37 and 35A Cloverloft Court

About this home

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.

Details

Type

Detached

Style

1 1/2 Storey

Size

1100-1500 sq ft

Lot

85.3 × 155 ft

Basement

Finished

Garage

None

Kitchens

2

Property tax

$4,500 (2025)

Neighbourhood

8201 - Fringewood

Municipality

Stittsville - Munster - Richmond

Price per sq ft

$853 (109% above detached houses in Stittsville - Munster - Richmond, $408)

Interior

Bedrooms

6 above ground

Bathrooms

4 × 3-piece

Rooms

14 above ground

Family room or den

Yes

Fireplace

No

Features

Accessory Apartment

Heating, cooling and services

Heating

Forced Air, Gas

Air conditioning

Central Air

Water and sewer

Sewer

Building and exterior

Style

1 1/2 Storey

Exterior

Aluminum Siding

Roof

Asphalt Shingle

Foundation

Concrete

Faces

West

Waterfront

Direct

Parking

Total parking

6

Lot

Size

85.3 × 155 ft (pie)

More

Possession

Flexible

Nearby

School Bus Route, Greenbelt/Conservation

Cross street

Cloverloft Court and Fringewood Drive