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.
2 bedrooms, 2 bathrooms, about 900 sq ft, works out to roughly $47 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this home fits your budget and timing.
Inside 1052 Rat Bay Rd #118-3
Every detail from the listing, in one place.
Style
Bungalow
Living space
900-999 sq ftas stated on the listing
Lot size
x 49.5 sq ft
Parking
4 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
None
Exterior & construction
Pool
Yes
Lot & land
Lot dimensions
x
Lot size (sqft)
49.5
Listing & possession
Property style
Bungalow
Property class
Other
1052 Rat Bay Rd #118-3 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$209
/mo
based on the purchase price of $42,500
$8,500 cash
$34,000 financed
$28,637 total interest
Principal54%$34,000
Interest46%$28,637
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Lake of Bays
Other 2-bed homes for sale in Lake of Bays around $43K.
Average days on market61Homes sold in about 61 days on average.
Sale-to-list ratio93.5%On average, homes sold below asking.
Active listings186Homes for sale here right now.
Median vs prior 90 days−26.8%Compared with Apr 24 – Jul 23, 2026: prices down.
Based on 64 sales from Jul 23 – Oct 21, 2026 (32 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
11 for sale at 1052 Rat Bay Rd — plus its sale and lease history.
1052 Rat Bay Rd #118-3 is listed at $42,500 (MLS® X10897914). Summitly updates the price as soon as the MLS® record changes.
Is $42,500 a good price for 1052 Rat Bay Rd #118-3?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Lake of Bays. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1052 Rat Bay Rd #118-3 changed?
Yes — it was first listed at $48,900 and is now $42,500, a drop of $6,400 (13.1%).
How many bedrooms and bathrooms does 1052 Rat Bay Rd #118-3 have?
1052 Rat Bay Rd #118-3 has 2 bedrooms and 2 bathrooms, with about 900–999 square feet of living space. It is a home in Lake of Bays.
How much would the monthly mortgage be on 1052 Rat Bay Rd #118-3?
About $209 a month — principal and interest on $42,500 with 20% down ($8,500), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1052 Rat Bay Rd #118-3 compare with other homes in Lake of Bays?
Its asking price of $42,500 is about 94% below the median sold price in Lake of Bays over the last 90 days, $762,500, across 64 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1052 Rat Bay Rd #118-3 been sold before?
Summitly has no earlier MLS® sale or lease of 1052 Rat Bay Rd #118-3 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1052 Rat Bay Rd #118-3?
1052 Rat Bay Rd #118-3 is in Lake of Bays, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1052 Rat Bay Rd #118-3 been on the market?
834 days — 1052 Rat Bay Rd #118-3 was listed on July 9, 2024.
What is the price per square foot of 1052 Rat Bay Rd #118-3?
About $43 to $47 per square foot: the asking price of $42,500 over the 900–999 sq ft the listing gives as its size range.
Does 1052 Rat Bay Rd #118-3 have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 1052 Rat Bay Rd #118-3 have a basement, and is it finished?
The listing says 1052 Rat Bay Rd #118-3 has no basement.
