10 MELVILLE DRIVE Ottawa

10 MELVILLE DRIVE, Ottawa, Ontario

$1,449,000

  • 10 Beds
  • 5 Baths

Introducing a brand-new, LEGAL triplex that offers three above-grade 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 February 2026. STILL UNDER CONSTRUCTION. (id:56241)

  • Listing ID: X12251000
  • Property Type: Multi-family

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Rooms

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Details

  • Amenities Nearby: Park, Schools, Public Transit
  • Community Features: School Bus
  • Features: Lighting, Carpet Free
  • Parking Spaces: 3
  • Transaction: For sale

Building

  • Amenities: Separate Heating Controls, Separate Electricity Meters
  • Appliances: Garage door opener remote(s), Dishwasher, Dryer, Stove, Washer, Refrigerator
  • Bedrooms Main Level: 10
  • Cooling: Central air conditioning
  • Exterior Finish: Stone, Steel
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 5
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 3000 - 3500 sqft
  • Stories Total: 3
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Amenities: Park, Schools, Public Transit
  • Landscape Features: Landscaped
  • Sewer: Sanitary sewer
  • Size Frontage: 29 ft ,1 in
  • Size Irregular: 29.1 x 120 FT
MLS®

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 10 MELVILLE DRIVE in Ottawa Ontario. It was last modified on June 28th, 2025. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.

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