10 Melville Drive • Ottawa, ON photo 1
10 Melville Drive • Ottawa, ON photo 2
10 Melville Drive • Ottawa, ON photo 3
10 Melville Drive • Ottawa, ON photo 4
10 Melville Drive • Ottawa, ON photo 5
New1 / 5
$1,399,000
10 Melville Drive • Ottawa, ONNew
Courtesy of AVENUE NORTH REALTY INC.
10
Bedrooms
5
Bathrooms
3000-3500
Square feet
3
Parking

About this home

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.

Property details

Property type
Detached
Style
3-Storey
Approx. age (yrs)
New
Total rooms
22
Lot size
29.1 × 120.01 ft
Property taxes
$1,106.78 (2026)
Occupancy
November 2026
Days on market
2
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Jul 27, 2026, 3:10 p.m. EDT via TRREB IDX.

First listed: Jul 27, 2026, 3:10 p.m. EDT.