$895,000
Est. payment $3,963/moCalculate yours
45 King Street, Rideau Lakes, ON K0E 1G0
818 - Rideau Lakes (Bastard) Twp, Rideau Lakes, ON K0E 1G0
- 5 Beds
- 3 Baths
- 3 Garage
- 1,500 Sq Ft
Listing courtesy of EXP REALTY 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.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Radiant (Propane)
- Cooling
- Central Air
- Exterior
- Vinyl Siding, Wood
- Foundation
- Concrete, Slab, Stone
- Roof
- Metal
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 210 x 148.5 Feet
- Parking
- Detached garage · 7 total
- Zoning
- N/A
Financial
- Property Taxes
- $4,300 (2025)
Location
- Neighbourhood
- 818 - Rideau Lakes (Bastard) Twp
- Cross Street
- MAIN STREET IN DELTA UPPER BEVERLEY LAKE
- Direction Faces
- South
Listing
- MLS® Number
- X13789034
- Days on Market
- 34
- Listed On
- 2026-09-14
- Possession
- TBD
- Listed By
- EXP REALTY
Rooms
Features
Interior
- In-Law Suite
Pool
- None
- Included
- Dryer, Dishwasher, Stove x 2, Hoodfan x 2, Washer, Refrigerator x2.
- Rental items
- Propane Tank
Mortgage calculator
Estimated mortgage payment
$3,963 per month
- Principal and interest
- $3,963
- Property tax
- $358
- Condo fees
- $0
- Estimated monthly cost
- $4,321
Your mortgage
- Mortgage amount
- $716,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $472,860
Cash to close
- Down payment
- $179,000
- Land transfer tax
- $14,375
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $193,375
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.