$1,399,000
Est. payment $6,194/moCalculate yours
10 Melville Drive, Barrhaven, ON K2J 2E9
7701 - Barrhaven - Pheasant Run, Barrhaven, ON K2J 2E9
- 10 Beds
- 5 Baths
- 1 Garage
- 3,000 Sq Ft
Listing courtesy of AVENUE NORTH REALTY INC. MLS® X13609902
About this home
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.
Property details
Overview
- Property Type
- Detached
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- New
- Size
- 3,000 sqft
Interior
- Bedrooms
- 10
- Bathrooms
- 5
- Kitchens
- 3
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Stone, Metal/Steel Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 29.1 x 120.01 Feet
- Parking
- Attached garage · 3 total
Financial
- Property Taxes
- $1,107 (2026)
Location
- Neighbourhood
- 7701 - Barrhaven - Pheasant Run
- Cross Street
- Jockvale & Fable
- Direction Faces
- South
Listing
- MLS® Number
- X13609902
- Days on Market
- 83
- Listed On
- 2026-07-27
- Possession
- November 2026
- Listed By
- AVENUE NORTH REALTY INC.
Rooms
Features
Interior
- Auto Garage Door Remote
- Carpet Free
- Separate Heating Controls
- Separate Hydro Meter
Property
- Park
- School
- School Bus Route
- Public Transit
Pool
- None
- Included
- Fridge (3), Washer (3), Dryer (3), Stove (3), and Dishwasher (3)
- Rental items
- Tankless HWT
Mortgage calculator
Estimated mortgage payment
$6,194 per month
- Principal and interest
- $6,194
- Property tax
- $92
- Condo fees
- $0
- Estimated monthly cost
- $6,287
Your mortgage
- Mortgage amount
- $1,119,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $739,141
Cash to close
- Down payment
- $279,800
- Land transfer tax
- $24,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $304,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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