10 Melville Drive, Barrhaven, ON K2J 2E9
Barrhaven, ON K2J 2E9
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, 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.
Property facts & features
- Property type
- Detached
- MLS® number
- X13609902
- Source status
- New
- Bedrooms
- 10
- Bathrooms
- 5
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- K2J 2E9
- Parking spaces
- 3
- Garage
- Attached
- Lot depth (source units)
- 120.01
- Annual property tax
- 1106.78
- Basement
- None
- Laundry
- Not provided
- Interior features
- Auto Garage Door Remote, Carpet Free, Separate Heating Controls, Separate Hydro Meter
- Exterior features
- Lighting, Landscaped
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $1,399,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Barrhaven →Listing brokerage: AVENUE NORTH REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13609902. Information deemed reliable but not guaranteed.