$49,900
↓ $1,100 from $51,000
Est. payment $221/moCalculate yours
1052 RAT BAY Road 116-2, Lake of Bays, ON P1H 2J6
Franklin, Lake of Bays, ON P1H 2J6
- 2 Beds
- 2 Baths
- 922 Sq Ft
Listing courtesy of Chestnut Park Real Estate MLS® X10898321
About this home
Blue Water Acres fractional ownership resort has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is not a time share although some think it is similar. You do actually own 1/10 of the cottage. 116 Algonquin Cottage is a 2 bedroom cottage and is located next to a beautiful woodlot on the west side with lots of privacy. There are no cottages in front of 116 Algonquin which means it has a lovely view and provides easy access to the beach and lake. The Muskoka Room in 116 Algonquin is fully insulated for year round comfort. Ownership 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 for a total of 5 weeks per year. Facilities include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity centre, 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 Sundays at 4 p.m. ANNUAL maintenance fee PER OWNER in 2026 for 116 Algonquin cottage is $5127 + HST. Core week 2 for this cottage starts on Sunday July 5, 2026 and the other weeks in 2026 start on March 15, June 21, November 8/2026 and January 3/2027 . There is laundry in the Algonquin cottage. No HST on resales. All cottages are PET-FREE and Smoke-free. Ask for details about fractional ownerships and what the annual maintenance fee covers. Deposit weeks you don’t use in Interval International or rent them out to help cover the maintenance fees.
Property details
Overview
- Property Type
- Other
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 11-15
- Size
- 922 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Total Rooms
- 8
- Basement
- None
Building & Systems
- Heating
- Baseboard (Propane)
- Cooling
- Wall Unit(s)
- Exterior
- Wood
- Foundation
- Block
- Roof
- Shingles
- Water
- Other
- Sewer
- Unknown
Lot & Parking
- Lot Size
- 25-49.99 acres
- Parking
- None garage · 4 total
- Zoning
- Waterfront Resort Comm'l with exception
Financial
- Condo Fee
- $427/mo
- Fee Includes
- Heat Included, Hydro Included, Water Included, Common Elements Included, Building Insurance Included, Condo Taxes Included
- Pets
- No
Location
- Neighbourhood
- Franklin
- Cross Street
- From Huntsville east on Hwy 60 to South Portage Rd, to Rat Bay Road to Blue Water Acres
- Direction Faces
- Unknown
Listing
- MLS® Number
- X10898321
- Days on Market
- 1132
- Listed On
- 2023-09-12
- Possession
- Flexible
- Listed By
- Chestnut Park Real Estate
Rooms
Features
Interior
- Water Heater
Amenities
- Game Room
- Gym
- Party Room/Meeting Room
- Sauna
- Tennis Court
- Visitor Parking
Pool
- Indoor
- Included
- fully furnished as viewed
- Excluded
- none
- Rental items
- none
Mortgage calculator
Estimated mortgage payment
$221 per month
- Principal and interest
- $221
- Property tax
- $0
- Condo fees
- $427
- Estimated monthly cost
- $648
Your mortgage
- Mortgage amount
- $39,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $26,364
Cash to close
- Down payment
- $9,980
- Land transfer tax
- $250
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $10,230
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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