20 Beckwith St N - Hospitality FOR SALE


Smiths Falls, ON K7A 2B3
$7,499,000 CAD
613-229-8571
20 Beckwith St N, Smiths Falls, ON for Sale
$7,499,000 CAD
Hospitality - FOR SALE
1/3
null | 5.94% Cap Rate

20 Beckwith St N
Smiths Falls, ON K7A 2B3


HIGHLIGHTS

  • Historic building completely restored from top to bottom.
  • Comprised of 3 commercial units and 25 residential units
  • 10' ceilings

OVERVIEW

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 ofmodern luxury. A solid asset that's been fully renovated and is a turn key investment. Amenities include keyless entry, fitness room, meeting room, onsite laundry & BBQ area, 35 outdoor parking spaces, storage lockers. Comprised of 3 commercial units plus 25 residential units boasts soaring 10' ceilings, large crown mouldings, quartz counters in the kitchen and bathroom, pot lights, open concept floor plan and oversized windows. Not a detail has been overlooked with the high end finishes, which are the same throughout the building. Reminiscent of days gone by, a perfect balance has been struck between the heritage feel of the building and modern comforts, right down to the common areas.

FOR SALE DETAILS

PRICE

$7,499,000 CAD

PRICE/SF

$309 CAD /SF

# OF ROOMS

25

PRICE/ROOM

$299,960 {currency}

CAP RATE

5.94%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel Rideau

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1901

PARKING SPACES

35

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C

APN/PARCEL ID

0904010015020000000

ASK ABOUT THIS PROPERTY

Cris KarsonMetroCity Property GroupMore Info
613-229-8571

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Cris KarsonMetroCity Property GroupMore Info
613-229-8571

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.