$42,000
Available - For Sale
Listing ID: X8328590
1052 Rat Bay Rd , Unit 111-8, Lake of Bays, P1H 2J6, Ontario


Richill Ventures Inc, corporation was setup in 2022 and owns a fractional share in Blue Water Acres cottage # 111-8 which is 2 bed 2 bath four season cottage. Common fee worth of $ 3,000 is prepaid for this year out of total $ 5,000. The corporation has losses amounting to $615 that can be carried forward to future years, in addition to $147 cash at bank. Fractional ownership implies 5 weeks exclusive in a year that can be enjoyed in resort style living. Days can be rented if you are not able to use it yourself. Blue Waters Acres is a subscribing member of Interval International. As a fractional owner, you will have access to Interval International affiliated resorts around the world.
Extras:   Fractional ownership allows 1/10th ownership of the cottage i.e you enjoy 5 weeks of exclusive private and guest parking, wifi and appliances, BBQ's permitted
Price $42,000
Taxes: $0.00
Tax Type: N/A
Occupancy by: Partial
Address: 1052 Rat Bay Rd , Unit 111-8, Lake of Bays, P1H 2J6, Ontario
Apt/Unit: 111-8
Postal Code: P1H 2J6
Province/State: Ontario
Lot Size: 300.00 x 150.00 (Feet)
Directions/Cross Streets: Rat Bay Rd & South Portage
Category: Without Property
Use: Cabins/Cottages
Total Area: 25.00
Total Area Code:  Acres
Office/Appartment Area Code: Sq Ft
Retail Area: 0
Retail Area Code: Sq Ft
Financial Statement: N
Chattels: N
Franchise: N
Hours Open: 0
Employees #: 0
Seats: 0
LLBO: N
Expenses Actual/Estimated: $Est
Heat Type: Elec Forced Air
Central Air Conditioning: Y
Water: Well
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXECUTIVE HOMES REALTY INC.
Personal Picture
Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
 
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At a Glance:
Type: Com - Sale Of Business
Area: Muskoka
Municipality: Lake of Bays
Neighbourhood:
Style:
Lot Size: 300.00 x 150.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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