Address
10 Melville Drive, Ottawa, ON
Price
$ 1,399,000
Property Attributes
  • ID#X13609902
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityOttawa
  • CityOttawa
  • Neighbourhood7701 - Barrhaven - Pheasant Run
  • Postal CodeK2J 2E9
  • StyleSingle Family Dwelling
  • Price$ 1,399,000
  • Bedrooms10
  • Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3500
Data Source:
RLP - CREA EN
Property Description

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.

General Features

Terms SALE
Neighbourhood 7701 - Barrhaven - Pheasant Run
Construction Style Detached
Property Sub Type Single Family
jumpId 28820849
Property Subtype French Single Family Dwelling
Listing Type French House
MLS X13609902
Appliances Garage door opener remote, Dishwasher, Dryer, Stove, Washer, Refrigerator
Building Type House
Features Lighting, Carpet Free
Property Type Single Family
Sewer Sanitary sewer

Interior Features

Living Area Range 3500 sqft
Bedrooms 10
Basement Type None
Cooling Type Central air conditioning
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Beds 10
Total Baths 5
Total Baths 5

Exterior Features

Exterior Finish Stone, Steel
Parking Type Attached garage, Garage

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in K2J 2E9

Price
AVG $1.19M
$1.4M

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