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:49712)
| MLS® Number | X13226012 |
| Property Type | Multi-family |
| Community Name | 814 - Elizabethtown Kitley (Old K.) Twp |
| Features | Irregular Lot Size |
| Cooling Type | None |
| Type | Multi-family |
| Utility Water | Drilled Well |
| Acreage | No |
| Size Depth | 180 Ft |
| Size Frontage | 55 Ft |
| Size Irregular | 0.289 |
| Size Total | 0.289 Ac |
| Size Total Text | 0.289 Ac |
| Zoning Description | Commercial |
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