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About the Listing 478100 -
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.
Listing Highlights
Interior Details
- Bedrooms: 10
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Auto Garage Door Remote,Carpet Free,Separate Heating Controls,Separate Hydro Meter,3 Kitchens
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Asphalt Shingle
- Others: Lighting,Landscaped,Park,School,School Bus Route,Public Transit
- Sewer: Sewer
- Parking Features: Attached,Has Garage
Financial Details
- Tax Amount: $1,107
- Taxes w/Assessments: N/A
- Tax/Property ID: 046070157
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
10 Melville Dr Barrhaven, ON K2J 2E9
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