Listing Details
Return to Search Result10 MELVILLE DRIVE - MLS® # X12251000
Property Details
Description
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:2469)
Features
Lighting, Carpet Free
Amenities
Park, Schools, Public Transit
Listing Provided By
AVENUE NORTH REALTY INC.
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- GRINDSTONE REALTY INC.
- 613-695-5888
- 613-695-5888
- 613-695-8088
- Info@GrindstoneRealty.ca
- Grindstone Realty Inc.
- 250B Greenbank Rd. - Suite 235
- Ottawa, ON
- K2H 8X4
