393 & 399 GOLD CREEK ROAD, Drummond/North Elmsley, Ontario, K0G1K0

Property Description

Welcome to 393 & 399 Gold Creek Road! This successful Airbnb (with Superhost status) is nestled on approximately 2.7 acres of private, treed land with 195 feet of Mississippi River frontage. The main house (393 Gold Creek Road) can accommodate up to 14 guests with 3 bedrooms and 2.5 baths, on-site laundry, and a beautifully designed custom layout. The kitchen is fully equipped, featuring maple cabinetry, stainless appliances, glass backsplash, and a large island for prep and gathering. A wrap-around deck and covered veranda extend the living space outdoors, while the oversized 3-season gym offers panoramic water views and stunning sunsets. The upper-level primary suite provides a private retreat with river views, walk-in closet, and ensuite bath. Your guests can enjoy their stay to the fullest with an above-ground pool surrounded by expansive decking, hot tub, sauna and a covered tiki-style wet bar. The secondary dwelling (399 Gold Creek Road) is now ready to be rented and offers huge growth potential with a newly installed dedicated septic system. With its own private laneway, double car garage, 2 bedrooms and 1.5 baths, you can expand your accommodations for guests and increase your revenue, or live onsite to manage the Airbnb. There has been approximately $600,000 in gross revenue since the business began in July 2020; this is without the carriage house being rented. On average, the gross income annually ranges between $80,000-$150,000, with approximately $27,000 in operating costs. There are approximately $48,500 in confirmed Airbnb bookings for this season which would be transferred to the new owner upon closing. A full set of books can be provided upon an accepted offer. This property offers a unique investment opportunity in an idyllic setting with an already established Airbnb business. 24 hrs irrevocable on all offers. (id:64974)

Quick Facts

• Property Type: Business
• Bedrooms: None
• Bathrooms: 5
• Parking: 10.0 spaces
• Lot Size: 2.7000 acres (1.09 ha)
• Frontage: 214 ft (65.3 m)

Costs

• Annual Taxes: $4,701.79

Listing Provided by: CENTURY 21 SYNERGY REALTY INC.
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.