Peaceful waterfront setting with this charming 2-bedroom 3 season bungalow offering an affordable opportunity to enjoy life on the water. Situated on an inlet just off the Trent-Severn Canal System leading into Canal Lake. Set on a generous 75' x 205' lease lot through Parks Canada, this well-maintained property combines tranquility, privacy, and beautiful natural surroundings. Inside, the home features an open-concept kitchen and living area with easy-care laminate flooring throughout. The exterior is equally low maintenance with durable vinyl siding and a steel roof, making this an ideal seasonal retreat. Enjoy your morning coffee on the 6' x 12' front deck or relax on the spacious 8.5' x 26' rear deck overlooking the yard and view of he water. A private dock at the shoreline provides direct access for boating, fishing, and exploring the renowned Trent Canal System. The area is rich with wildlife and natural beauty, creating the perfect escape from city life. Additional features include a drilled well, holding tank, and a highly affordable Parks Canada lease currently at $2,775 annually on a 5-year term (attached). Conveniently located just minutes from the historic Kirkfield Lift Locks, A rare chance to own an affordable waterfront getaway in a truly picturesque location. approximately 20 minutes to Beaverton or 90 minutes from the GTA.