NewFor Sale

355 County Road 16 Road
Elizabethtown-Kitley, Leeds and Grenville, ON, K0G 1G0

Investment
TRREB
MLS® Number: X13226012
$1,200,000List Price
InvestmentProperty Type
0.289 acresSize
$2,771.72 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 355 County Road 16 Road, Elizabethtown-Kitley, ON K0G 1G0

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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.

Features

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Amenities

No amenities available

Summary

Tax (Annual):$2,771.72 / 2025
Listing #:X13226012
Property Type:Investment
Size:0.289 acres
Land Size:55 x 180
Days on CPRB:
Garage:Double Detached
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX AFFILIATES MARQUIS

Rooms

Details

Property

Property Type:Investment
Community:814 - Elizabethtown Kitley (Old K.) Twp
Municipality:Leeds and Grenville

Building

Size:0.289 acres

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Double Detached
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Propane Gas

Land

Cross Street:Jasper St. and County Rd. 16

$1,200,000

List price

355 County Road 16 Road, Elizabethtown-Kitley – Investment for sale