Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X12851284

45 King Street, Rideau Lakes, ON K0E 1G0

Rideau Lakes, ON K0E 1G0

$999,900 Est. $4,247/mo · 20% down, 25-yr, 4.09%
5Beds
2Baths
210 × 149 ftLot
InvestmentType

About this property

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 Summary

Property TypeInvestment
Community Name818 - Rideau Lakes (Bastard) Twp
Land Size210 x 148.5 ft
Annual Property Taxes$4,299.00
Tax Year2025
Parking TypeOther Garage

Building details

Bedrooms5
Bathrooms / washrooms2
Kitchens1
Property typeInvestment

Lot & land

Lot dimensions210 × 149 ft
Lot frontage210 ft
Lot depth149 ft

Interior Features

InclusionsDryer, Dishwasher, Stove x 2, Hoodfan x 2, Washer, Refrigerator x2.

Building Features

StyleInvestment

Rental Equipment

Rental equipmentPropane Tank

Heating & Cooling

CoolingYes
Heating TypeRadiant

Utilities

Utility SewerSeptic

Parking

Parking TypeOther Garage

Taxes & fees

Annual taxes$4,299 (2025)

Listing history

On market sinceMar 5, 2026

Location

Rideau Lakes, ON K0E 1G0
Listed by EXP REALTY, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
45 King Street, Rideau Lakes, ON K0E 1G0