35 Cloverloft Court, Stittsville - Munster - Richmond, ON K2S 1T3

$789,000
6
BD
4
BA
1,100
SqFt

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List Price
$789,000
Price Change
▼ $1,131,000 1782145109
MLS#
X12811134
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
Bungalow-Raised
Bedrooms
6
Bathrooms
4
Living Area
1100-1500
Province
ON
Municipality
Stittsville - Munster - Richmond
Area
Ottawa
Neighborhood
8201 - Fringewood
Subdivision
Cloverloft Court And Fringewood Drive

Property Description

This property, known as Creekside Lofts, is adjacent to Poole Creek; it consists of one legal duplex rented out for medium term rentals (30 days or longer up to 180 days). Perfect for an investor or a sitting owner who wants to live in one unit and rent out the other. Alternatively, the property would be ideal for a multi-generational family or co-operative housing. Each furnished unit consists of three bedrooms and two baths. They typically rent as MTR (medium term rentals) for $3,500 per month per unit. Total potential revenue from existing duplex is $7,000 monthly ($84,000/year gross). The lot is exceptionally deep, and pie-shaped. Depth ranges 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 property is close to services, transit and jobs, 7-mins from the Canadian Tire Centre and there is a natural area behind the properties bordering Poole Creek which provides noise reduction, privacy and beauty. High Ranch construction means lower-level units is only 1/2 level down, has 8-foot ceiling height and large windows, good daylighting. Each unit is about 1,350 square feet, with separate ingress/egress. Total developed floor space of approximately 2,700 sq ft.

Additional Information

Taxes
$5,009
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Family Room
Yes
Kitchens
2
Exterior
Vinyl Siding
Waterfront Type
Direct
Garage Type
None
Pool
None
Parking Spaces
12

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Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.