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7 Cloverloft Ct

Cloverloft Ct, Stittsville, Ottawa, ON, K2S 1T2

6
Beds
2
Baths
-
$XXX,XXX
Details
Photos
30
Comparables
History
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Welcome to 7 Cloverloft Court, a CASH FLOW focused LEGAL multi-family property in the popular northeast corner of Stittsville, 4 minutes to the highway & Canadian Tire Centre. Brand new basement apartment SDU. 2x 3-Bedroom units. ~6.16% Cap rate projected with excellent cash flow. Main floor estimated at $2,095 per month; a flagship unit...

Welcome to 7 Cloverloft Court, a CASH FLOW focused LEGAL multi-family property in the popular northeast corner of Stittsville, 4 minutes to the highway & Canadian Tire Centre. Brand new basement apartment SDU. 2x 3-Bedroom units. ~6.16% Cap rate projected with excellent cash flow. Main floor estimated at $2,095 per month; a flagship unit for an investor’s 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 $200,000. If we see only 5% annual growth over 30 years, this property could be worth over $2.8 million by the time it’s paid in full. Great cashflow now at ~$569/mth @5.5% interest and incredible cash flow later at $1,281/mth @3% (25% down/30yrs).

Property Details

Size

Sq. Ft. Not Available
13 total rooms
6 Beds
3 Above Grade - 3 Below Grade
2 Baths
2 Full

Parking

4 Parking Spaces
Shared Driveway, Surfaced

Lot

Size
64′11″ * 99′8″
Acres
-

Build

Year Built
1982
Model Name
-
Basement
Fully Finished
Exterior
Brick, Siding
Foundation
Poured Concrete
Builder Name
-
Stories
-
Flooring
Vinyl, Mixed, Tile
Roof
Asphalt Shingle

Heating & Cooling

Heating
Hot Water
Cooling
Wall Unit

Utilities

Water
Municipal
Sewer
Sewer Connected
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Rooms

Kitchen

7′11″ x 9′6″

Living Rm

14′6″ x 15′10″

Dining Rm

8′1″ x 8′3″

Bath 4-Piece

Bathroom

Bedroom

11′0″ x 11′9″

Bedroom

8′10″ x 11′8″

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Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Taxes

Property Tax Year
2022-01-01
Property Tax Amount
$3,643

Source

Listing Brokerage

MLS® Listing
1325916
Last Updated
August 10, 2023
Brokerage
KELLER WILLIAMS INTEGRITY REALTY
Call us 800-591-0566

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