37 and 35A Cloverloft CT, Stittsville - Munster - Richmond, ON K2S 1T3
37 and 35A Cloverloft CT, Stittsville - Munster - Richmond, ON K2S 1T3
37 and 35A Cloverloft CT, Stittsville - Munster - Richmond, ON K2S 1T3
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Christine Domina

Christine Domina

Christine Domina - Real Estate Smarts

+1(416) 873-4747
$1,109,000
Est. payment /mo
6 Beds
4 Baths
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 8201 - Fringewood

MLS Listing ID X13588926

Style 1 1/2 Storey

Bedrooms 6

Annual Tax Amount $4,500

Tax Year 2025

Property Sub-Type Detached

Property Description

This property, known as Creekside Lofts, is adjacent to Poole Creek and consists of 2 parcels: 37 Cloverloft Court is a legal duplex rented out for medium term rentals (30 days or longer up to 180 days) and 35A Cloverloft Court, which is a vacant lot to be developed for up to 4 additional units. This listing is being sold as a package to a developer, investor or a sitting owner who wants to live in one unit and rent out the others. Alternatively, the property would be ideal for a multi-generational family compound or co-operative housing. Each furnished unit consists of three bedrooms and two baths. They typically rent for $3,500 per month per unit. Total potential revenue from the existing duplexes are $7,000monthly ($84,000/year gross) plus additional revenue from the development potential of the currently vacant lot (with up to four more units).The lots are exceptionally deep and all are pie-shaped, Depths ranges are from 145.7 to 164.4 feet. Zoning is R1D[2240]: Primarily single detached dwelling plus the addition of a secondary dwelling units. As of 2025-2026, many R1 zones are transitioning to new "N series"(Neighbourhood) zones that allow up to 4 units per lot. Subject properties are close to services and jobs, 7-mins from the Canadian Tire Centre and there is a natural area behind the properties bordering Poole Creek (drains to Carp River) which provides noise reduction, privacy and beauty. High Ranch construction means lower level unit is only 1/2 level down, has 8-foot ceiling height and large windows, good daylighting. Each unit is about 1,350 square feet, each with separate ingress/egress. Existing interim income from the developed lot increases a buyer's ROI/IRR (return on investment/internal rate of return). Lastly, a buyer could legally add some 15 sq m (161.5 sq ft) backyard or sideyard workshops or mancaves or she-sheds or backyard offices to further boost both utility, tenant stickiness and ROI/IRR. There are two PINs and two legal descriptions.

Location

Province ON

County Ottawa

Area Ottawa

Body of Water Carp River

Rooms

Family Room Yes

Basement Finished

Kitchen 2

Interior

Interior Features Accessory Apartment

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Pool None

Waterfront Description Direct

View Park/Greenbelt, Water

Roof Type Asphalt Shingle

Topography Sloping

Road Frontage Year Round Municipal Road

Lot Frontage 85.3

Lot Depth 155.0

Total Parking Spaces 6

Building

Unit Features School Bus Route,Greenbelt/Conservation

Foundation Concrete

Others

ParcelsYN Yes

Virtual Tour https://youtu.be/QR8rQWq2PCA

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Listed by ROYAL LEPAGE PERFORMANCE REALTY

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Christine Domina

Christine Domina

+1(416) 873-4747

Realtor | License ID: 9603994

Realtor License ID: 9603994

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