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Home ON Rideau Lakes
45 KING STREET
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45 KING STREET $1,050,000
6 days ago
$1,050,000
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45 KING STREET
Rideau Lakes, Ontario K0E1G0

MLS® Number: X12401113
5
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing Description

Discover Kingsgate Lake House, a rare opportunity to own a profitable, turn-key short-term rental business on Upper Beverley Lake in Delta, Ontario. Built in 1853, this fully furnished property blends historic charm with modern amenities and an 8+ year track record of strong rental income. Main House: A beautifully maintained 5-bedroom home accommodating up to 12 guests.Guesthouse Suite: 1-bedroom with full kitchen, living, bath, laundry, and private deck overlooking the lake. Perfect for guests or as an on-site Owners Suite.Coachhouse & Loft: 3-car garage plus a spacious finished loft, roughed-in for kitchen and bath ready to convert into a third income-generating unit.Waterfront Lifestyle: Private dock with canoe, 2 kayaks, and paddle boat. Hot tub, firepit, BBQ, gardens, and expansive outdoor entertaining spaces.Proven revenue of $85,000 to $110,000 annually so far and can be increased once the third unit is added.Established listings on Airbnb & VRBO with excellent reviews and loyal repeat guests.Turn-key systems: dedicated cleaning team, handyman support, automated check-in/out, and fully stocked with linens, kitchenware, and furnishings.Growth PotentialOperate up to three rentable units for diversified income.Expand revenue with weddings, retreats, corporate events, and film opportunities.Grow direct bookings beyond Airbnb/VRBO.Prime Location in Delta, Ontario. Just steps from grocery, LCBO, and cafes, and home to the Old Stone Mill National Historic Site. Festivals like the Maple Syrup Festival, Delta Fair, and Harvest Festival keep guests returning year after year. Conveniently located 30 minutes from Kingston & Brockville, 1.5 hours from Ottawa, and 2.5 hours from Montreal.Lifestyle + Investment Part of the UNESCO Rideau Canal corridor. Kingsgate Lake House offers both a profitable business and the chance to own a piece of Canadian history. Operate, expand, and enjoy a lifestyle investment that pays for itself.Turn-key. Profitable. Expansion-ready. (41258316)

Location Description

MAIN STREET IN DELTA UPPER BEVERLEY LAKE

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
1500 - 2000 sqft
Community Name
818 - Rideau Lakes (Bastard) Twp
Title
Freehold
Land Size
210 x 148.5 Acre
Annual Property Taxes
$4,299.83
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
6 days

Building

Bedrooms
Above Grade
5
Bathrooms
Total
3
Interior Features
Appliances Included
Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Building Features
Features
In-Law Suite
Foundation Type
Concrete, Slab, Stone
Style
Detached
Rental Equipment
Propane Tank
Structures
Deck
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Radiant heat (Propane)
Utilities
Utility Sewer
Septic System
Exterior Features
Exterior Finish
Vinyl siding, Wood
Parking
Parking Type
Detached Garage, Garage
Total Parking Spaces
7

Measurements

Square Footage
1500 - 2000 sqft

Rooms

MetricImperial
Main level
Foyer
Foyer
Kitchen
Living room
Bedroom
Dining room
Laundry room
Bathroom
Kitchen
Living room
Bathroom
Laundry room
Bedroom
Second level
Bedroom 3
Bedroom 4
Primary Bedroom
Bathroom
Bedroom 2

Land

Lot Features
View
Direct Water View
Other Property Information
Access
Public Road, Private Docking
Easements
Unknown
Waterfront Features
Waterfront
Waterfront
Waterfront Name
Upper Beverley Lake
Access
Private Docking
Data provided by: Ottawa Real Estate Board

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