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    For Sale - 37 and 35A Cloverloft Court, Stittsville - Munster - Richmond, Ontario

    Est payment $5,325/mo
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    Views   7
    Time on Jump  79 day

    AI Summary *

    • Package deal with a duplex for medium-term rentals and a vacant lot for development.
    • Each unit has three bedrooms and two baths, ideal for rentals or family living.
    • Potential to generate $84,000 annually from existing duplex rentals plus future units.
    • Deep, pie-shaped lots provide privacy with a natural area bordering Poole Creek.
    • Zoning allows for additional units, workshops, or offices to increase rental potential.




    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.
    Listing IDX13588926
    Address37 and 35A Cloverloft Court
    CityStittsville - Munster - Richmond, Ontari…
    Price$1,109,000
    Bed / Bath6 / 4 Full
    Style1 1/2 Storey, Detached
    ConstructionAluminum Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Accessory ApartmentAmenities School Bus Route, Greenbelt/ConservationOwnership FreeholdViews Park/Greenbelt, WaterWaterfront DirectBasement FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Brokerage: ROYAL LEPAGE PERFORMANCE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    37 And 35a Cloverloft Court
    Stittsville - Munster - Richmond , Ontario
    6 4 $1,109,000
    Get more info