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45 King Street, Rideau Lakes, ON K0E 1G0

Courtesy of EXP REALTY

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5 Beds
3 Baths
7 Parking

$895,000

Sale

Listed 21 days ago

45 King Street, Rideau Lakes, ON K0E 1G0

Detached

818 - Rideau Lakes (Bastard) Twp, Rideau Lakes, K0E 1G0· MLS® X13789034

About this home

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 Potential Operate 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.

Key facts

Property type
Detached
Parking
7
MLS®
X13789034
Basement
None
Lot size
210 × 148.5
Taxes
$4,300/yr
Bedrooms
5
Bathrooms
3
Kitchens
1
Basement
None
Heating
Radiant
Cooling
Central Air

Listing history

All MLS® listings recorded at this address.

DateTypeStatusList priceSold priceMLS®
2026-09-16SaleNew$895,000—X13789034
2025-09-11SaleTerminated$1,050,000—X12401113

Mortgage calculator

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Total cost of mortgage

$1,285,917

Estimated monthly

$4,286/mo

Estimates only, for illustration. Rates and terms vary by lender; confirm with a licensed mortgage professional. Listing courtesy of EXP REALTY.

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Listing courtesy of EXP REALTY. Data last updated Sep 16, 2026. Provided by Toronto Regional Real Estate Board (TRREB) via PropTx MLS® for personal, non-commercial use; deemed reliable but not guaranteed.

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