368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com
35, 35A and 37 Cloverloft Court, Stittsville - Munster - Richmond, ON K2S 1T3
$1,920,000
  • Sale
  • Multiplex
  • 8 hours ago
  • Updated: 2026-02-23

Overview

  • Multiplex
  • 6 + 6
  • 8
  • 12
  • 2500-3000
  • N/A

Description

This property, known as Creekside Lofts, is adjacent to Poole Creek and consists of 3 parcels: 35 and 37 Cloverloft Court are legal duplexes rented out for medium term rentals (30 days or longer up to 180 days). 35A Cloverloft Court 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 two existing duplexes are $14,000 monthly ($168,000/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 which provides noise reduction, privacy and beauty. High Ranch construction means lower level units are only 1/2 level down, have 8-foot ceiling heights and have large windows, good daylighting. Each unit is about 1,350 square feet, all with separate ingress/egress. Existing interim income from the two developed lots 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 three PINs and three legal descriptions.

Details

  • X12811134
  • 12
  • $1,920,000
  • Tenant
  • None
  • 2 + 2
  • 2-Storey
  • 6 + 6
  • 8
  • 2500-3000 Sqft
  • 8173 SquareFeet
  • N/A
  • Multiplex
  • Sale

Additional details

  • Forced Air / Gas
  • R1D[2240]
  • $9509
  • 2025
  • PLAN 4M371 PT LOT 17 RP 4R35075 PARTS 1 TO 4
  • N/A
  • N
  • 8173
  • Apartment,Separate Entrance
  • Central Air
  • Ravine
  • Municipal

Schools Nearby

Mortgage Calculator

  • Total Amount
  • Down Payment
  • Loan Term
  • Interest Rate
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Land Transfer Tax
  • CMHC

FAQ

  • What is the total square footage of the X12811134 - 35, 35A and 37 Cloverloft Court, Stittsville - Munster - Richmond, ON K2S 1T3?

    The total square footage of this property is 2500-3000 SqFt.

  • What schools near to X12811134 - 35, 35A and 37 Cloverloft Court, Stittsville - Munster - Richmond, ON K2S 1T3?

    .

RoofUp
Logo