20 Beckwith Street N Lanark, 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:43934)

Property Details

MLS® Number	X10442346
Property Type	Multi-family
Neigbourhood	Smiths Falls
Community Name	901 - Smiths Falls
CommunityFeatures	Community Centre
ParkingSpaceTotal	35

Building

BasementDevelopment	Finished
BasementType	Full (finished)
ExteriorFinish	Brick
FoundationType	Concrete
HeatingFuel	Natural Gas
HeatingType	Heat Pump
Type	Multi-family
UtilityWater	Municipal Water

Land

Acreage	No
Sewer	Sanitary Sewer
SizeDepth	126 Ft ,2 In
SizeFrontage	60 Ft
SizeIrregular	Unit=60 X 126.23 Ft ; 1
SizeTotalText	Unit=60 X 126.23 Ft ; 1
ZoningDescription	Commericial

https://www.realtor.ca/real-estate/27619716/20-beckwith-street-n-lanark-901-smiths-falls