
House For Sale
$999,900
MLS® Number: X12851276
Bedrooms
5
Bathrooms
3
House For Sale
$999,900
Bedrooms
5
Bathrooms
3
45 KING STREET, Rideau Lakes, Ontario
About This Property
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.
Property Details
Interior Details
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Basement
None
Bathrooms Total
3
Bedrooms Total
5
Cooling
Central air conditioning
Fireplace
True
Heating
Radiant heat, Propane
Building & Exterior
Exterior Features
Wood, Vinyl siding
Foundation Details
Stone, Concrete, Slab
Parking Features
Detached Garage, Garage
Stories
2.0
Land & Location
City Region
818 - Rideau Lakes (Bastard) Twp
Lot Features
In-Law Suite
Lot Size Dimensions
210 x 148.5 Acre
Postal Code
K0E1G0
View
Direct Water View
Listing & Financials
Listing Office
EXP REALTY
Originating System Name
Ottawa Real Estate Board
Other Specifications
Common Interest
Freehold
Country
Canada
Parking Total
7
Waterfront Features
Waterfront on lake
Listed By
EXP REALTY
Mortgage Calculator
Estimated Monthly Payment
$4,912
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$4,912
Principal and interest only. Actual rates may vary.