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$1,200,000
Status: For Sale
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X13226012 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :11 Jun, 2026 (56 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Leeds and Grenvi |
|---|---|
| Postal Code | : K0G 1G0 |
| Price | : $1,200,000 |
|---|---|
| Property Taxes | :$2771.72 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :No |
|---|---|
| Heating | :Propane Gas |
| Cross Street | :Jasper St. and County Rd. 16 |
01 Jun, 2026
TREB #X13226012
Listed
$1200000.0
