355 County Road 16 Road Elizabethtown-Kitley, Ontario K0G 1G0
$1,200,000
CASH COW INVESTMENT OPPORTUNITY - Welcome to 355 County Road 16, Jasper, Ontario - the former historic Jasper Hotel, thoughtfully converted into a 9-unit residential income property offering strong cash flow and long-term investment potential. This unique building combines small-town charm with stable rental income and features a diverse unit mix consisting of: 1 x Three-Bedroom Townhouse-Style Apartment, 2 x One-Bedroom Apartments, 3 x Studio Apartments, 3 x Single Rooms. Situated in the heart of Jasper, this landmark property has been repurposed into cozy apartments; investors will appreciate the multiple income streams. The property's location offers the perfect balance of rural living and urban accessibility. Residents enjoy a peaceful small-town setting while remaining just minutes from Smiths Falls and within easy reach of Ottawa. Sports and entertainment enthusiasts will appreciate being only a 49-minute drive from the home of the Ottawa Senators, Canadian Tire Centre, making NHL games, concerts, and major events easily accessible. (id:59524)
Property Details
| MLS® Number | X13226012 |
| Property Type | Multi-family |
| Community Name | 814 - Elizabethtown Kitley (Old K.) Twp |
| Features | Irregular Lot Size |
Building
| CoolingType | None |
| Type | Multi-family |
| UtilityWater | Drilled Well |
Land
| Acreage | No |
| SizeDepth | 180 Ft |
| SizeFrontage | 55 Ft |
| SizeIrregular | 0.289 |
| SizeTotal | 0.289 Ac |
| SizeTotalText | 0.289 Ac |
| ZoningDescription | Commercial |
Get 20+ years of home-buying secrets I’ve used with over 500 clients, so you can get your dream home for the price you want
Access For FreeInterested?
Contact us for more information about this listing.
"*" indicates required fields
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 02 2026 12:24:00
RE/MAX Affiliates Marquis