Gurvinder Nokwal REALTOR®
For Sale Detached 34 days on market

$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

Room Level Dimensions
Foyer Main 22′ 4″ × 7′ 3″
Bedroom 3 Second 11′ 2″ × 10′ 6″
Bedroom Main 10′ 10″ × 10′ 6″
Living Room Main 17′ 1″ × 9′ 2″
Laundry Main 13′ 5″ × 7′ 7″
Foyer Main 7′ 10″ × 7′ 7″
Living Room Main 27′ 3″ × 10′ 6″
Bedroom 2 Second 17′ 5″ × 13′ 5″
Bathroom Main 12′ 2″ × 7′ 3″
Bedroom 4 Second 14′ 5″ × 10′ 6″
Dining Room Main 13′ 1″ × 11′ 2″
Bathroom Main 9′ 6″ × 4′ 3″
Primary Bedroom Second 16′ 5″ × 11′ 2″
Kitchen Main 14′ 1″ × 11′ 2″
Laundry Main 7′ 3″ × 4′ 11″
Bathroom Second 11′ 2″ × 10′ 2″
Bedroom Main 12′ 6″ × 8′ 6″
Kitchen Main 15′ 5″ × 8′ 10″

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

Minimum for this price: $64,500 (7.21%)

Amortization, years

Estimated mortgage payment

$3,963 per month

Principal and interest
$3,963
Property tax
$358
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
Total, before legal fees
$193,375
Talk to me about financing

Estimates 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

45 King Street, Rideau Lakes, ON K0E 1G0 818 - Rideau Lakes (Bastard) Twp, Rideau Lakes, ON K0E 1G0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$895,000 45 King Street, Rideau Lakes, ON K0E 1G0
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