The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Ravenhill Common is an enclave of nineteen Barry Hobin brownstones behind Churchill Avenue, a winner of three first-place awards at the 2015 Ottawa Design Awards. 348 Ravenhill sits on the landscaped interior courtyard, the quiet heart of the enclave. Floor-to-ceiling glass brings light to both ends of the main floor. The kitchen faces the courtyard with granite counters, a farmhouse sink, a hexagonal tile backsplash and a full-height pantry wall. Beyond it, a custom dining banquette and a living room anchored by a gas fireplace, with French doors to a private fenced patio. New porcelain tile throughout, 2025. The second floor holds a guest bedroom with a built-in Murphy bed, a four-piece bath, laundry, and an office overlooking the stained glass of the neighbouring heritage church. The third floor is the primary suite: a 19-foot bedroom, walk-in closet, ensuite with double granite vanity and glass shower, and a covered balcony. Hardwood above, carpet-free except the stairs. Below, two heated underground parking spaces, the only pair in the enclave, with interior access, a car wash bay and a storage locker. A freehold townhome within a Common Elements Condominium, OCECC No. 960. The fee covers exterior and common-element maintenance, landscaping, snow removal, the heated garage, property management, and common-area insurance. The heritage church next door is home to one of Ottawa's festival organizations, bringing the occasional summer evening of live music across the courtyard. Richmond Road's restaurants, cafés and farmers' market are a five-minute walk; Westboro Beach and the Kichi Zibi Mikan pathway are ten. 24-hour irrevocable is preferred on all offers.
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Estimated Rental Income
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Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,020/mo
Mortgage (principal + interest)$4,302
Property taxFrom listing: $8,625/yr$719
Minimum $89,990 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$229,980
Ontario land transfer taxProvincial brackets, no first-time refund$19,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$252,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Carlingwood - Westboro and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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