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10 Beds
5 Baths

C$1,399,000

10 Melville Drive, Barrhaven ON, K2J 2E9

Property typeResidential

Overview

Active

New

Listed Jul 27, 2026

Updated 13 days ago

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.

Additional information

MLS® ID
X13609902

Interior Features

Bedrooms
10
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$1,107
Tax Frequency
Annually
Garage
Yes

 

Courtesy of Listed by , AVENUE NORTH REALTY INC.,

Based on information from the Toronto Regional Real Estate Board. 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. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 2:16 AM UTC, 9/29/2026

 

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