$ 895,000

45 King Street, Rideau Lakes

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. Coach house & 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. (id:1945)
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Property details for 45 King Street, Rideau Lakes

Type
Commercial
Bedrooms
5
Bathrooms
2
Living Area
5,609 square feet
Lot Size
Bldg=210 x 148.5 FT
Parking
Other
Heating
Radiant heat
Cooling
Fully air conditioned
Annual Taxes
$4,300

Nearby Listings Stat

Estimated price and comparable properties near 45 King Street

Active Listings
1
Min Price
$895,000
Max Price
$895,000
Avg Price
$895,000
Days on Market
25
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Price History

Listed
September 16, 2026
by EXP REALTY
Current Price
$895,000
-5.7% from last change
Type
Commercial
For Sale
Price Changes
2
Date Price Change
Current $895,000 $54,500 (-5.7%)
Sep 16, 2026 $949,500 $50,400 (-5%)
Sep 7, 2026 $999,900 Listed

Contact Agent Get in touch about 45 King Street, Rideau Lakes

Julian Hyams
Julian Hyams
EXP REALTY

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