For Sale - 10 Melville Drive, Barrhaven, Ontario

Est payment $6,958/mo
Views   1
Time on Jump  166 day
  • New detached development with three above-grade apartment units and private entrances.
  • Two spacious 4-bed, 2-bath units plus one 2-bed, 1-bath unit available.
  • Projected gross annual income of $86,400 offers great investment potential.
  • Energy-efficient systems help keep operating costs low for maximum ROI.
  • Located near schools, transit, and major routes for strong tenant demand.



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.
Listing IDX12595688
Address10 Melville Drive
CityBarrhaven, Ontario
Price$1,449,000
Bed / Bath10 / 5 Full
Style3-Storey, Detached
ConstructionStone, Metal/Steel Siding
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Auto Garage Door Remote, Carpet Free, Separate Heating Controls, Separate Hydro MeterOutdoor Features Lighting, LandscapedAmenities Park, School, School Bus Route, Public TransitOwnership FreeholdBasement NoneFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 3.00
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Listing Agency:  AVENUE NORTH REALTY INC.

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10 Melville Drive
Barrhaven , Ontario
10 5 $1,449,000
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