355 County Road 16 Road
Elizabethtown-Kitley, ON
- 0.29 sqft
- Investment
- 103 days on market
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.
Listing Details
- Taxes (2025)
- $2,772
- Listed
- June 1, 2026
Price History
Property
- Lot Size
- 55 x 180 Feet
Parking
- Garage
- Double Detached
Utilities
- Water
- Drilled Well
Location & Legal
- Cross Street
- Jasper St. and County Rd. 16
- Zoning
- COMMERCIAL
- Parcel Number
- 441350235
- Possession
- 60-89 days
- Occupancy
- Tenant
Community
Postal area K0G
- Population
- 39,862
- Private dwellings
- 19,411
- Median age
- 50.4
- Average household size
- 2.4
- Median household income
- $94,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Elizabethtown-Kitley · last 12 months
- Median sold price
- $459,900
- Homes sold
- 129
- Median days on market
- 38
- Sale-to-list price
- 96.6%
Based on 129 recorded sales of commercial properties in Elizabethtown-Kitley over the last 12 months.
Listed by
RE/MAX AFFILIATES MARQUIS
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Annual property tax
- $2,772
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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