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$ 7,499,000
Est. payment | /mo
$ 7,499,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision 901 - Smiths Falls
MLS® Listing ID X10442346
Originating Board Ottawa Real Estate Board
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. (id:24570)
Location
State ON
Interior
Heating Heat Pump
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Total Parking Spaces 35
Private Pool No
Building
Sewer Sanitary sewer
Listed by EXP REALTY