$55,900
Lake of Bays
#115-10 1052 RAT BAY Road, Lake of Bays (Franklin), Ontario, P1H2J6
This 3-bedroom, 2-bathroom condo in Lake of Bays is for sale offering roughly 1,300 sq ft of space. It has been on the market 119 days, fresher than the Lake of Bays average of 206 days.
Blue Water Acres fractional ownerships resort has almost 50 acres of Muskoka paradise and 300 feet of South facing frontage on Lake of Bays. The 115 Meadowvale THREE BEDROOM cottage and has only two steps into the cottage. All cottages have a propane fireplace. This is NOT a timeshare although some think it is similar. It is a FRACTIONALownership. You 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 Interval that you buy for one core summer week plus 4 more floating weeks each year in the other seasons. Some owners rent their weeks out to help cover maintenance costs. Facilities at the resort include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity centre, gorgeous 300 foot 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 own boat for your weeks during boating season. This 3 bedroom cottage is called 115 Meadowvale, Week 10. Check-in is on Sundays at 4 p.m. ANNUAL maintenance fee for EACH owner for the 115 Meadowvale in 2026 is $5,561.06 + HST. Core Week 10 starts on Sunday, August 30 in 2026. The remaining weeks in 2026 start(ed) on March 1, June 7, October 25, and Christmas week December 20, 2026. Laundry is conveniently located right in the cottage. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. Do you like to travel around the world? Interval International allows you to deposit/trade your weeks at Blue Water Acres for other luxury resorts around the world which is a huge feature! Note that the interior photos are for a similar cottage but the exterior photos are for 115. This a great deal for the 3 bedroom Meadowvale. Seller is motivated and is willing to forgive the maintenance fees for the last two weeks of 2026 which they have already paid. Adding even more value. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 119 days on market, against an average age of 206 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 93.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in Lake of Bays (Franklin) has been listed for 119 days, which is 87 days fresher than the city average of 206. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $55,900, about 0.7× the local median household income of $82,000.
Carrying it typically needs a household income of about $10,919 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P1H)
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