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$49,900
Available - For Sale
Listing ID: X10895766
Blue Water Acres FRACTIONAL ownership resort has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is NOT a time share because you do actually own 1/10 of the cottage and a share in the entire resort. Fractional ownership 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 for a total of 5 weeks per year. Facilities include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity centre, 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. Algonquin Cottage 116 is a 2 bedroom cottage with laundry and is located next to a beautiful woodlot on the west side of the resort with excellent privacy. There are no cottages in front of 116 Algonquin which means it has a lovely view and provides easy access to the beach and lake. The Muskoka Room in 116 Algonquin has an extra chair, making it stand out from other Algonquin cottages, and is fully insulated for year round comfort. Cottage 116 also has an extra Muskoka chair on the deck and a private BBQ. Check-in for Cottage 116 is on Sundays at 4 p.m. ANNUAL maintenance fee PER OWNER in 2025 for 116 Algonquin cottage is $5026 + HST payable in November for the following year. Core Week 4 starts on July 13, 2025. Remaining weeks for this fractional unit (Week 4) in 2025 start on January 5, March 16, April 13, and August 31, 2025 . No HST on resales. All cottages are PET-FREE and Smoke-free. Ask for details about fractional ownerships and what the annual maintenance fee covers. Deposit weeks you don't use in Interval International for travel around the world or rent your weeks out to help cover the maintenance fees.
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $2,495 $4,990 $7,485 $9,980
First Mortgage $47,405 $44,910 $42,415 $39,920
CMHC/GE $1,303.64 $898.2 $742.26 $0
Total Financing $48,708.64 $45,808.2 $43,157.26 $39,920
Monthly P&I $208.62 $196.19 $184.84 $170.97
Expenses $0 $0 $0 $0
Total Payment $208.62 $196.19 $184.84 $170.97
Income Required $7,823.07 $7,357.24 $6,931.47 $6,411.53

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Chestnut Park Real Estate Ltd., Brokerage, Port Carling

1052 RAT BAY Road , Lake of Bays, P1H 2J6, Muskoka

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Com - Other
Area: Muskoka
Municipality: Lake of Bays
Neighbourhood: Franklin
Style: Bungalow
Lot Size: x 0.00(Acres)
Approximate Age: 16-30
Tax: $0
Maintenance Fee: $5,026
Beds: 2
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: Indoor
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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