$1,449,000
$1,449,000
Detached10 Melville Drive, Ottawa, ON
22 DAYSon market
10Bedrooms
5Bathrooms
1Garage
3000-3500Sq Ft

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Listed by AVENUE NORTH REALTY INC.
Listed by AVENUE NORTH REALTY INC.
Property Highlights
Garage
1 space
Property Tax
$1,068/yr
Age
New
Lot Size
3,492 sqft
Style
3-Storey
Basement
None
Monthly Cost
$6,208/mo
About This Home
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.
Monthly Cost
Monthly Mortgage$6,119
Property Tax ($1,068/yr)$89
Total$6,208
Price & Listing History
Schools
Location
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Rooms
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Second Level
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Second Level
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