$1,200,000
355 County Road 16 Road, Elizabethtown-Kitley, ON K0G 1G0
— beds— baths
Key facts
- MLS®
- X13226012
- Status
- New
- Type
- Investment
- Taxes
- $2,772
- Listed
- 2026-06-02
- Brokerage
- RE/MAX AFFILIATES MARQUIS
- Cross street
- Jasper St. and County Rd. 16
Description
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.