20 Beckwith Street North

Smiths Falls, Ontario K7A 3B3
Commercial
$7,499,000
About the property

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 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, 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 & modern comforts, right down to the common areas.

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Price
$7,499,000
Lot Size
60 ' x 126.23 '
Zoning Code
Commericial
Gross Revenue
$628,769
Building Operating Expenses
$183,300
Net Operating Income
$445,469
Capitalization Rate
5.94%
20-Beckwith-Street—Amenities-Map

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20 Beckwith Street – Floorplans 1
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Experience

Smiths Falls

Welcome to Smiths Falls, where history whispers through Victorian streets and adventure beckons from tranquil waters and lush forests. Discover the perfect blend of relaxation and excitement at Hotel Rideau, yourluxurious retreat in the heart of this charming town.

Nestled along the serene banks of the historic Rideau Canal lies the charming town of Smiths Falls, your gateway to a world of natural beauty and cultural treasures. Welcome to a place where time seems to slow down, inviting you to unwind, explore, and create unforgettable memories.

The Town of Smiths Falls is a growing and vibrant rural Eastern Ontario community of 9,500 people. Just 1 hour from Ottawa and Kingston and less than 30 minutes to Perth, Carleton Place. Smiths Falls is a regional hub offering health care, education, recreation, shopping and dining services to the surrounding areas in Lanark County making it an ideal place to live, visit, and do business.

Cris Karson
Cris Karson
President, Commercial Acquisition and sales
[email protected]613.229.8571

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Cris Karson
President, Commercial Acquisition and sales
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