102-2-1052 Rat Bay Rd (Rat Bay Rd/South Portage)
Status: For Sale
- Tax: $175 (2022)
- City:Lake of Bays
- Style:Cottage (Bungalow)
- HeatingBaseboard, Electric
- Sewer/Water SystemsSeptic, Well
Listing Contracted With: RE/MAX REALTRON REALTY INC.
his 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. 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. t's a unique way to own a share of Muskoka. Your weeks can also be traded for weeks at other luxury resorts around the world.
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