Welcome to this remarkable ["3-Storey"] detached located in the coveted neighborhood of 7701 - Barrhaven - Pheasant Run. Expertly crafted featuring premium stone and metal/steel siding construction, this residence presents an exceptional opportunity offered at $1,449,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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 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 November 2026. STILL UNDER CONSTRUCTION. Gas and Hydro is separately metered, builder can also separate water meters.
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Park, School, School Bus Route, Public Transit
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This could be the first listing for this address.
Data-driven valuation for 10 Melville Drive, Barrhaven, ON K2J 2E9
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Properties in this area are selling at a steady pace.
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