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Maha Shahbazian

maha@ottawarealestate.com +1(613) 862-6242

Est. payment | -/mo

6 Beds

4 Baths

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Est. payment | -/mo

Save Virtual Tour

6 Beds

4 Baths

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

State ON

County Ottawa

Area Ottawa

Zoning R1D[2240]

Body of Water Carp River

Rooms

Family Room Yes

Basement Finished

Kitchen 2

Interior

Interior Features Accessory Apartment

Cooling Central Air

Inclusions All units have Refrigerator, Stove, Dishwasher, Washer, Dryer, Microwave, Window Blinds, Air Exchanger, Furnace (owned), A/C, Electrical Panels 100 Amps, On Demand Hot Water (Owned). All units are occupied ATM. 37A has a brand new LG Dryer.

Exterior

Pool None

Waterfront Description Other

View Park/Greenbelt, Water

Roof Type Asphalt Shingle

Road Frontage Year Round Municipal Road

Lot Frontage 85.3

Lot Depth 155.0

Total Parking Spaces 6

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN Yes

Virtual Tour https://youtu.be/QR8rQWq2PCA

Listed by ROYAL LEPAGE PERFORMANCE REALTY

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+1(613) 862-6242

maha@ottawarealestate.com

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

Maha Shahbazian

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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37 and 35A Cloverloft CT

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