Welcome to 1148 Fifth Lake Road, Parham, Ontario a rare and exceptional waterfront property offering over 21 acres of natural beauty on the shores of Fifth Depot Lake. Currently operating as Pineridge Cottages, this turnkey cottage rental business features a spacious 1,700 sq ft log home with 3 bedrooms and 3 bathrooms, ideal as an owner's residence or central gathering space. The property includes 11 fully equipped cottages nine 2-bedroom and two 3-bedroom units each with water, sewer, electricity, a lake view, and their own fire pit, offering a private yet communal lakeside experience. A large sandy beach provides the perfect spot for swimming, relaxing, or gathering with guests, while a separate boat docking area ensures easy water access. Recreational amenities include kayaks, canoes, paddleboards, and motorboat rentals, enhancing the vacation appeal. This well-maintained property is perfect as an established rental business, a private family compound, or a group purchase for friends seeking a shared retreat. Located just an hour north of Kingston and about two hours west of Ottawa, the property offers peace, privacy, and convenience in one of Ontario's most scenic settings. With strong rental history, excellent guest reviews, and the infrastructure already in place, this is a one-of-a-kind opportunity to own a piece of lakefront paradise with both business potential and personal enjoyment in mind. (id:55581)