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, one-year developer warranty, Tarion 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 November 2026. STILL UNDER CONSTRUCTION. Gas and Hydro is separately metered, builder can also separate water meters. Listing price reflective of HST rebate.
Address
10 Melville Drive
List Price
$1,399,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
3-Storey
Transaction Type
Sale
Area
Barrhaven
Sub-Area
7701 - Barrhaven - Pheasant Run
Region
Ottawa
Bedrooms
10
Bedrooms (Total)
10
Rooms Above Grade
22
Bathrooms
5
Floor Area
3000-3500 Sq. Ft.
Lot Depth
120.01
Lot Size Units
Feet
Lot Width
29.1
Parcel Number
046070157
Occupant Type
Vacant
Cross Street
Jockvale & Fable
Approx. Age
New
MLS® Number
X13609902
Listing Brokerage
AVENUE NORTH REALTY INC.
Basement Area
None
Postal Code
K2J 2E9
Posession Details
November 2026
Parking Places (Total)
3
Parking Spaces
2
Tax Amount
$1,106.78
Tax Year
2026
Site Influences
Landscaped, Lighting, Park, Public Transit, School, School Bus Route
Exterior Features
Lighting, Landscaped
Interior Features
Auto Garage Door Remote, Carpet Free, Separate Heating Controls, Separate Hydro Meter
Property Features
Park, School, School Bus Route, Public Transit
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Other
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Stone, Metal/Steel Siding
Direction Faces
South
Fireplace
No
Foundation Details
Poured Concrete
Garage
Yes
Garage Type
Attached
Covered Spaces
1
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PART BLOCK D PLAN M196 PART 9 4R32420 CITY OF OTTAWA
Waterfront
No
Sewer
Sewer
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