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1052 RAT BAY Road Unit 118-3

Franklin / Lake of Bays, ON P1H 2J6

ActiveFor Sale
2 Beds
2 Baths
922 Sq Ft
50 Lot Sq Ft
New Construction

About This Property

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 although some think it is similar. You do actually own 1/10 of the cottage. 118 Algonquin Cottage is a 2 bedroom cottage, has a great view of the lake and is very private. Ownership 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 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. Check-in for 118 Algonquin Cottage is on Fridays at 4 p.m. ANNUAL maintenance fee PER OWNER in 2026 for 118 Algonquin cottage is $5127 + HST. Core (fixed) Week 3 for this cottage starts on July 10, 2026. Weeks for 2026 will start on January 9, March 20, April 17, July 10 (core week), and September 4. There is laundry in the Algonquin cottages. 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 (it covers everything). You can deposit weeks you don't use in Interval International or rent them out to help cover the maintenance fees. Blue Water Acres will rent your weeks out for you and you keep 50% of the rental income or rent them out yourself and you keep 100% of the income.

Property Details

StatusActive
Property TypeNew Construction
Listing TypeFor Sale
Interior Size922 sq ft
Lot Size50 sq ft
Bedrooms2
Bathrooms2
LockerNone
BalconyNone
ExposureSouth
Postal CodeP1H 2J6
Last UpdatedAug 8, 2026 · 6:56 p.m.

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Features & Amenities

  • Waterfront
  • View
  • Fireplace
  • Balcony
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X10897914

Listed by Chestnut Park Real Estate

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$42,500

asking price

MLS®X10897914
TypeNew Construction
CityLake of Bays
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$208

/month · $34,000 mortgage

Down Payment20% — $8,500
Interest Rate5.5%

Amortization

Total Interest

$28,260

Total Cost

$62,260

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

Chestnut Park Real Estate