7 Cloverloft Crt , Ottawa

3+3 Bed / 2 Bath / $674,900 / MLS® Listing #:X5866395

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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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