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355 COUNTY ROAD 16 ROAD, Elizabethtown-Kitley, Ontario

$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:25961)

Listing ID: X13226012
Property Type: Multi-family

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Details

Features: Irregular lot size
Transaction: For sale
Zoning Description: COMMERCIAL

Building

Cooling: None
Fireplace Present: False
Type: Multi-Family
Utility Water: Drilled Well

Land

Size Frontage: 55 ft
Size Irregular: 0.289
Size Total: 0.289 ac

Listing provided by RE/MAX AFFILIATES MARQUIS
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 355 COUNTY ROAD 16 ROAD in Elizabethtown-Kitley Ontario. It was last modified on June 2nd, 2026. Contact Caroline Johnson to schedule a viewing or to discover other Elizabethtown-Kitley properties for sale.

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