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.
For sale
C$1,728,888
34 Ottawa Ave, South River, ON P0A 1X0
6beds
3baths
Single Family Residence
Built in ----
7,920 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Newly built waterfront retreatExpansive modern residenceHigh-end finishesFloor-to-ceiling fireplaceClean clear waterPrivate sandy beach
- 42 days
- on Zillow |
- 14 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 06:54am
Listed by:
CENTURY 21 LEADING EDGE REALTY INC.
Source: TRREB,MLS®#: X12255292
Originating MLS®#: Toronto Regional Real Estate Board

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Primary Bedroom - Main Floor, Upgraded Insulation
- Basement: Finished with Walk-Out
- Has fireplace: Yes
Interior area
- Living area range: 2500-3000 null
Video & virtual tour
Property
Parking
- Total spaces: 7
- Parking features: Private
Features
- Stories: 2
- Patio & porch: Porch
- Exterior features: Year Round Living, Private Dock
- Pool features: None
- Water view: Direct,Unobstructive
- Waterfront features: Dock, Direct, Lake
- Body of water: Forest Lake
Lot
- Size: 7,920 Square Feet
- Features: Irregular Lot
Details
- Parcel number: 520580307
- Other equipment: Ventilation System
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco (Plaster)
- Foundation: Poured Concrete
- Roof: Flat,Membrane
Utilities & green energy
- Sewer: Septic
Community & HOA
Location
- Region: South River
Financial & listing details
- Annual tax amount: C$9,895
- Date on market: 7/2/2025
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