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$1,109,000
Ontario,Ottawa
For Sale Active
37 AND 35A CLOVERLOFT COURT, Ottawa, Ontario K2S1T3
  • 6
  • 4
  • 1100 - 1500Square Feet
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13588926
  • Price: $1,109,000
  • Bedrooms: 6
  • Bathrooms: 4
  • View: View of water
  • Square Footage: 1100 - 1500 Sqft
  • Status: Active
  • Office Name: ROYAL LEPAGE PERFORMANCE REALTY
  • Property Sub Type: Single Family
  • Office Key: 49864
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, N/A
  • Parking: No Garage
  • Exterior Features: Aluminum siding
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
  • Waterfront Features: Waterfront on creek
Address Map
  • Location: CA, Ontario, Ottawa, K2S1T3
  • Street: Cloverloft
  • Street Number: 37 and 35A
  • Street Suffix: Court
  • Longitude: W76° 5' 5.1''
  • Latitude: N45° 16' 39.6''
Additional Information
  • Water Body Name: Carp River
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 85.3 x 155 FT
  • Stories: 1.5
Financial
  • Tax Annual Amount: 4500
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Listing updated: 2026-07-24 12:07:25
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Listing Information
  • List Agent Key: 1746136
  • List Office Key: 49864
  • Modification Timestamp: 2026-07-21T17:30:06Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-07-21T17:22:51Z
Powered by REALTOR.ca
Listing updated: 2026-07-24 12:07:26
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