Welcome to 4274 Canal Road, your waterfront escape on the renowned Trent-Severn Waterway. Nestled on a private leased lot with 75 feet of unobstructed waterfront, this charming 3-bedroom cottage offers the perfect opportunity to enjoy life on the water without the expense of traditional waterfront ownership. Inside, you'll find a bright and functional layout featuring a fully equipped kitchen, comfortable living area, three bedrooms, and a 3-piece bathroom, all on one level. Recent updates include a new roof, hot water tank, custom barn doors, a beautifully finished pine-accented primary bedroom, and updated appliances including the refrigerator and microwave. The cottage is partially winterized and, with the addition of a heat line, could be enjoyed throughout all four seasons. Step outside and embrace the cottage lifestyle. A spacious deck overlooks the water, creating the perfect setting for morning coffee, family gatherings, or relaxing afternoons in the sun. The 10' x 30' dock provides ample space for boating, swimming, fishing, and paddleboarding, while the newer waterside gazebo offers a peaceful spot to enjoy meals and entertain guests. A custom fire pit area, wood storage, updated landscaping, improved driveway, and detached single-car garage complete this exceptional property. Spend your summers boating through one of Ontario's most iconic waterways, swimming from your dock, and enjoying spectacular sunsets. In the fall, explore the vibrant colours by boat, while winter offers easy access to snowmobile trails, ice fishing, and nearby ski hills. Located approximately 1.5 hours north of Toronto and a short drive to Orillia and local amenities. Annual land lease is currently $11,854. Skip the airports, travel schedules, and time-shares. This is your waterfront retreat, ready whenever you are. Please note: this is a seasonal cottage, not intended for year-round residential use. Short-term rentals and income-producing use are not permitted.