Listed for:Listed Sep 14, 2026
$895,000

45 King Street

Rideau Lakes (Rideau Lakes, Bastard Twp), ON K0E 1G0

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 45 King Street, Rideau Lakes, Rideau Lakes (Bastard) Twp

No listing history available

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About 45 King Street, Rideau Lakes, Rideau Lakes (Bastard) Twp

Summarized Description

  • Profitable turn-key short-term rental business
  • Waterfront property with private dock
  • Fully furnished with historic charm
  • 5-bedroom main house accommodating 12 guests
  • Guesthouse suite with full amenities
  • Expansion potential for additional income units
  • Strong proven revenue between $85,000 to $110,000
  • Prime location near local attractions and festivals

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,300
Land Transfer Tax Fee
$14,375

Rental Items

Rental Equipment
Propane Tank

Basement Type
None

Interior Features

Interior Extras
In-Law Suite
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Vinyl Siding, Wood
Roof
Metal
Foundation Details
Concrete, Slab, Stone
Special Designation
Unknown

Lot

Lot Front
210.00 ft
Lot Depth
148.50 ft
Lot Size
0.61

Inclusions

Inclusions
Dryer, Dishwasher, Stove x 2, Hoodfan x 2, Washer, Refrigerator x2.

Parking & Garages

Garage Type
Detached
Garage Spaces
3
Parking Spaces
4
Total Garage And Parking Spaces
7

Heating & Cooling

Heat Source
Propane
Heat Type
Radiant
Air Conditioning
Central Air
Water
Well
Sewers
Septic

Bedrooms
5
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Foyer—
    Main level
  • Bedroom 3—
    Second level
  • Bedroom—
    Main level
  • Living Room—
    Main level
  • Laundry—
    Main level
  • Foyer—
    Main level
  • Living Room—
    Main level
  • Bedroom 2—
    Second level
  • Bathroom—
    Main level
  • Bedroom 4—
    Second level
  • Dining Room—
    Main level
  • Bathroom—
    Main level
  • Primary Bedroom—
    Second level
  • Kitchen—
    Main level
  • Laundry—
    Main level
  • Bathroom—
    Second level
  • Bedroom—
    Main level
  • Kitchen—
    Main level

Washrooms

  • 3-piece
  • 4-piece

Municipality
Rideau Lakes
Neighbourhood
Rideau Lakes (Bastard) Twp
Main cross streets
MAIN STREET IN DELTA UPPER BEVERLEY LAKE
Zoning
N/A
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.
Waterfront
Direct

MLS® number
X13789034
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-14
Updated on
2026-09-16
Days on market
31 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
eXp Realty

Home Market Value

Current home valuation for 45 King Street, Rideau Lakes, Rideau Lakes (Bastard) Twp, Rideau Lakes, ON. Listed for $895,000

HOMEH Estimate

?

$849,761

Estimated Sales Range

?

$655,659 - $1,210,235

HOMEH Estimate for 45 King Street, Rideau Lakes, Rideau Lakes (Bastard) Twp

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$849,761Low confidence
Based on 3 comparable properties
+ $45,239 (5%) above our estimate
See the full analysisFree Every recent nearby sale behind this number
Approximate location — on this street
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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Rideau Lakes, ON
Minimum Down Payment Required:7.2%

5% on first $500K + 10% on $395,000 over $500K

Minimum down payment

$64,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$33,187$24,971$21,301$0
=Total mortgage
$862,852$830,471$782,051$716,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,213monthly$4,055monthly$3,818monthly$3,496monthly
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Land Transfer Tax

Provincial

$14,375

Total Land Transfer Tax

$14,375

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