Welcome to 34 Ottawa Avenue, an extraordinary newly built waterfront retreat nestled on the pristine shores of Forest Lake in the charming community of South River in Parry Sound. This rare offering is more than just a waterfront home, it's a fully operational short-term rental business with a proven track record of impressive income, making it ideal for investors and lifestyle seekers alike. Designed with both comfort and luxury in mind. This expansive modern residence accommodates up to 14 guests, making it perfect for large families, vacation groups, or rental clients seeking an unforgettable lakeside getaway. Inside, you'll find a stunning modern layout, high-end finishes such as leathered countertops, 20' ceiling height with floor-to-ceiling fireplace, and ample space for entertaining and relaxation. Step outside and immerse yourself in the natural beauty that surrounds you. The property boasts clean, clear water ideal for paddleboarding, swimming, and boating, along with a private sandy beach where guests can unwind and enjoy the serenity of lake life. The second-story lounge decks provide the perfect vantage point for taking in panoramic views of Forest Lake, an unforgettable backdrop for morning coffees or evening sunsets. Whether you're looking to expand your investment portfolio with a thriving, high-performing vacation rental or seeking a luxurious family compound on the water, 34 Ottawa Ave. delivers both lifestyle and income in one exceptional package. Don't miss this opportunity to own a one-of-a-kind waterfront gem with endless potential.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Total Approx Floor Area:
2000-2500
Depth:
120'36.6 m
Frontage:
66'20.1 m
Direction Faces:
North
Bedrooms:
6
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
6
Kitchens Above Grade:
1
Rooms Above Grade:
12
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Flat, Membrane
Basement:
Finished with Walk-Out
Fireplace/Stove:
Yes
Alternative Power:
None
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
7
Total Parking Spaces:
7.0
Family Room:
No
Possession Details:
TBA
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2024
Taxes:
$9,895 /
2024
Assessment:
$- /
2024
South River
South River
Parry Sound
Primary Bedroom - Main Floor, Upgraded Insulation, Ventilation System
Year Round Living, Porch
Unknown
All furniture and appliances including, Fridge, X-line Gas Stove, Dishwasher, Microwave, Washer and Dryer, BBQ, all window covering all electric light fixtures, electric fireplace.
Stucco (Plaster)
Dock
Direct
Clean, Soft Bottom
Owned
Direct, Unobstructive
Municipal Road
Forest Lake
Lake
Not Applicable
Private
Floor
Type
Size
Other
Main
Living Room
19'11"6.07 m × 15'1"4.60 m
Sliding Doors, W/O To Deck, Electric Fireplace
Main
Kitchen
17'3½"5.27 m × 12'1"3.68 m
Centre Island, Breakfast Bar, Stainless Steel Appl
Main
Dining Room
14'7"4.44 m × 13'7"4.14 m
Porcelain Floor, W/O To Balcony, Pot Lights
Main
Bedroom
12'11"3.94 m × 12'1"3.68 m
Picture Window, Porcelain Floor, Pot Lights
Second
Bedroom 2
12'11"3.94 m × 11'11¾"3.65 m
Porcelain Floor, Large Window, Pot Lights
Second
Bedroom 3
10'3¼"3.13 m × 9'10½"3.01 m
Double Closet, Large Window, Porcelain Floor
Second
Bedroom 4
10'3.05 m × 9'11"3.02 m
W/O To Deck, Porcelain Floor, Closet
Basement
Game Room
33'2"10.10 m × 19'1½"5.83 m
W/O To Water, 3 Pc Bath, Pot Lights
Basement
Bedroom 5
12'½"3.67 m × 10'10"3.30 m
Pot Lights, Panelled
Basement
Bedroom
10'3.05 m × 8'7½"2.63 m
Above Grade Window, Pot Lights
Floor
Ensuite
Pieces
Other
Main
No
-
8'2¾" x 7'11" B/I Vanity, Ceramic Floor, Separate Shower
Second
No
4
13'3" x 8'5" Separate Shower, 4 Pc Bath, Ceramic Floor
Data was last updated July 6, 2025 at 06:15 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$648,000
Min list price:
$474,700
Max list price:
$1,788,000
Avg days on market:
20
Min days on market:
2
Max days on market:
97
These statistics are generated based on the current listing's property type
and located in
South River. Average values are
derived using median calculations.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.