35, 35A AND 37 CLOVERLOFT COURT, Ottawa
This property, known as Creekside Lofts, is adjacent to Poole Creek and consists of 3 parcels: 35 and 37 Cloverloft Court are legal duplexes rented out for medium term rentals (30 days or longer up to 180 days). 35A Cloverloft Court 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 two existing duplexes are $14,000 monthly ($168,000/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 which provides noise reduction, privacy and beauty. High Ranch construction means lower level units are only 1/2 level down, have 8-foot ceiling heights and have large windows, good daylighting. Each unit is about 1,350 square feet, all with separate ingress/egress. Existing interim income from the two developed lots 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 three PINs and three legal descriptions. (id:25961)
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Details
- Architectural Style: Raised bungalow
- Features: Ravine, Guest Suite, In-Law Suite
- Parking Spaces: 12
- Transaction: For sale
- View: Direct Water View
- Water Body Name: Poole Creek
- Zoning Description: R1D[2240]
Building
- Amenities: Separate Electricity Meters
- Appliances: Water Heater, Water meter, Blinds, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
- Architectural Style: Raised bungalow
- BasementType: N/A, N/A
- Basement Features: Apartment in basement, Separate entrance
- Bedrooms Main Level: 6
- Bedrooms Lower Level: 6
- Cooling: Central air conditioning
- Exterior Finish: Vinyl siding
- Fireplace Present: False
- Foundation: Poured Concrete
- Bathrooms (Total): 8
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 2500 - 3000 sqft
- Stories Total: 1
- Type: Other
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Depth: 155 ft
- Size Frontage: 119 ft ,10 in
- Size Irregular: 119.9 x 155 FT
This property for sale is located at 35, 35A AND 37 CLOVERLOFT COURT in Ottawa. It was last modified on April 7th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa homes for sale.
Listing provided by ROYAL LEPAGE PERFORMANCE REALTY
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