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45 King Street

45 King Street

Rideau Lakes, ON

5 bed • 2 bath • 5,609 sqft • Investment • 343 days on market

$1,050,000

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 Details

Taxes (2025)
$4,300
Listed
September 11, 2025

Price History

Listing history

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Property

Lot Size
0.61 Acres

Utilities

Sewer
Septic

Location & Legal

Cross Street
MAIN STREET IN DELTA UPPER BEVERLEY LAKE
Zoning
N/A
Parcel Number
441170243
Possession
Flexible

Commercial

Business Type
Hotel/Motel/Inn
Occupancy
Vacant

Included

Inclusions
Dryer, Dishwasher, Stove x 2, Hoodfan x 2, Washer, Refrigerator x2
Rental Items
Propane Tank

Community

Postal area K0E

Population
39,649
Private dwellings
18,426
Median age
49.6
Average household size
2.4
Median household income
$83,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Rideau Lakes · last 12 months

Median sold price
$499,900
Homes sold
220
Median days on market
41
Sale-to-list price
94.8%

Based on 220 recorded sales of commercial properties in Rideau Lakes over the last 12 months.

Listed by

EXP REALTY

Location

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