NewFor Sale

45 King Street
Rideau Lakes, Leeds and Grenville, ON, K0E 1G0

Detached
TRREB
MLS® Number: X13789034
Estimated Value
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$895,000List Price
5Bedrooms
3Bathrooms
3Garages
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Current valuation for 45 King Street, Rideau Lakes, ON K0E 1G0. Listed for $895,000 on 2026-11-02

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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 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.

Features

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Amenities

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Summary

Tax:$4,299.83 / 2025
Listing #:X13789034
Property Type:Detached, 2-Storey
Size:1500-2000 feet²
Land Size:210 x 148.5
Days on CPRB:
Garage:Detached 3 garage
Locker:None
On CPRB Since:
Listing Brokerage:EXP REALTY

Rooms

Details

Property

Property Type:Detached
Style:2-Storey
Community:818 - Rideau Lakes (Bastard) Twp
Municipality:Leeds and Grenville

Building

Size:1500-2000 feet²
Construction:Vinyl Siding, Wood

Inside

Bedrooms:5
Bedrooms Above Grade:5
Bathrooms:3
Kitchens:1
Family Room:Yes
Appliances Included:In-Law Suite
Basement:None

Parking

Garage Type:Detached
Garage Spaces:3
Total Parking Spaces:7

Utilities

Cooling:Central Air
Heating Type:Radiant
Heating Fuel:Propane
Utility Sewer:Septic

Land

Cross Street:MAIN STREET IN DELTA UPPER BEVERLEY LAKE

$895,000

List price

45 King Street, Rideau Lakes – 5 bed Detached for sale · MLS® # X13789034 | CPRB