Homes for sale - 45 KING STREET, Rideau Lakes, ON K0E1G0

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $700

Subdivision 818 - Rideau Lakes (Bastard) Twp

MLS Listing ID X12401113

Bedrooms 5

Property Sub-Type Freehold

Source Ottawa Real Estate Board

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. (id:24570)

Location

Province ON

Lake Name Upper Beverley Lake

Rooms

Kitchen 2.0

Extra Room 1 Second level 3.4 m X 3.2 m Bedroom 3

Extra Room 2 Second level 4.4 m X 3.2 m Bedroom 4

Extra Room 3 Second level 5 m X 3.4 m Primary Bedroom

Extra Room 4 Second level 3.4 m X 3.1 m Bathroom

Extra Room 5 Second level 5.3 m X 4.1 m Bedroom 2

Extra Room 6 Main level 6.8 m X 2.2 m Foyer

Interior

Heating Radiant heat

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N Yes

View Direct Water View

Total Parking Spaces 7

Private Pool No

Building

Story 2

Sewer Septic System

Water Upper Beverley Lake

Others

Ownership Freehold

Virtual Tour https://youtu.be/_jUoLqGjMA4