Address
45 King Street, Rideau Lakes, ON
Price
$ 949,500

Your Agent

Christine Thibeau

Sales Representative

343-800-5290


Listing provided by Christine Thibeau, Sales Representative, REMAX Boardwalk

Property Attributes
  • ID#X13750364
  • TypeSingle Family
  • Listing Status New
  • CityRideau Lakes
  • Area818 - Rideau LakesTwp
  • NeighbourhoodRideau LakesTwp
  • Postal CodeK0E 1G0
  • Style2-Storey
  • Taxes$ 4299
  • Price$ 949,500
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1500
Data Source:
CANADA - Ottawa Real Estate Board (OREB)(VOW ONLY) - 659 - CAN
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.

Price History
9/7/2026 Listed $949,500

General Features

Sewer Septic
Cooling Central Air
Roof Metal
Architectural Style 2-Storey
Pool Features None
Construction Materials Vinyl Siding,Wood
Waterview Direct
Heater Type Radiant
Parking Spaces 4
Property Subtype Detached
Tax Year 2025
Lot Depth 148.5
Waterfront Features Other
County Leeds and Grenville
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction South
Garage Y/N Yes
Status New
Directions From Highway 15 turn left on County Road 5. Then turn right on County Road 8. Finally,turn left on County Road 42/King St. In 5KM,the destination is on your left.
City Rideau Lakes
Body of Water Upper Beverley Lake
Disclosures Unknown
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 4299.83
Virtual Tour https://youtu.be/_jUoLqGjMA4
Standard Status Active
Occupancy Type Vacant
Legal Description BAST PLAN 153 BLK E LOT 37-38 PT DICK ST AS IN 360594

Interior Features

Interior Amenities In-Law Suite
Basement None
Heat Source Propane
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N Yes
Total Bedrooms 5
Elevator? No
Total Baths 3
Bedrooms 5
Living Area Range 1500-2000

Exterior Features

Exterior Amenities Deck
Waterfront Direct
Total Parking 7.0
Garage Type Detached
Lot Size Area 0.61
Foundation Details Concrete,Slab,Stone
Spa No
Lot Size Source MPAC
Waterfront Y/N Yes
Covered Spaces 3.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in K0E 1G0

Price
AVG $730K
$950K
Taxes
AVG $3,306
$4,299

Your Agent

Christine Thibeau

Sales Representative

343-800-5290


Listing provided by Christine Thibeau, Sales Representative, REMAX Boardwalk

Listed By
EXP REALTY