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. (id:2493)
Data was last updated August 19, 2026 at 08:45 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$562,450
Min list price:
$299,900
Max list price:
$1,399,000
Avg days on market:
31
Min days on market:
12
Max days on market:
106
These statistics are generated based on the current listing's property type
and located in
7701 - Barrhaven - Pheasant Run. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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