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Aneta Andrews

Broker
Re/Max Realty Enterprises Inc., Brokerage, Brokerage Independently owned and operated. 125 Lakeshore Road East, Mississauga, Ontario L5G 1E5 Office: 905-278-3500Fax: 1-888-407-8605Cell: 416-576-5339

$1,595,000
Available - For Sale
Listing ID: X12905290
393 & 3 Gold Creek Road , Drummond/North Elmsley, K0G 1K0, Lanark


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 $40,000 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.
Price $1,595,000
Taxes: $4701.79
Tax Type: Annual
Occupancy: Owner
Address: 393 & 3 Gold Creek Road , Drummond/North Elmsley, K0G 1K0, Lanark
Postal Code: K0G 1K0
Province/State: Lanark
Legal Description: PART LOT 10 CON 11 DRUMMOND; PART LOT 10
Directions/Cross Streets: Ferguson Falls Road
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: With Property
Use: Cabins/Cottages
Building Percentage: T
Total Area: 0.00
Retail Area Code: Sq Ft
Approximatly Age: 6-15
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: Variabl
Employees #: 1
Seats: 0
 Management Expense: 0
Water Expense: $0
Expenses Actual/Estimated: $Est
Sprinklers: No
Washrooms: 5
Outside Storage: T
Heat Type: Propane Gas
Central Air Conditioning: Yes
Sewers: Septic
Water: Drilled W
Water Supply Types: Drilled Well
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 SYNERGY REALTY INC.
Personal Picture
Aneta Andrews
Broker
Dir:
416-576-5339
Bus:
905-278-3500
Fax:
1-888-407-8605
 
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At a Glance:
Type: Com - Sale Of Business
Area: Lanark
Municipality: Drummond/North Elmsley
Neighbourhood: 908 - Drummond N Elmsley (Drummond) Twp
Style:
Lot Size: x 694.00(Feet)
Approximate Age: 6-15
Tax: $4,701.79
Maintenance Fee: $0
Beds: 0
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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