$15,000
Est. payment $66/moCalculate yours
1052 Rat Bay 103-1 Road, Lake of Bays, ON P1H 2J6
Franklin, Lake of Bays, ON P1H 2J6
- 2 Beds
- 1 Baths
- 600 Sq Ft
Listing courtesy of Chestnut Park Real Estate MLS® X13517294
About this home
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 103 Deerview, Week 1 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee PER OWNER for Deerview 103 in 2026 is $4,629 + HST. Core (fixed) week in 2026 starts on June 26/25. Floating weeks for 2026 start on: March 6, June 12, June 26 (core week), October 30, December 25. 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 details
Overview
- Property Type
- Other
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 16-30
- Size
- 600 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Baseboard (Electric)
- Exterior
- Wood
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
Lot & Parking
- Parking
- None garage · 2 total
Financial
- Condo Fee
- $386/mo
- Fee Includes
- Heat Included, Hydro Included, Water Included, Common Elements Included, Building Insurance Included, Condo Taxes Included, Parking Included
- Pets
- No
Location
- Neighbourhood
- Franklin
- Cross Street
- South Portage/Hwy 60
Listing
- MLS® Number
- X13517294
- Days on Market
- 107
- Listed On
- 2026-07-03
- Listed By
- Chestnut Park Real Estate
Rooms
Features
Interior
- Water Heater Owned
- Primary Bedroom - Main Floor
Property
- Beach
- Lake/Pond
- Waterfront
- Wooded/Treed
Amenities
- Club House
- Exercise Room
- Game Room
- Indoor Pool
- Sauna
- Included
- As viewed as part of the fractional ownership
Mortgage calculator
Estimated mortgage payment
$66 per month
- Principal and interest
- $66
- Property tax
- $0
- Condo fees
- $386
- Estimated monthly cost
- $452
Your mortgage
- Mortgage amount
- $12,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $7,925
Cash to close
- Down payment
- $3,000
- Land transfer tax
- $75
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $3,075
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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