10 MELVILLE DRIVE, Ottawa

$1,399,000

For sale: Detached

Detached at 10 MELVILLE DRIVE, Ottawa
Property type
Detached
Bedrooms / bathrooms
10 bedrooms, 5 bathrooms
Living area
3,500 sqft
MLS®
MLS® X13609902
Neighbourhood
7701 - Barrhaven - Pheasant Run

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.

Sold data

Homes in Barrhaven Pheasant Run — recent sold market

Homes in Barrhaven Pheasant Run took a median of 20 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 43, across 71 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.

The median sale price was $599,900.

Homes sold for about 1.8% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
20
Median sale price
$599,900
Sale-to-list ratio
98.2%
Sold above asking
14%

Based on 71 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 10 MELVILLE DRIVE