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$70,000
Available - For Sale
Listing ID: X10900313
Blue Water Acres fractional ownership resort has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. 107 Algonquin is a 2 bedroom cottage located close to the indoor swimming pool and games room. The Muskoka Room in 107 Algonquin is fully insulated for year-round comfort. This is NOT a timeshare though some think it is similar. You would actually own a 1/10th share of the cottage that you buy. Ownership also includes a share in the entire complex. This gives you the right to use the cottage Interval that you buy for five weeks per year: one core summer week plus 4 more floating weeks in the other seasons. 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, paddle boats, skating rink, tennis court, playground, and walking trails. You can moor your boat for your weeks during boating season. Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee PER OWNER for 107 Algonquin cottage in 2025 is $5,026 + HST. Core (fixed) week 9 for this cottage starts on Aug 15, 2025 and the remaining weeks for 2025 start on February 7, May 16, October 3 and November 28, 2025. There is a laundry in the Algonquin cottage. There is no HST on resales. All cottages are PET-FREE and Smoke-free. Please note that interior photos are of a similar unit (all Algonquins have the same floor plan). Furnishings are almost identical. This is an amazing trouble-free way to enjoy cottage life in Muskoka. Everything is taken care of for you. All you need to do is enjoy being here and there is so much to do. Hidden Valley skiing, Arrowhead Park, Algonquin Park, world class golf, and fantastic facilities at Blue Water Acres.
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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 $3,500 $7,000 $10,500 $14,000
First Mortgage $66,500 $63,000 $59,500 $56,000
CMHC/GE $1,828.75 $1,260 $1,041.25 $0
Total Financing $68,328.75 $64,260 $60,541.25 $56,000
Monthly P&I $292.65 $275.22 $259.29 $239.84
Expenses $0 $0 $0 $0
Total Payment $292.65 $275.22 $259.29 $239.84
Income Required $10,974.25 $10,320.77 $9,723.51 $8,994.14

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Chestnut Park Real Estate Ltd., Brokerage, Port Carling

1052 RAT BAY Rd , Unit 107-9, Lake of Bays, P1H 2J6, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Condo - Other
Area: Muskoka
Municipality: Lake of Bays
Neighbourhood: Franklin
Style: Bungalow
Lot Size: 300.00 x (Acres)
Approximate Age: 6-15
Tax: $0
Maintenance Fee: $0
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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