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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).
Property Details
| Property Type | Duplex |
|---|---|
| Property Style | Bungalow-Raised |
| Square Feet | |
| Property Tax | $3,643 |
| Maintenance | N/A |
| Days On Our Website | 25 |
| Basement | Apartment |
| Kitchens | 1 |
| Garages | 0.0 |
| Lot Dimensions | 64.99 x 100.00 |
| Pool | None |
| Area | Ottawa |
| Fireplaces | N |
| Air Conditioning | Wall Unit |
| Heating | Gas - Water |
| Exterior | Brick - Vinyl Siding |
| Garage Type | None |
| Sewers | Sewers |
| Water | Municipal |
Room Information
| Floor | Room | Dimensions | Description |
Bathroom Information
| Floor | Description |
| Main | 1 x 4 piece |
| Lower | 1 x 4 piece |
Listing Office: KELLER WILLIAMS REALTY CENTRES, BROKERAGE
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