Discover peaceful waterfront living in this beautifully renovated 3-bedroom, 3-season home, tucked away in a private, quiet cove on the east end of Canal Lake. Offering over 140 ft. of shoreline, this exceptional setting is perfect for those looking to enjoy the tranquility of nature, with no boat traffic to disturb the peaceful surroundings. An ideal location for canoeing, kayaking, fishing, or simply relaxing and taking in the water views. Canal Lake is part of the renowned Trent-Severn Waterway, providing endless boating opportunities and excellent fishing, with the historic Kirkfield Lift Locks just minutes away. Recently renovated from top to bottom, this bright and spacious home offers an open-concept design with beautiful water views, a centre island, laminate flooring throughout, and an efficient electric heat pump providing both heating and air conditioning. Step outside to a large rear deck overlooking the water. A covered front porch adds additional outdoor living space, while the separate bunkie provides extra room for overnight guests. The well-maintained yard reflects true pride of ownership for this hidden waterfront retreat offers excellent privacy and a peaceful natural setting. This is an affordable opportunity to own waterfront property. Annual lease of $8,025 with a 5-year term.