$55,900
↓ $4,000 from $59,900
Est. payment $248/moCalculate yours
1052 RAT BAY Road 115-10, Lake of Bays, ON P1H 2J6
Franklin, Lake of Bays, ON P1H 2J6
- 3 Beds
- 2 Baths
- 1,200 Sq Ft
Listing courtesy of Chestnut Park Real Estate MLS® X13547454
About this home
Blue Water Acres fractional ownerships resort has almost 50 acres of Muskoka paradise and 300 feet of South facing frontage on Lake of Bays. The 115 Meadowvale THREE BEDROOM cottage and has only two steps into the cottage. All cottages have a propane fireplace. This is NOT a timeshare although some think it is similar. It is a FRACTIONALownership. You 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 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. Facilities at the resort include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity centre, gorgeous 300 foot sandy beach with shallow water - ideal for kids, great swimming, kayaks, canoes, paddle boats, skating rink, tennis court, playground, and walking trails. You can moor your own boat for your weeks during boating season. This 3 bedroom cottage is called 115 Meadowvale, Week 10. Check-in is on Sundays at 4 p.m. ANNUAL maintenance fee for EACH owner for the 115 Meadowvale in 2026 is $5,561.06 + HST. Core Week 10 starts on Sunday, August 30 in 2026. The remaining weeks in 2026 start(ed) on March 1, June 7, October 25, and Christmas week December 20, 2026. Laundry is conveniently located right in the cottage. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. Do you like to travel around the world? Interval International allows you to deposit/trade your weeks at Blue Water Acres for other luxury resorts around the world which is a huge feature! Note that the interior photos are for a similar cottage but the exterior photos are for 115. This a great deal for the 3 bedroom Meadowvale. Seller is motivated and is willing to forgive the maintenance fees for the last two weeks of 2026 which they have already paid. Adding even more value.
Property details
Overview
- Property Type
- Other
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 16-30
- Size
- 1,200 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Total Rooms
- 9
- Basement
- None
Building & Systems
- Heating
- Baseboard (Propane)
- Cooling
- Wall Unit(s)
- Exterior
- Wood
- Foundation
- Block
- Roof
- Shingles
Lot & Parking
- Parking
- None garage · 4 total
- Zoning
- Waterfront Resort Commercial with an exception
Financial
- Condo Fee
- $463/mo
- Fee Includes
- Heat Included, Hydro Included, Water Included, Common Elements Included, Parking Included, Condo Taxes Included, Building Insurance Included
- Pets
- No
Location
- Neighbourhood
- Franklin
- Cross Street
- South Portage Rd
Listing
- MLS® Number
- X13547454
- Days on Market
- 100
- Listed On
- 2026-07-10
- Listed By
- Chestnut Park Real Estate
Rooms
Features
Interior
- Water Heater
- Included
- As viewed as part of the fractional ownership
- Excluded
- none
Mortgage calculator
Estimated mortgage payment
$248 per month
- Principal and interest
- $248
- Property tax
- $0
- Condo fees
- $463
- Estimated monthly cost
- $711
Your mortgage
- Mortgage amount
- $44,720
- Mortgage insurance
- Not needed
- Interest over 25 years
- $29,534
Cash to close
- Down payment
- $11,180
- Land transfer tax
- $284
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $11,464
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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