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$789,000
Est. payment /mo
6 Beds
4 Baths
Price Dropped by $1.1M
35 Cloverloft CT Stittsville - Munster - Richmond, ON K2S 1T3
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 8201 - Fringewood
MLS Listing ID X12811134
Style Bungalow-Raised
Bedrooms 6
Annual Tax Amount $5,009
Tax Year 2025
Property Sub-Type Multiplex
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.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room Yes
Basement Apartment, Separate Entrance
Kitchen 2
Interior
Interior Features Guest Accommodations, In-Law Capability, In-Law Suite, Separate Hydro Meter, Water Heater
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Waterfront Description Direct
Roof Type Shingles
Lot Frontage 119.85
Lot Depth 155.0
Total Parking Spaces 12
Building
Unit Features Ravine
Foundation Poured Concrete
Others
ParcelsYN Yes
Virtual Tour https://youtu.be/QR8rQWq2PCA
Listed by ROYAL LEPAGE PERFORMANCE REALTY
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