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:61445)
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 |
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Max Benda
Salesperson
59 Beckwith St N
Smith Falls, Ontario K7A 2B4
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June 11 2026 03:55:51
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