45 King Street
Rideau Lakes, ON
- 5 bed
- 3 bath
- approx. 1500-2000 sqft
- Detached
- 182 days on market
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
- March 5, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Vinyl Siding, Wood
- Roof
- Metal
- Foundation
- Concrete, Slab, Stone
- Interior
- In-Law Suite
- Lot Size
- 0.61 Acres
Parking
- Garage
- Detached
- Covered Spaces
- 3
- Total Parking
- 7
Utilities
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- MAIN STREET IN DELTA UPPER BEVERLEY LAKE
- Zoning
- N/A
- Parcel Number
- 441170243
- Possession
- Flexible
- Occupancy
- Vacant
Included
- Inclusions
- Dryer, Dishwasher, Stove x 2, Hoodfan x 2, Washer, Refrigerator x2.
- Rental Items
- Propane Tank
Waterfront
- Water Body
- Upper Beverley Lake
- Shoreline
- Weedy
- Docking
- Private
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
Residential Freehold in Rideau Lakes · last 12 months
- Median sold price
- $485,000
- Homes sold
- 225
- Median days on market
- 41
- Sale-to-list price
- 94.7%
Based on 225 recorded sales of residential freehold properties in Rideau Lakes over the last 12 months.
Rooms
2 × 3-piece, 4-piece
Second
- Bathroom11'2" x 10'2"
- Bedroom 217'5" x 13'5"
- Bedroom 311'2" x 10'6"
- Bedroom 414'5" x 10'6"
- Primary Bedroom16'5" x 11'2"
Main
- Bathroom9'6" x 4'3"
- Bathroom12'2" x 7'3"
- Bedroom12'6" x 8'6"
- Bedroom10'10" x 10'6"
- Dining Room13'1" x 11'2"
- Foyer22'4" x 7'3"
- Foyer7'10" x 7'7"
- Kitchen14'1" x 11'2"
- Kitchen15'5" x 8'10"
- Laundry13'5" x 7'7"
- Laundry7'3" x 4'11"
- Living Room27'3" x 10'6"
- Living Room17'1" x 9'2"
Listed by
EXP REALTY
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Location
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Mortgage Calculator
$199,980
Estimated Monthly Payment
$4,912
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $4,912/mo (20% down, 5.5%)
Taxes: $358/mo · Insurance: $250/mo
Estimates only. Consult a financial advisor.
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?