20 Beckwith Street N Smiths Falls, Ontario K7A 3B3

$7,499,000

Welcome to Luxury Living at the Iconic Hotel Rideau in the heart of Smiths Falls. This historic building has been completely restored from top to bottom, keeping the old world charm of the 1901 piece of history while offering all of the elegance of modern luxury. A solid asset (CAP rate 5.94%!) that's been fully renovated & is a turn key investment. Operated as a hotel in the past & can easily be converted back to a hotel. Amenities include keyless entry, fitness room, meeting room, laundry & BBQ area, 35 outdoor parking spaces, storage lockers. Comprised of 3 commercial units, 25 residential units boasts soaring 10' ceilings, large crown mouldings, quartz counters in the kitchen & bathroom, pot lights, open concept floor plan & oversized windows. Not a detail has been overlooked w/the high end finishes. Reminiscent of days gone by, a perfect balance has been struck between the heritage feel of the building & modern comforts, right down to the common areas. (id:37553)

Business

Business Type Accommodation, Other
Business Sub Type Hotel, Other

Property Details

MLS® Number 1419203
Property Type Business
Neigbourhood Smiths Falls
Parking Space Total 35

Building

Constructed Date 1901

Land

Acreage No
Size Depth 126 Ft ,3 In
Size Frontage 60 Ft
Size Irregular 60 Ft X 126.23 Ft (irregular Lot)
Size Total Text 60 Ft X 126.23 Ft (irregular Lot)
Zoning Description Commericial

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