10 MELVILLE DRIVE, Ottawa, Ontario K2J2E9

10 MELVILLE DRIVE
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Introducing a brand-new detached development with THREE above-grade apartment dwelling units, each with their own entrances, in-suite laundry and separately metered utilities. With two 4-bed, 2-bath units and one 2-bed, 1-bath unit, this rare turnkey investment offers exceptional income potential and modern design. With a projected gross annual income of $86,400 and a one-year developer warranty, this is a dream investment property. Energy-efficient systems, including high-efficiency heat pumps with backup electric heating and tankless water heaters, keep operating costs low. An attached garage spot offers additional income potential through separate rental. Located just minutes from top-rated schools, public transit, major arterial routes, and Highway 416, this property ensures strong tenant demand. With no rent control due to new-build exemption, investors can take full advantage of market-driven rents and a healthy ROI. Expected completion date is July 2026. STILL UNDER CONSTRUCTION. Gas and Hydro is separately metered, builder can also separate water meters.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Garage door opener remote(s)
BasementNone
Bathrooms Total5
Bedrooms Total10
CoolingCentral air conditioning
HeatingForced air, Natural gas

Building & Exterior

Building FeaturesSeparate Electricity Meters, Separate Heating Controls
Exterior FeaturesSteel, Stone
Foundation DetailsPoured Concrete
Parking FeaturesAttached Garage, Garage
Stories3.0

Land & Location

City Region7701 - Barrhaven - Pheasant Run
Community FeaturesSchool Bus
Frontage Length29.1 feet
Lot FeaturesLighting, Carpet Free
Lot Size Dimensions29.1 x 120 FT

Listing & Financials

Listing OfficeAVENUE NORTH REALTY INC.
Originating System NameOttawa Real Estate Board

Other Specifications

Common InterestFreehold
CountryCanada
Parking Total3

For Sale

$1,449,000

10 MELVILLE DRIVE, Ottawa, Ontario K2J2E9

Beds

10

Baths

5

Living Area

-

Lot Size

-

Property Type

House

Year Built

-

Listing IDX12595688

Location & Map

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