![\"Touchstone](\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2013\/09\/2012_07_19_04_48_18_touchstone_pool_main.jpg\")
<\/a><\/p>\nIf you\u2019re looking to own a vacation home in Bracebridge<\/a>, it\u2019s best to act quickly. Touchstone On Lake Muskoka<\/a> has recently sold 80 of its fractions through a three month long online auction this summer<\/a>, and only three residences remain for sale.<\/p>\n The last three luxury Treetop Villa cottages are being sold on a first-come-first-serve basis, and are priced at $68,750.<\/p>\n It\u2019s clear the online auction route is a favourite among potential buyers, since it provides the option to bid from home. Not to mention it\u2019s a preferred alternative to strenuous, in-person bidding wars.<\/p>\n \u201cBecause of the transparent structure of the online auction and the timing of the three rounds, we were able to generate a near sell-out with no rescissions,\u201d said Manson Slik, a real estate broker and partner at Gordon\u2019s Estate Services, which is the company that managed the auction.<\/p>\n \u201cCollectively, this was one of our top 10 most challenging projects, which makes it an even bigger Canadian success story.\u201d<\/p>\n In fractional ownership, each cottage is divided into eight six- or seven-week fractions. So you\u2019ll own a share of the cottage and still have access to all of the amenities, like the infinity pool and luxury spa. But unlike a timeshare, the unit is registered in the purchaser\u2019s name.<\/p>\n If you\u2019re still yearning to spend time in one of these sought-after units, it\u2019s not too late!<\/p>\n For more information contact 705 641 4016.<\/em><\/p>\n When cottage hunting, buyers consider online auctions to be a viable option<\/p>\n","protected":false},"author":1,"featured_media":56257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11269],"tags":[],"coauthors":[8648],"apple_news_notices":[],"yoast_head":"\n