Stittsville - Munster - Richmond - 8201 - Fringewood
Stittsville - Munster - Richmond - 8201 - Fringewood
Sold For$630,000
Listed For $649,900
Sold Feb 2023
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 Ove
* Values are estimates only and not a guarantee of lending or affordability.
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