10 MELVILLE DRIVE, Ottawa, Ontario, K2J 2E9

$1,449,000

MLS® # X12595688

House For Sale In Ottawa, Ontario

$1,449,000

  • 10

    Bedrooms

  • 5

    Baths

  • 29.1 x 120 FT

    Lot Size

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Type: None
  • Construction Style - Attachment: Detached
  • Exterior Finish: Stone, Steel
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Garage door opener remote, Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 10
  • Bathrooms: 5
  • Amenities Nearby: Park, Schools, Public Transit
  • Community Features: School Bus
  • Features: Lighting, Carpet Free
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 120 Feet
  • Lot Frontage: 29.1 Feet
  • Lot Size: 29.1 x 120 FT
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 3

Rooms:

  • 4th Bedroom 2nd Level Measurements not available
  • Bathroom 2nd Level Measurements not available
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  • Utility 2nd Level Measurements not available
  • Kitchen 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • 2nd Bedroom 2nd Level Measurements not available
  • 3rd Bedroom 2nd Level Measurements not available
  • Kitchen 3rd Level Measurements not available
  • Bedroom 3rd Level Measurements not available
  • 2nd Bedroom 3rd Level Measurements not available
  • 3rd Bedroom 3rd Level Measurements not available
  • 4th Bedroom 3rd Level Measurements not available
  • Bathroom 3rd Level Measurements not available
  • Bathroom 3rd Level Measurements not available
  • Utility 3rd Level Measurements not available
  • Foyer Main Level Measurements not available
  • Kitchen Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • 2nd Bedroom Main Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Utility Main Level Measurements not available

Courtesy of: AVENUE NORTH REALTY INC.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.