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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
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.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$672/mo
Mortgage (principal + interest)$209
Condo feesFrom listing$463
Minimum $2,795 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$11,180
Ontario land transfer taxProvincial brackets, no first-time refund$284
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$14,264
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Lake of Bays has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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.
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