10 MELVILLE DRIVE
Ottawa · K2J2S6
$1,449,000
About this residence
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. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 10 (10 above)
- Bathrooms
- 5
- Storeys
- 3
- Living area
- 3,000–3,500 sq ft
- Lot size
- 29.1 x 120 FT
- Frontage
- 29.1 feet
- Parking
- 3 spaces
- Annual tax
- $1,068
- MLS®
- X12595688
- Board
- Ottawa
- Status
- Active
- Listed
- Dec 2, 2025
- Updated
- May 14, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | — |
| Bedroom 4 | Second level | — |
| Bathroom | Second level | — |
| Bathroom | Second level | — |
| Utility room | Second level | — |
| Kitchen | Third level | — |
| Bedroom | Third level | — |
| Bedroom 2 | Third level | — |
| Bedroom 3 | Third level | — |
| Kitchen | Main level | — |
| Bedroom 4 | Third level | — |
| Bathroom | Third level | — |
| Bathroom | Third level | — |
| Utility room | Third level | — |
| Bedroom | Main level | — |
| Bedroom 2 | Main level | — |
| Bathroom | Main level | — |
| Utility room | Main level | — |
| Kitchen | Second level | — |
| Bedroom | Second level | — |
| Bedroom 2 | Second level | — |
| Bedroom 3 | Second level | — |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dishwasher
- Dryer
- Stove
- Garage door opener remote(s)
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Exterior
- Stone
- Steel
Foundation
- Poured Concrete
Parking
- Attached Garage
- Garage
Lot
- Lighting
- Carpet Free
Sewer & Utilities
- Sanitary sewer
Community
- School Bus
Financing
Estimated monthly payment
$6,777/mo
Loan amount
$1,159,200
Down payment
$289,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Ottawa
Nearby
About the area
Census · K2J- 81,863
- Population
- 37
- Median age
- $122,000
- Median income
- $620,000
- Median home value
- 81%
- Home ownership
- 28 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 10 MELVILLE DRIVE?
10 MELVILLE DRIVE is listed for $1,449,000, in Ottawa.
How many bedrooms and bathrooms does 10 MELVILLE DRIVE have?
It offers 10 bedrooms and 5 bathrooms.
What type of home is 10 MELVILLE DRIVE?
10 MELVILLE DRIVE is a Single Family, House set over 3 storeys.
How large is 10 MELVILLE DRIVE?
The home offers approximately 3,000–3,500 sq ft of living space on a lot measuring 29.1 x 120 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $6,777. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $1,068 per year.
Is there parking?
Yes — 10 MELVILLE DRIVE includes 3 parking spaces.
What is the Ottawa area like?
Ottawa has a population of about 81,863, a median age of 37, a 81% home-ownership rate, with an average commute of about 28 minutes.
What is the average home value in Ottawa?
The median dwelling value in this area is approximately $620,000, based on census data via Neighbourly.
What is the median household income in Ottawa?
The median household income in this area is approximately $122,000.
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