10 MELVILLE DRIVE, Ottawa

2025-12-02
 

Quick Summary

Location
10 MELVILLE DRIVE, Ottawa, Ontario K2J2E9
Price
$1,449,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
3000 - 3500 sqft
Bedrooms:
10
Bathrooms:
5

MLS®#X12595688

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 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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Schools, Public Transit

Building

  • Amenities: Separate Heating Controls, Separate Electricity Meters
  • Appliances: Garage door opener remote(s), Dishwasher, Dryer, Stove, Washer, Refrigerator
  • Basement Type: None
  • Construction Style: Detached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Stone, Steel
  • Fireplace: No
  • Interior Size: 3000 - 3500 sqft
  • Building Type: House
  • Stories: 3
  • Utility Water: Municipal water

Features

  • Feature: Lighting, Carpet Free

Land

  • Land Size: 29.1 x 120 FT
  • Sewer: Sanitary sewer

Ownership

  • Type: Freehold

Information entered by AVENUE NORTH REALTY INC.
Listing information last updated on: 2025-12-18 21:54:13


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We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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Sheila Forward-Davis REALTOR®

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Sergiu has been a licensed Realtor® since 2012 and earned his Broker designation in 2015. He h ...

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