Ottawa, ON K2J2E9,10 MELVILLE DRIVE
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$ 1,449,000
Est. payment /mo
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10 MELVILLE DRIVE Ottawa, ON K2J2E9

10 Beds

5 Baths

3,000 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $483

Subdivision 7701 - Barrhaven - Pheasant Run

MLS® Listing ID X12251000

Bedrooms 10

Source Ottawa Real Estate Board

Property Description

Introducing a brand-new, LEGAL triplex that offers three above-grade 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. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level Measurements not available Bedroom 4

Extra Room 2 Second level Measurements not available Bathroom

Extra Room 3 Second level Measurements not available Bathroom

Extra Room 4 Second level Measurements not available Utility room

Extra Room 5 Second level Measurements not available Kitchen

Extra Room 6 Second level Measurements not available Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

Community Features School Bus

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Lot Description Landscaped

Story 3

Sewer Sanitary sewer


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Listed by AVENUE NORTH REALTY INC.
agent

Andrew Roddan

Agent

+1(250) 880-1516

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10 MELVILLE DRIVE