10 Melville Drive

Introducing a remarkable opportunity to acquire a house for sale in Ottawa , located at 10 Melville Drive, Ottawa. This brand-new detached development is designed with a modern aesthetic and offers an impressive three-storey layout, featuring three above-grade apartment dwelling units, each with its own private entrance. This property is not only a stunning architectural feat but also a rare investment opportunity, making it a prime house for sale in Ottawa.

The address, 10 Melville Drive, Ottawa, is situated in the desirable community of 7701 - Barrhaven - Pheasant Run. This area is known for its family-friendly environment and proximity to essential amenities. The property boasts a total of 22 rooms, comprising ten spacious bedrooms and five well-appointed bathrooms. Each of the two larger units features four bedrooms and two bathrooms, while the smaller unit offers two bedrooms and one bathroom. This versatile arrangement makes it an ideal choice for investors looking for a turnkey property with exceptional income potential.

As you explore this house for sale in Ottawa, you will appreciate the attention to detail that has gone into its construction. The exterior showcases a combination of stone and metal/steel siding, providing both durability and a contemporary look. The property is set on a generous lot measuring 29 by 120 feet, offering ample space for outdoor activities. Although there is no pool or family room, the house is equipped with central air conditioning, ensuring comfort throughout the warmer months.

Inside, the property features three kitchens, each designed for functionality and convenience. The absence of an additional kitchen does not detract from the overall appeal, as each unit is self-sufficient with in-suite laundry facilities and separately metered utilities. This thoughtful design allows for easy management and maximises rental income potential. With a projected gross annual income of £86,400, this house for sale in Ottawa presents an attractive investment opportunity for discerning buyers.

The property is still under construction, with an expected completion date in February 2026. This new build comes with a one-year developer warranty, providing peace of mind for future owners. Energy-efficient systems, including high-efficiency heat pumps with backup electric heating and tankless water heaters, have been installed to keep operating costs low, making this property not only a smart investment but also an environmentally friendly choice.

Parking is made easy with an attached garage space for one vehicle, along with additional parking for two more cars. This is particularly advantageous in a bustling community like 7701 - Barrhaven - Pheasant Run, where demand for parking is high. The property is conveniently located just minutes from top-rated schools, public transport, major arterial routes, and Highway 416, ensuring strong tenant demand and easy access for residents.

Moreover, the absence of rent control due to the new-build exemption allows investors to take full advantage of market-driven rents, ensuring a healthy return on investment. This house for sale in Ottawa not only promises immediate income potential but also long-term growth in value as the area continues to develop.

In summary, 10 Melville Drive, Ottawa, is a unique opportunity for those looking to invest in a modern, detached property with multiple income streams. With its strategic location, exceptional design, and strong rental potential, this house for sale in Ottawa is not to be missed. Seize the chance to own a piece of this thriving community and make a sound investment for the future.

7701 - Barrhaven - Pheasant Run is a vibrant suburban enclave located in the city of Ottawa, characterised by its family-friendly atmosphere and picturesque surroundings. This community boasts a mix of well-established homes and modern developments, nestled amidst lush green spaces and parks that invite outdoor activities and leisurely strolls. Residents enjoy convenient access to a variety of amenities, including shopping centres, schools, and recreational facilities, all contributing to a balanced lifestyle. With its strong sense of community spirit and proximity to the bustling urban centre of Ottawa, Barrhaven - Pheasant Run offers an ideal setting for those seeking a peaceful yet connected living experience.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a short distance, you'll find Jockvale Elementary School (0.6 km) and St. Elizabeth Ann Seton School (0.5 km), both offering elementary education from JK to Grade 6, with St. Elizabeth Ann Seton boasting an impressive school rating of 8.5. For middle school education, Cedarview Middle School is just 1.3 km away, serving grades 7 and 8, although it currently has a rating of 0. High school options include John McCrae Secondary School, located only 0.5 km from the property, which has a strong rating of 7.8, and St. Mother Teresa Catholic High School, situated 2.2 km away, offering grades 7 to 12 but with a rating of 0. The schools are part of both the Ottawa-Carleton District School Board and the Ottawa Catholic School Board, providing a mix of English and French language studies. This diverse educational landscape ensures that families have access to quality schooling options right at their doorstep.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 746 residents, with an average household size of 2.7 individuals. The community has a median age of 44.7 years and boasts a robust average household income of $151,000, indicating a financially stable demographic. Notably, only 1.8% of the population falls under the low-income category, suggesting a generally affluent community. The average property price in the area is $616,000, reflecting the demand for housing. Approximately 29.03% of residents are single, while 41.67% live in households with children, highlighting a family-friendly environment. The area is also home to a diverse population, with 17.69% of residents being immigrants. Interestingly, there are no renters or condominiums reported, indicating a predominantly owner-occupied housing market. The educational attainment is high, with 70.99% of the population holding a college or university degree, which may contribute to the area's economic prosperity. However, it is worth noting that 40% of the residents are not in the labor force, which could impact the local economy. Overall, this demographic profile suggests a well-educated, affluent community with a significant presence of families.