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$1,050,000

Est. payment - /mo

5 Beds

3 Baths

Active

45 King ST Rideau Lakes, ON K0E 1G0

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Jasmine Lee

jasmine@getjlt.com +1(416) 875-4880

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 818 - Rideau Lakes (Bastard) Twp

MLS Listing ID X12401113

Style 2-Storey

Bedrooms 5

Annual Tax Amount $4,299

Tax Year 2025

Property Sub-Type Detached

Property Description

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.

Location

Province ON

County Leeds And Grenville

Community 818 - Rideau Lakes (Bastard) Twp

Area Leeds And Grenville

Body of Water Upper Beverley Lake

Rooms

Family Room Yes

Basement None

Kitchen 1

Interior

Interior Features In-Law Suite

Cooling Central Air

Fireplace Yes

Heat Source Propane

Exterior

Exterior Feature Deck

Garage Spaces 3.0

Pool None

Waterfront Description Direct

Roof Type Metal

Road Frontage Municipal Road, Private Docking

Lot Frontage 210.0

Lot Depth 148.5

Total Parking Spaces 7

Building

Foundation Concrete, Slab, Stone

Others

ParcelsYN No

Virtual Tour https://youtu.be/_jUoLqGjMA4

Listed by EXP REALTY

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(OCT 29, 2025 - NOV 28, 2025)

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Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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45 King ST Rideau Lakes, ON K0E 1G0

Jasmine Lee

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45 King ST