CondoDigs.com
My Account

$895,000

5 Beds 3 Baths 1,500 SQFT 0.00 Acres
Type: Single Family

45 KING STREET
Rideau Lakes, ON K0E1G0

MLS#: X13789034
Jonathan Edwards
Jonathan Edwards
Condo Digs
Broker of Record
Phone: 416.843.7172
Office: 416.840.6300
Presented by: EXP REALTY

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 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. (id:7434)


 

Interior Features

Bedrooms

Bedrooms5

Other Interior Features

Basement TypeNone
Building Fireplace PresentTrue
Building Heating FuelPropane
Building Heating TypeRadiant heat
Construction Style AttachmentDetached
Living Area Range1,500 sqft

General

Building AppliancesDishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Building Cooling TypeCentral air conditioning
Building TypeHouse
Building.StoriesTotal2
CommunityName818 - Rideau Lakes (Bastard) Twp
EasementUnknown
FeaturesIn-Law Suite
Foundation TypeConcrete, Slab, Stone
Location DescriptionCross Streets: MAIN STREET IN DELTA UPPER BEVERLEY LAKE. ** 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.
Ownership TypeFreehold
Parking Space Total7
Property TypeSingle Family
Zoning DescriptionN/A

Exterior

Exterior FinishVinyl siding, Wood
SewerSeptic System
StructureDeck
ViewTypeDirect Water View
Water Front NameUpper Beverley Lake
Water Front TypeWaterfront on lake

Additional Details

  

Similar Properties

$895,000

5 Beds 3 Baths 1,500 SQFT 0.00 Acres
Type: Single Family

45 KING STREET
Rideau Lakes, ON K0E1G0

MLS#: X13789034
Jonathan Edwards
Jonathan Edwards
Condo Digs
Broker of Record
Phone: 416.843.7172
Office: 416.840.6300
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

© Copyright 2022 - Condo Digs - All Rights Reserved | Sitemap

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram