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.
5 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $597 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 45 King St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
7 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
7
Interior
Basement
None
Lot & land
Lot size (sqft)
0.61
Listing & possession
Property style
2-Storey
Property class
Detached
45 King St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13789034$895,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 45 King St Compares to the Rideau Lakes Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,397
/mo
based on the purchase price of $895,000
$179,000 cash
$716,000 financed
$603,060 total interest
Principal54%$716,000
Interest46%$603,060
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Rideau Lakes
Other 4–5 bed homes for sale in Rideau Lakes around $895K.
Average days on market66Homes sold in about 66 days on average.
Sale-to-list ratio94.1%On average, homes sold below asking.
Active listings161Homes for sale here right now.
Median vs prior 90 days−13.1%Compared with May 5 – Aug 3, 2026: prices down.
Based on 75 sales from Aug 3 – Nov 1, 2026 (77 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 45 King St
How much is 45 King St listed for?
45 King St is listed at $895,000 (MLS® X13789034). Summitly updates the price as soon as the MLS® record changes.
Is $895,000 a good price for 45 King St?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Rideau Lakes. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 45 King St changed?
No — 45 King St is still listed at its original asking price of $895,000.
How many bedrooms and bathrooms does 45 King St have?
45 King St has 5 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Rideau Lakes.
How much would the monthly mortgage be on 45 King St?
About $4,397 a month — principal and interest on $895,000 with 20% down ($179,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 45 King St compare with other homes in Rideau Lakes?
Its asking price of $895,000 is about 91% above the median sold price in Rideau Lakes over the last 90 days, $469,000, across 75 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 45 King St been sold before?
Summitly has no earlier MLS® sale or lease of 45 King St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 45 King St?
45 King St is in Rideau Lakes, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 45 King St been on the market?
48 days — 45 King St was listed on September 14, 2026.
What is the price per square foot of 45 King St?
About $448 to $597 per square foot: the asking price of $895,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 45 King St have parking or a garage?
Yes — the listing gives 7 parking spaces. Garage: Yes.
Does 45 King St have a basement, and is it finished?
