$34,500
↓ $27,450 from $61,950
Est. payment $153/moCalculate yours
1052 RAT BAY Road 108-8, Lake of Bays, ON P1H 2J6
Franklin, Lake of Bays, ON P1H 2J6
- 2 Beds
- 2 Baths
- 958 Sq Ft
Listing courtesy of Chestnut Park Real Estate MLS® X10898413
About this home
Blue Water Acres FRACTIONAL ownership means that you share the cottage with 9 other owners. You will own a 1/10th share of the cottage (your “Interval” week) and a smaller share in the entire resort. It’s NOT A TIMESHARE although some think it is similar. This cottage is known as 108 Algonquin and it’s one of three cottages OFFERING THE BEST BEACH/LAKE VIEW at Blue Water Acres; it has private and guest parking, hi-speed internet, good cell service, 2 spacious bedrooms, washer & dryer, cozy propane fireplace in living area, large dining area with full equipped kitchen and large screened in Muskoka Room. You will have exclusive use of your cottage for 5 weeks of the year. Check-in day for 108 Algonquin is Saturday and the Core Week (Week 8) in 2026 starts on August 15. The four other floating weeks rotate each year so it’s fair to all the owners. Remaining weeks for 2026: February 14, May 23, October 10, December 5/2026 . Included for your enjoyment: beach chairs, kayaks, paddle boats, a 300′ sand beach, tennis and badminton courts, playground, indoor swimming pool with change room & sauna, hot tub, gathering room with grand piano, games room with pool tables, fitness room, tubing hill, skating, walking & snowshoe trails and more. You can even moor your own boat at Blue Water Acres for your weeks during boating season. All the cottages are pet-free & smoke-free. This is an affordable way to enjoy cottage life without the cost or work of full cottage ownership. Annual Maintenance fees INCLUDE EVERYTHING and are paid November for the following year. The ANNUAL maintenance fee for EACH OWNER in 108 Algonquin cottage in 2026 is $5,127 +HST. There is NO HST on the purchase price. It’s a unique way to own a share of Muskoka on Muskoka’s second largest lake. Your weeks can also be traded for weeks at other luxury resorts around the world through Interval International. Or you can rent your weeks out either through Blue Water Acres or on your own.
Property details
Overview
- Property Type
- Other
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 16-30
- Size
- 958 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Total Rooms
- 9
- 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 Commercial with an exception
Financial
- Condo Fee
- $427/mo
- Fee Includes
- Cable TV Included, Hydro Included, CAC Included, Heat Included, Building Insurance Included, Common Elements Included, Parking 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
- South
Listing
- MLS® Number
- X10898413
- Days on Market
- 1056
- Listed On
- 2023-11-27
- Possession
- Flexible
- Listed By
- Chestnut Park Real Estate
Rooms
Features
Interior
- Water Heater
Property
- Golf
Amenities
- Party Room/Meeting Room
- Satellite Dish
- Visitor Parking
- Indoor Pool
Pool
- Indoor
- Inground
- Included
- fully furnished as viewed as part of fractional ownership
Mortgage calculator
Estimated mortgage payment
$153 per month
- Principal and interest
- $153
- Property tax
- $0
- Condo fees
- $427
- Estimated monthly cost
- $580
Your mortgage
- Mortgage amount
- $27,600
- Mortgage insurance
- Not needed
- Interest over 25 years
- $18,228
Cash to close
- Down payment
- $6,900
- Land transfer tax
- $173
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $7,073
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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