- 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:50982)
Ask About This Property
Get more information or schedule a viewing today and see if this could be your next home. Our team is ready to help you take the next step.
Details
| MLS® Number | X13226012 |
| Property Type | Multi-family |
| Community Name | 814 - Elizabethtown Kitley (Old K.) Twp |
| Features | Irregular Lot Size |
| Cooling Type | None |
| Size Exterior | 6200 Sqft |
| Size Interior | 6,200 Ft2 |
| Type | Multi-family |
| Utility Water | Drilled Well |
| Acreage | Yes |
| Size Depth | 180 Ft |
| Size Frontage | 55 Ft |
| Size Irregular | 6200 |
| Size Total | 6200 Ac |
| Size Total Text | 6200 Ac |
| Zoning Description | Commercial |
Map
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 04:24:12
Ottawa Real Estate Board
RE/MAX Affiliates Marquis