| Bathrooms2 | Bedrooms6 |
| Property TypeSingle Family | Built in1982 |
|
Welcome to 7 Cloverloft Court, a LEGAL multi-family property in the popular northeast corner of Stittsville, 4 minutes to the highway & Canadian Tire Centre. Brand new legal basement apartment SDU. 2x 3-Bedroom units. ~6% Cap rate projection with a profitable balance sheet. Main floor estimated at $2,095 per month; a flagship unit for an investor’s multi-family portfolio. Or, if you’re looking for a primary residence, enjoy the enormous utility of this home all for yourself. The lower unit has an intelligently designed 3-bedroom layout and is poised to earn ~$1895 per month. An ultra-efficient gas boiler system provides economical and reliable heat and hot water for both units. At current rents and interest rates, cashflow over 30 years exceeds $168,000. If we see only 5% annual growth over 30 years, this property could be worth over $2.9 million by the time it’s paid in full. Great cashflow now, incredible cash flow later: ~$462/mth @5.5% interest; $1,202/mth @3% (25% down/30yrs). (id:46094) Please visit : Multimedia link for more photos and information |
| Amenities NearbyPublic Transit, Recreation Nearby, Shopping | OwnershipFreehold |
| Parking Spaces4 | TransactionFor sale |
| Zoning DescriptionR1D |
| Bedrooms Main level3 | Bedrooms Lower level3 |
| AppliancesRefrigerator, Dishwasher, Dryer, Stove, Washer | Architectural StyleRaised ranch |
| Basement DevelopmentFinished | BasementFull (Finished) |
| Constructed Date1982 | Construction Style AttachmentDetached |
| CoolingWall unit | Exterior FinishBrick, Siding |
| FlooringMixed Flooring, Tile, Vinyl | FoundationPoured Concrete |
| Bathrooms (Half)0 | Bathrooms (Total)2 |
| Heating FuelNatural gas | HeatingHot water radiator heat |
| Storeys Total1 | TypeHouse |
| Utility WaterMunicipal water |
| Size Frontage64 ft ,11 in | AmenitiesPublic Transit, Recreation Nearby, Shopping |
| SewerMunicipal sewage system | Size Depth99 ft ,8 in |
| Size Irregular64.93 ft X 99.7 ft |
| Level | Type | Dimensions |
|---|---|---|
| Lower level | Kitchen | 11'0" x 10'3" |
| Lower level | Living room/Dining room | 23'0" x 11'4" |
| Lower level | Bedroom | 15'10" x 11'1" |
| Lower level | Bedroom | 13'1" x 11'4" |
| Lower level | Bedroom | 11'0" x 10'7" |
| Lower level | 4pc Bathroom | Measurements not available |
| Main level | Kitchen | 9'6" x 7'11" |
| Main level | Living room | 15'10" x 14'6" |
| Main level | Dining room | 8'3" x 8'1" |
| Main level | 4pc Bathroom | Measurements not available |
| Main level | Bedroom | 11'9" x 11'0" |
| Main level | Bedroom | 11'8" x 8'10" |
| Main level | Bedroom | 11'0" x 9'1" |
Listing Office: KELLER WILLIAMS INTEGRITY REALTY
Data Provided by Ottawa Real Estate Board
Last Modified :27/01/2023 10:11:25 PM
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