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45 King Street

Rideau Lakes, ON K0E 1G0
  • $999,900
  • STATUS: Active
  • ON SITE: 47 Days
  • ID#: X12851276
UPDATED: 32 min ago
$999,900
  • 5
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1500-2000
    SQFT
Type:
Single-Family Home
County:
On
Area:

School Ratings & Info

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.

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Listing information © 2026 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or The Neil McIntyre Real Estate Team | Re/Max Realty Services Inc.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2026-04-22T10:43:30.267.
www.searchgreatertoronto.com/homes/173747806
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45 King Street Rideau Lakes, ON K0E 1G0

  • Price: $999,900
  • Status: Active
  • On Site: 47 Days
  • Updated: 32 min ago
  • ID#: X12851276
5
Beds
3
Baths
0
½ Baths
N/A
Acres
1500-2000
SQFT
$571
$/SQFT
Neighbourhood:
818 - Rideau Lakes (Bastard) Twp
County:
On
Area:
Rideau Lakes
Property 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.
Exterior Features

Architectural Style 2-Storey Construction Materials Vinyl SidingWood Exterior Features Deck Foundation Details ConcreteSlabStone Garage Type Detached Garage YN Yes Pool Features None Roof Metal

Interior Features

Basement None Bedrooms Above Grade 5 Central Vacuum YN No Cooling Central Air Den Familyroom YN Yes Ensuite Laundry YN No Fireplace YN Yes Heat Type Radiant Interior Features In-Law Suite Kitchens Above Grade 1 Kitchens Total 1 Rooms Foyer (Main Level) Dining Room (Main Level) Kitchen (Main Level) Living Room (Main Level) Bathroom (Main Level) Laundry (Main Level) Bedroom (Main Level) Primary Bedroom (Second Level) Bathroom (Second Level) Bedroom 2 (Second Level) Bedroom 3 (Second Level) Bedroom 4 (Second Level) Foyer (Main Level) Kitchen (Main Level) Living Room (Main Level) Bedroom (Main Level) Laundry (Main Level) Bathroom (Main Level) Rooms Above Grade 9 Washrooms Type1 2 Washrooms Type1 Pcs 3 Washrooms Type2 1 Washrooms Type2 Pcs 4

Property Features

Access To Property Municipal RoadPrivate Docking Alternative Power Unknown Covered Spaces 3 Direction Faces South Docking Type Private Heat Source Propane Lot Depth 148.5 Lot Size Units Acres Occupant Type Vacant Parking Spaces 4 Parking Total 7 Property Sub Type Detached Property Type Residential Freehold Sewer Septic Shoreline Weedy Special Designation Unknown Tax Annual Amount 4299.83 Tax Legal Description BAST PLAN 153 BLK E LOT 37-38 PT DICK ST AS IN 360594 Tax Year 2025 Transaction Type For Sale Water Body Name Upper Beverley Lake Water Body Type Lake Water Frontage Ft 177.13 Water View Direct Waterfront Direct Waterfront Accessory Not Applicable Waterfront Features Other Waterfront YN Yes

Listing courtesy of EXP REALTY.
Listing information © 2026 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or The Neil McIntyre Real Estate Team | Re/Max Realty Services Inc.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2026-04-22T10:43:30.267.
 
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