$7,499,000
Available - For Sale
Listing ID: X10411232
20 BECKWITH St North , Smiths Falls, K7A 3B3, Ontario
| 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. |
| Price | $7,499,000 |
| Taxes: | $90000.00 |
| Occupancy by: | Vacant |
| Address: | 20 BECKWITH St North , Smiths Falls, K7A 3B3, Ontario |
| Postal Code: | K7A 3B3 |
| Province/State: | Ontario |
| Legal Description: | PART LOTS 225, 226 & 227 N/S WILLIAM STR |
| Lot Size: | 60.00 x 126.23 (Feet) |
| Directions/Cross Streets: | Downtown Smiths Falls on the corner of Beckwith and William. |
| Category: | With Property |
| Use: | Hospitality |
| Business/Building Name: | Hotel Rideau |
| Net Income Before Debt: | $445469 |
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Dir:
416-828-2535
Bus:
647-462-9629
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Lanark |
| Municipality: | Smiths Falls |
| Neighbourhood: | 901 - Smiths Falls |
| Lot Size: | 60.00 x 126.23(Feet) |
| Tax: | $90,000 |
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