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355 County Road 16 Road Elizabethtown-Kitley, Ontario K0G 1G0

6,200 ft2
None Acreage

$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:37351)

Property Details

MLS® Number X13226012
Property Type Multi-family
Community Name 814 - Elizabethtown Kitley (Old K.) Twp
Features Irregular Lot Size

Building

CoolingType None
SizeExterior 6200 Sqft
SizeInterior 6,200 Ft2
Type Multi-family
UtilityWater Drilled Well

Land

Acreage Yes
SizeDepth 180 Ft
SizeFrontage 55 Ft
SizeIrregular 6200
SizeTotal 6200 Ac
SizeTotalText 6200 Ac
ZoningDescription Commercial

https://www.realtor.ca/real-estate/29837920/355-county-road-16-road-elizabethtown-kitley-814-elizabethtown-kitley-old-k-twp

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Max Benda
Salesperson

(613) 284-7710

RE/MAX Affiliates Marquis
59 Beckwith St N
Smiths Falls, Ontario K7A 2B4

(613) 283-2121

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