Set on approximately 12 acres along the beautiful Otonabee River, this unique Tourism Commercial (TC) zoned property offers an incredible opportunity just 10 minutes from Peterborough and approximately 2 hours to the GTA. Featuring three separate cottages positioned side by side, this versatile waterfront property is ideal for multi-generational living, investors, short-term rental opportunities, or future tourism-based development.The main A-frame cottage is beautifully finished and offers 3 bedrooms, 2 bathrooms, an open-concept layout, newer shingles, a spacious deck, and hot tub overlooking the peaceful surroundings. The second cottage features 1 bedroom, 1 bathroom, and a durable metal roof, making it perfect for guests or rental income. The third cottage is designed with flexibility in mind, offering 5 bedrooms, 2 bathrooms, 2 kitchens, open-concept living spaces, separate entrances, covered deck, hot tub, propane furnace, and potential duplex capability.The property also includes a drywalled 3-bay garage with a metal roof, private boat launch, and endless possibilities for future growth. Tourism Commercial zoning opens the door to a wide range of permitted uses, including additional cottages, potential trailer park opportunities, and future primary or secondary dwelling development (buyer to complete their own due diligence).Whether you're looking to create a family compound, expand a hospitality business, or invest in a one-of-a-kind waterfront property with exceptional potential, this rare offering delivers space, flexibility, and opportunity in a highly desirable location. Turnkey. Everything included. Cottages are registered with AirBnb. Currently has $65K of bookings for summer season.