Address
10 Melville Drive, Ottawa, ON
Price
$ 1,399,000

Your Agent

Brooke Ritchie

Sales Representative

613-866-8627


Listing provided by Brooke Ritchie, Sales Representative, Ritchie Twins Real Estate Team

Property Attributes
  • ID#X13609902
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityOttawa
  • CityOttawa
  • Area7701 - Barrhaven - Pheasant Run
  • Neighbourhood7701 - Barrhaven - Pheasant Run
  • Postal CodeK2J 2E9
  • Style
  • Price$ 1,399,000
  • Bedrooms10
  • Bathrooms5
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
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. (id:7434)

General Features

Features Lighting, Carpet Free
Community Features School Bus
Property Type Single Family
CommunityName 7701 - Barrhaven - Pheasant Run
Amenities Park, Schools, Public Transit
Building Age New building
Building Amenities Separate Heating Controls, Separate Electricity Meters
Building Appliances Garage door opener remote(s), Dishwasher, Dryer, Stove, Washer, Refrigerator
Building Cooling Type Central air conditioning
Location Description Cross Streets: Jockvale & Fable. ** Directions: Jockvale to Fable to Melville.
Parking Space Total 3
Foundation Type Poured Concrete
Building Type House
Ownership Type Freehold
Building.StoriesTotal 3

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Type None
Construction Style Attachment Detached
Living Area Range 3000
Bedrooms 10

Exterior Features

Land Amenities Park, Schools, Public Transit
Landscape Features Landscaped
Sewer Sanitary sewer
Exterior Finish Stone, Steel

Room Details

Room Dimensions Level Flooring Details
Bathroom Measurements not available Main level
Bedroom Measurements not available Main level
Bedroom 2 Measurements not available Main level
Bedroom 3 Measurements not available Third level
Bedroom 4 Measurements not available Third level
Foyer Measurements not available Main level
Kitchen Measurements not available Main level
Utility room Measurements not available Main level

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 $1.26M
$1.4M

Your Agent

Brooke Ritchie

Sales Representative

613-866-8627


Listing provided by Brooke Ritchie, Sales Representative, Ritchie Twins Real Estate Team

Listed By
AVENUE NORTH REALTY INC.