Hotel Rideau | 20 Beckwith St N
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Hotel Rideau 20 Beckwith St N
25 Room Hotel Smiths Falls, ON K7A 2B3 $7,499,000 CAD ($299,960 CAD/Room) 5.94% Cap Rate
Investment Highlights
- Historic building completely restored from top to bottom.
- 10' ceilings
- Comprised of 3 commercial units and 25 residential units
Executive Summary
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.
Property Facts
| Price | $7,499,000 CAD | Building Size | 24,252 SF |
| Price Per Room | $299,960 CAD | No. Rooms | 25 |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 5.94% | Year Built/Renovated | 1901/2022 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 1.44/1,000 SF |
| Building Class | B | Corridor | Interior |
| Price | $7,499,000 CAD |
| Price Per Room | $299,960 CAD |
| Sale Type | Investment |
| Cap Rate | 5.94% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Building Size | 24,252 SF |
| No. Rooms | 25 |
| No. Stories | 3 |
| Year Built/Renovated | 1901/2022 |
| Tenancy | Single |
| Parking Ratio | 1.44/1,000 SF |
| Corridor | Interior |
Amenities
- Fitness Center
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 25 | $165.00 CAD | - |
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Walk Score ®
Very Walkable (89)
zoning
| Zoning Code | C (Commercial) |
| C (Commercial) |
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Hotel Rideau | 20 Beckwith St N
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