Waterfront
Address
37 And 35a Cloverloft Court, Ottawa, ON
Price
$ 1,109,000
Property Attributes
- ID#X13588926
- TypeSingle Family
- Listing Status Active
- MunicipalityOttawa
- CityOttawa
- Neighbourhood8201 - Fringewood
- Postal CodeK2S 1T3
- StyleSingle Family Dwelling
- Price$ 1,109,000
- Bedrooms6
- Bathrooms4
- Half Bathrooms0
- Sqr Footage1500
Data Source:
RLP - CREA EN
Property Description
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.
General Features
| Zoning | R1D[2240] |
|---|---|
| Terms | SALE |
| Neighbourhood | 8201 - Fringewood |
| Construction Style | Detached |
| Property Sub Type | Single Family |
| jumpId | 28765477 |
| Property Subtype French | Single Family Dwelling |
| Listing Type French | House |
| MLS | X13588926 |
| Appliances | Water meter, Blinds, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
| Building Type | House |
| Features | Sloping, Conservation/green belt |
| Property Type | Single Family |
| Sewer | Sanitary sewer |
Interior Features
| Living Area Range | 1500 sqft |
|---|---|
| Bedrooms | 6 |
| Basement | Finished |
| Basement Type | N/A |
| Cooling Type | Central air conditioning |
| Foundation Type | Concrete |
| Heating Fuel | Natural gas |
| Heating Type | Forced air |
| Beds | 6 |
| Total Baths | 4 |
| Total Baths | 4 |
Exterior Features
| Exterior Finish | Aluminum siding |
|---|---|
| Parking Type | No Garage |
| Waterfront | yes |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in K2S 1T3
Price
Data provided by the Ontario Regional Technology & Information Systems. The information is deemed reliable, but is not guaranteed. Not intended to solicit buyers or sellers, landlords or tenants currently under contract.
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