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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:28469)

Business

BusinessType Accommodation, Other
BusinessSubType Hotel, Other

Property Details

MLS® Number 1419203
Property Type Business
Neigbourhood Smiths Falls
ParkingSpaceTotal 35

Building

ConstructedDate 1901

Land

Acreage No
SizeDepth 126 Ft ,3 In
SizeFrontage 60 Ft
SizeIrregular 60 Ft X 126.23 Ft (irregular Lot)
SizeTotalText 60 Ft X 126.23 Ft (irregular Lot)
ZoningDescription Commericial