Melville Drive
Barrhaven
$000000
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Home Details
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Listing Description
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.
City: Barrhaven
Mortgage Calculator
Your estimated monthly payment for 10 Melville Drive is 6,989
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1,399,000 |
| Down Payment | $279,800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1,119,200 |
Monthly Payment
| Mortgage Payment | $6,897 |
| Property Taxes | $92 |
| Maintenance Fees | $0 |
| Monthly Payment | $6,989 |
About Melville Drive, Barrhaven
Located at 10 Melville Drive , this Barrhaven house is available for sale. This property was listed for $1,399,000 on Mon Jul 27 2026. It has 10 bedrooms and 5 bathrooms. The property's amenities include Park, School, School Bus Route, Public Transit. The property includes the following rooms: . This property comes with 3 parking spots.
MLS#: undefined · $1,399,000 · 10 bedroom house in Barrhaven