8201 - Fringewood Real Estate for Sale

Welcome to 53 Cloverloft Court, A family friendly neighbourhood just steps away from shopping, restaurants, pubs everything Stittsville has to offer. This home has just been fully remodeled from top to bottom, nothing to do here but just move in. Updates include,new membrane roof,2024 Mouse proofing 2023, Furnace 2022, All new Windows, Doors, Kitchen Cabinets, Bathroom Cabinets , New Plumbing fixtures, Hot Water Tank, Lighting, New Aluminium Siding, New Wood Deck & Stairs, All new doors and trim throughout, New Flooring, All- New Appliances, nothing has been left out. Buyers must be approved by the land lease company

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.

Pre-Inspected - Beautifully updated 3+1 bedroom hi-ranch bungalow on a spacious 60' x 100' lot in the heart of family-friendly Fringewood. With freshly painted exterior, new windows and new doors, this well-maintained home offers great curb appeal along with plenty of space inside and out. Step into the inviting foyer and head upstairs to a bright, sun-filled living room featuring a cozy fireplace. The spacious open-concept kitchen and dining area offers generous cabinetry and counter space, a window overlooking the backyard, and patio doors leading directly to your own private summer retreat. Outside, enjoy an expansive raised deck surrounding the above-ground pool, complete with a retractable awning for shade-an ideal setting for summer entertaining, family gatherings or simply relaxing at home. The main level features a comfortable primary bedroom, two additional bedrooms and a large family bathroom. Downstairs, the fully finished lower level adds valuable living space with a fourth bedroom, large recreation room with wood stove, convenient 2-piece bathroom and plenty of flexibility for a home office, guest space or growing family. Located in an established community close to excellent schools, parks, Fringewood Community Centre, shopping and everyday amenities, with Tanger Outlets and Canadian Tire Centre just minutes away. A wonderful opportunity to get into a detached home with a generous lot, finished lower level and backyard made for enjoying summer!