1052 Rat Bay Road Unit 111-2, Lake of Bays (Franklin), Ontario P0A1H0

Listing courtesy of Chestnut Park Real Estate.

$33,500

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$33,500
Price Change
▼ $6,000 1788804525
MLS®
X12053068
Days on Market
526
Status
ACTIVE
Type
Condo
Subtype
Single Family
Subdivision
Franklin

Property Description

Blue Water Acres FRACTIONAL ownership means that you share the cottage with 9 other owners but you will own yourself a 1/10th share of the cottage (your "Interval" week) and also a smaller share in the entire resort. This cottage is known as 111 Algonquin and it's a favourite at Blue Water Acres. It has 2 spacious bedrooms, and 2 bathrooms. The core summer week in 2026 will start on July 5. 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 Sunday. Weeks in 2026 start on March 15, June 21, July 5 (core/fixed week), November 8 and January 3/27. The 4 floating weeks rotate each year so it's fair to all the owners. There are many amenities at Blue Water Acres: hot tub/sauna, all linens and towels supplied, kayaks, paddle boats, a beautiful sand beach, 300 ft of waterfront on Lake of Bays, indoor swimming pool, owners' gathering room with grand piano and large TV screen , games room with pool tables, ping pong table, shuffle board & foosball, fitness room, tennis/pickleball court, basketball courts, large children's playground & equipment. You can moor your own boat during your own boating season weeks. Winter tube slide, skating rink & fire pit. There is so much to do here! All 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 and are paid in the fall for the following year. The ANNUAL fee for EACH of the owners in 111 Algonquin cottage for 2026 is $5,127 + HST. This fee can be paid in two installments, November and March. There is NO HST on the purchase price of the cottage. It's a unique way to own a part of Muskoka. Your weeks can be traded for weeks at other luxury resorts around the world. Some photos & floor plan shown are for a similar cottage but may not be identical to the subject cottage. (id:5764)

Additional Information

Ownership
Condo/Strata
View
View of water, Direct Water View
Subdivision
Franklin
Parking Spaces
2
Water Body Name
Lake of Bays
Fireplaces
1
Pool
Yes
Country
Canada
Community Features
Pets not Allowed
Heating
Baseboard heaters, Electric
Lot Features
Sloping, Level
Architectural Style
Bungalow
Pool Features
Indoor pool
Stories
1
Waterfront
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks