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    For Sale - 10 Melville Drive, Barrhaven, Ontario

    Est payment $6,718/mo
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    Views   5
    Time on Jump  73 day

    AI Summary *

    • New detached development with three separate apartment units, all with private entrances.
    • Income potential with two 4-bed, 2-bath and one 2-bed, 1-bath units.
    • Energy-efficient systems ensure low operating costs and comfort.
    • Convenient location near schools, public transit, and major routes.
    • Investment opportunity with no rent control due to new-build exemption.




    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.
    Listing IDX13609902
    Address10 Melville Drive
    CityBarrhaven, Ontario
    Price$1,399,000
    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

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    Listing Brokerage: AVENUE NORTH REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    10 Melville Drive
    Barrhaven , Ontario
    10 5 $1,399,000
    Get more info