Gurvinder Nokwal REALTOR®
For Sale Other 1279 days on market

$38,900 ↓ $11,000 from $49,900

Est. payment $172/moCalculate yours

1052 Rat Bay Rd 109-7 Road, Lake of Bays, ON P1H 2J6

Franklin, Lake of Bays, ON P1H 2J6

  • 2 Beds
  • 2 Baths
  • 900 Sq Ft
Map

Listing courtesy of Chestnut Park Real Estate MLS® X12017497

About this home

Blue Water Acres FRACTIONAL ownership means that you own 1/10th of the cottage and a share in the entire resort. The resort has about 50 acres and 300 ft of south-facing shoreline frontage on Lake of Bays, the second largest lake in Muskoka. This is not a time share although some think it is similar. You would have use of the cottage for 5 weeks of the year. Algonquin cottage 109 has enough parking for 5 cars. There is one core (fixed) week in summer (in this case it’s Week 7) plus 4 more weeks that change each year. For this interval the weeks for 2026 start on: Feb 6, May 15, August 7 (core week), October 2, November 27, 2026. The core (fixed) week for this unit starts on Friday, August 7 /25. Turnover day is Friday for this cottage. The Algonquin cottage has 2 bedrooms, 2 bathrooms, is about 922 square feet, and has a main floor laundry. The resort itself offers walking trails, a beautiful sandy beach, indoor swimming pool, sauna, recreation room, fitness room, and activity centre. Great swimming, ideal for families of all ages, level to gently sloping land makes it easy to access the waterfront. There is NO HST on resales. All cottages are smoke/vape-free and pet-free. Interior photos for this listing are of a similar cottage, all furnishings are identical. The ANNUAL maintenance fee for EACH OWNER of this unit in 2026 is $5,127 + HST ($427.25/month) and it’s paid in the autumn of each year for the following year for EACH owner. This is an affordable way to enjoy cottaging in Muskoka on one of our nicest lakes.

Property details

Overview

Property Type
Other
Style
Bungalow
For
For Sale
Status
Price Change
Approximate Age
16-30
Size
900 sqft

Interior

Bedrooms
2
Bathrooms
2
Kitchens
1
Basement
None

Building & Systems

Heating
Baseboard (Electric)
Exterior
Wood
Foundation
Block
Roof
Asphalt Shingle

Lot & Parking

Parking
None garage · 5 total

Financial

Condo Fee
$427/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 Rd and Rat Bay Rd

Listing

MLS® Number
X12017497
Days on Market
1279
Listed On
2023-04-18
Possession
flexible
Listed By
Chestnut Park Real Estate

Rooms

Room Level Dimensions
Dining Room Main 11′ 0″ × 10′ 7″
Living Room Main 13′ 9″ × 10′ 0″
Bathroom Main 9′ 11″ × 6′ 0″
Bedroom 2 Main 10′ 3″ × 10′ 11″
Bathroom Main 6′ 10″ × 6′ 6″
Primary Bedroom Main 13′ 5″ × 10′ 11″
Kitchen Main 8′ 1″ × 10′ 7″

Features

Interior

  • Water Heater Owned
  • Other

Property

  • Beach
  • Lake/Pond
  • Waterfront

Amenities

  • Shared Beach
  • Tennis Court
  • Communal Waterfront Area
  • Indoor Pool
Included
Carbon Monoxide detector, smoke detector, dishwasher, all furnishings as part of the fractional ownership, propane gas oven/range, microwave, refrigerator, stove, hot water tank, window coverings
Excluded
none
Rental items
none

Mortgage calculator

Minimum for this price: $1,945 (5%)

Amortization, years

Estimated mortgage payment

$172 per month

Principal and interest
$172
Property tax
$0
Condo fees
$427
Estimated monthly cost
$599

Your mortgage

Mortgage amount
$31,120
Mortgage insurance
Not needed
Interest over 25 years
$20,552

Cash to close

Down payment
$7,780
Land transfer tax
$195
Total, before legal fees
$7,975
Talk to me about financing

Estimates 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

1052 Rat Bay Rd 109-7 Road, Lake of Bays, ON P1H 2J6 Franklin, Lake of Bays, ON P1H 2J6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$38,900 1052 Rat Bay Rd 109-7 Road, Lake of Bays, ON P1H 2J6
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