355 COUNTY ROAD 16 ROAD, Elizabethtown-Kitley
$1,200,000
For sale: Multiplex
- Property type
- Investment
- MLS®
- MLS® X13226012
- Neighbourhood
- 814 - Elizabethtown Kitley (Old K.) Twp
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.
Sold data
Homes in Elizabethtown-Kitley — recent sold market
Homes in Elizabethtown-Kitley took a median of 49 days to sell over the last 90 days, with the quickest quarter selling within 27 days and the slowest quarter taking more than 81, across 35 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $469,900.
Homes sold for about 5.0% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
- Median days to sell
- 49
- Median sale price
- $469,900
- Sale-to-list ratio
- 95.0%
- Sold above asking
- 6%
Based on 35 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
Homes for sale near 355 COUNTY ROAD 16 ROAD
$1,199,888
Multiplex61 PEARL STREET E, 810 - Brockville, Brockville
$1,250,000
Multiplex531,500–2,000 sqft93 GILMOUR STREET, 4104 - Ottawa Centre/Golden Triangle, Ottawa
$1,425,000
Multiplex532,500–3,000 sqft14 SOMERSET STREET W, 4104 - Ottawa Centre/Golden Triangle, Ottawa
$1,050,000
Multiplex6+231,500–2,000 sqft95 BARRETTE STREET, 3402 - Vanier, Ottawa
$974,000
Detached321,500–2,000 sqft27 DIANE DRIVE, 820 - Rideau Lakes (South Elmsley) Twp, Rideau Lakes
$799,000
Detached4+121,100–1,500 sqft1271 DRUMMOND SCHOOL ROAD, 908 - Drummond N Elmsley (Drummond) Twp, Drummond/North Elmsley
$1,199,888
Detached322,000–2,500 sqft14 THOMAS STREET, 810 - Brockville, Brockville
$990,000
Detached5+231,100–1,500 sqft2700 PRISCILLA STREET, 6102 - Britannia, Ottawa