45 KING STREET, Rideau Lakes, Ontario, K0E1G0

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:64974)

Quick Facts

• Property Type: House (Freehold)
• Bedrooms: 5 (5 above)
• Bathrooms: 3
• Ownership: Freehold
• Attached: No
• Fireplaces: Yes
• Parking: 7 spaces (Detached Garage, Garage)

Costs

• Annual Taxes: $4,299.83

Listing Provided by: EXP REALTY
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.