For Sale

10 Melville Drive, Barrhaven, Ontario K2J 2E9

$1,449,000

10 Melville Drive, Barrhaven, Ontario K2J 2E9 is For Sale and has a listing price of 1,449,000. The property is located in the Barrhaven . It's been on the website for 78 Days.

  • Triplex
    Property Type
  • 10
    Bedrooms
  • 5
    Bathrooms
  • MLS ID: X12251000
  • Office Name AVENUE NORTH REALTY INC.
Property 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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12251000
  • Price: $1,449,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 120.01
  • Ref ID: X12251000
  • Approx Sqft: 3000-3500
  • Dir / Cross St: Highway 416 to Fallowfield Rd exit, left onto Strandherd Dr, left onto Helene-Campbell Rd, through the roundabout to Jockvale Rd, left onto Fable St, left onto Melville.
  • Status: Active
  • Tax Year: 2025
  • Approx Age: New
  • Property Type: Triplex
  • Property Sub Category: Triplex
Price History
List Date MLS ID List Price Status End Date Closed Price
06/27/2025 X12251000 $1,449,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Barrhaven
  • $774,366 Average List Price
    based on 1 year
  • 433 New Listings
    based on 30 days
  • 33 Median Days on Market
    based on 1 year
  • List vs. Selling Price 50.64 % Up
  • Sold (12mo) 1,035
  • Rented (12mo) 722

  • 1 Month Change -43.0%
  • 3 Month Change -55.2%
  • 6 Month Change -54.1%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 3-storey
  • Washroom Type1: 1
  • Garage Type Attached
  • Parking Spaces: 2
  • Exterior Stone
  • Kitchen 3
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 5 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Washrooms Type 5: 1
  • Taxes: $1,068
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 27/06/2025 21:19:50
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