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Smiths Falls,ON K7A 3B3
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10411232
Annual Tax Amount $90,000
Tax Year 2023
Property Description
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.
Location
Province ON
County Lanark
Zoning Commericial
Rooms
Family Room No
Interior
Cooling Unknown
Exterior
Pool None
Utilities Available Unknown
Roof Type Unknown
Parking Type Unknown
Others
Security Features Unknown
Pets Description Unknown