Lake of Bays - Franklin
Lake of Bays - Franklin
Sold For$25,900
Listed For $27,900
Sold Jan 2023
Blue Water Acres has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is NOT a timeshare; you would actually own a 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 for five weeks per year including 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 income rates for the 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. If you rent it out yourself you get to keep 100% of the revenue. Facilities include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity c
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