungalow
  • Price$ 38,000
  • Bedrooms2
  • Bathrooms1+0
  • Half Bathrooms0
  • Sqr Footage635
Listing Provided Courtesy Of:
Kevin Allen with Century 21 Trinity Inc. Brokerage
Data Source:
RLP - CREA EN
Property Description

This two bedroom cottage is ideal for families. It offers a comfortable and fully equipped unit at a very affordable price. The master bedroom has a queen size bed, and the second bedroom has a bunk bed with a lower double bed and a single upper bed. In addition to the three-season Muskoka Room, there is a stone patio that’s perfect for barbecuing and outdoor relaxation. 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. All cottages have a propane fireplace. 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 Interval 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. 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. Rental rates for Deerview cottage range from $1,579/wk to $2,889/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 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. Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee for Deerview is $4,194 + HST.

General Features

Acres 25-49.99
Beds 2

Interior Features

Bedrooms 2
Total Baths 1+0

Exterior Features

Jumpid 14820589

Room Details

Room Dimensions Level Flooring Details
Bathroom 3.94 x 4.24 Main Level
Bedroom 3.38 x 4.24 Main Level
Dining 5.26 x 2.13 Main Level
Kitchen 2.77 x 2.13 Main Level
Living 5.46 x 3.05 Main Level
Master Bedroom 3.78 x 4.39 Main Level
Sun Room 5.79 x 3.17 Main Level

Amenities

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

Property vs Single Family Average in P1H 2J6

Price
AVG $320K
$40K
Visits
AVG 197
222
Year Built
AVG 2008
2005