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$1,449,000
Ontario,Ottawa
For Sale Active
10 MELVILLE DRIVE, Ottawa, Ontario K2J2E9
  • 10
  • 5
  • 3000 - 3500Square Feet
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Basic Details
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 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 February 2026. STILL UNDER CONSTRUCTION. Gas and Hydro is separately metered, builder can also separate water meters. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12595688
  • Price: $1,449,000
  • Bedrooms: 10
  • Bathrooms: 5
  • Square Footage: 3000 - 3500 Sqft
  • Status: Active
  • Office Name: AVENUE NORTH REALTY INC.
  • Property Sub Type: Single Family
  • Office Key: 286351
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: None
  • Parking: Garage, Attached Garage
  • Exterior Features: Stone, Steel
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Ottawa, K2J2E9
  • Street: Melville
  • Street Number: 10
  • Street Suffix: Drive
  • Longitude: W76° 14' 7.3''
  • Latitude: N45° 16' 28.1''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 29.1 x 120 FT
  • Stories: 3.0
Financial
  • Tax Annual Amount: 1067.59
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Listing updated: 2025-12-12 16:47:20
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Listing Information
  • List Agent Key: 1901406
  • List Office Key: 286351
  • Modification Timestamp: 2025-12-02T22:35:16Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2025-12-02T22:25:13Z
Powered by REALTOR.ca
Listing updated: 2025-12-12 16:47:20
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