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45 King Street
homes for sale · Rideau Lakes · Rideau Lakes (Bastard) Twp
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$895,000

45 King Street

Rideau Lakes (Bastard) Twp, Rideau Lakes · MLS® X13789034

537

House · Single Family · 39 days on market

listed by Julian Hyams, EXP REALTY

realtor's 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.

similar homes nearby

property details

type
House, Single Family
bedrooms
5
bathrooms
3
parking
7
property tax
$4,300 / yr
days on market
39
MLS®
X13789034

features

  • In-Law Suite
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer

monthly cost

$4,258/mo
Mortgage $3,899 · Tax $358

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$3,899/ monthly
loan $716,000
25-year amortization
total interest
$453,829
cash to close
$179,000
down payment; transfer tax and fees not included
total paid
$1,169,829

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Julian Hyams
EXP REALTY
call Julian · 613-791-7760
Powered by: REALTOR.ca
▶ virtual tour

location

Rideau Lakes (Bastard) Twp, Rideau LakesGoogle Maps ↗

location

Rideau Lakes (Bastard) Twp, Rideau LakesGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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