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10 MELVILLE DRIVE, Ottawa

10 BEDS · 5 BATHS · 3000 - 3500 sqft

$1,399,000

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. STILL UNDER CONSTRUCTION. Projected completion date January 2027. Gas and Hydro is separately metered, builder can also separate water meters. Listing price reflective of HST rebate.

General Info


MLS Listing ID: X13609902 Bedrooms: 10 Bathrooms: 5 Year Built: 0
Listing Type: Single Family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Poured Concrete Roof: N/A Title To Land: Freehold Parking Space Total: 3
Parking: N/A Heating: Forced air Size: 3000 - 3500 sqft Air Conditioning : Central air conditioning
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: None
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

Amenities/Features


  • Lighting
  • Carpet Free

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