355 County Road 16 Road, Elizabethtown-Kitley, ON K0G1G0
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Listing Type
Multi Family
Listing Status
Active
19
$1,200,000
Home Details for 355 County Road 16 Road
Price
$1,200,000
Type
Residential Income
Lot size acres
6200
Listing #
X13226012
Property 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. (id:31684)
Property Features
Cooling Information
None
Listing Courtesy: RE/MAX AFFILIATES MARQUIS
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