10 Bed, 5 Bath House for Sale in Ottawa – 10 MELVILLE DRIVE, Ottawa – MLS# X12595688

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$1,449,000

10 MELVILLE DRIVE, Ottawa

10 Beds • 5.0 Baths • House
MLS# X12595688
  • House
  • Spacious 10-bedroom layout
  • Ottawa location
613-369-5199

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About This Property

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 November 2026. STILL UNDER CONSTRUCTION. Gas and Hydro is separately metered, builder can also separate water meters. (id:66401)

Property Details

Bedrooms 10
Bathrooms 5.0
Property Type House

Location

10 MELVILLE DRIVE, Ottawa, Ontario, K2J2E9

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Peter@Condo613.ca 613-369-5199
14 Chamberlain Ave. #101, Ottawa, ON K1S 1V9

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