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Royal LePage
Royal LePage
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$1,200,000

355 COUNTY ROAD 16 ROAD, Elizabethtown-Kitley, Ontario, K0G 1G0

MLS® # X13226012

Elizabethtown-Kitley ON, K0G 1G0

MLS® # X13226012

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Features: Irregular lot size
  • Irregular: Yes
  • Lot Depth: 180 Feet
  • Lot Frontage: 55 Feet
  • Lot Size: 0.29 Acres
  • Zoning: COMMERCIAL

Courtesy of: RE/MAX AFFILIATES MARQUIS

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 355 COUNTY ROAD 16 ROAD, Elizabethtown-Kitley, Ontario, K0G 1G0

Demographic Information of 355 COUNTY ROAD 16 ROAD, Elizabethtown-Kitley, Ontario, K0G 1G0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$118,715.64

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.82 %

High school certificate or equivalent

35.72 %

Apprenticeship trade certificate/diploma

10.72 %

College/non-university certificate

30.51 %

University Degree

10.23 %

Commuter

Travel To Work

By Car

91.65 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

8.35 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.23 %

Houses

99.77 %

Own Vs. Rent

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