$2,999,900

About this listing

Set on approximately 12 acres along the beautiful Otonabee River, this unique Tourism Commercial (TC) zoned property offers an incredible opportunity just 10 minutes from Peterborough and approximately 2 hours to the GTA. Featuring three separate cottages positioned side by side, this versatile waterfront property is ideal for multi-generational living, investors, short-term rental opportunities, or future tourism-based development.The main A-frame cottage is beautifully finished and offers 3 bedrooms, 2 bathrooms, an open-concept layout, newer shingles, a spacious deck, and hot tub overlooking the peaceful surroundings. The second cottage features 1 bedroom, 1 bathroom, and a durable metal roof, making it perfect for guests or rental income. The third cottage is designed with flexibility in mind, offering 5 bedrooms, 2 bathrooms, 2 kitchens, open-concept living spaces, separate entrances, covered deck, hot tub, propane furnace, and potential duplex capability.The property also includes a drywalled 3-bay garage with a metal roof, private boat launch, and endless possibilities for future growth. Tourism Commercial zoning opens the door to a wide range of permitted uses, including additional cottages, potential trailer park opportunities, and future primary or secondary dwelling development (buyer to complete their own due diligence).Whether you're looking to create a family compound, expand a hospitality business, or invest in a one-of-a-kind waterfront property with exceptional potential, this rare offering delivers space, flexibility, and opportunity in a highly desirable location. Turnkey. Everything included. Cottages are registered with AirBnb. Currently has $65K of bookings for summer season.

Property details

Price per sqft

$249,992

Days on market

38 days

Property taxes

$10,270/yr (2025)

Lot size

613.88 × 939.78 Feet

Heating

Propane Gas

Cooling

Yes

Garage

Other

Payment calculator

Location