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.
Located in the heart of Westboro, 383 Danforth Avenue is a rare standalone building offering exceptional visibility, versatility, and charm. This two-storey property reflects true pride of ownership and sits in one of Ottawas most desirable neighbourhoods, surrounded by vibrant shops, cafes, and amenities. With a high walk score and ample on-site parking, its ideally suited for both foot traffic and destination clientele. Currently operating as a successful hair and aesthetics business, the building lends itself to a wide range of potential uses including retail, wellness, professional services, or boutique office space. Recent updates include the roof, siding, and fascia (all completed in 2015), electrical wiring (2015), and furnace (2010), ensuring peace of mind for future owners. The property is well-maintained and move-in ready, with tasteful finishes and flexible interior layouts. Whether you're an investor or an owner-operator, this property presents a unique opportunity to establish a presence in one of Ottawas most dynamic and walkable communities.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
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$4,702/mo
Mortgage (principal + interest)$4,283
Property taxFrom listing: $5,029/yr$419
Minimum $89,500 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$229,000
Ontario land transfer taxProvincial brackets, no first-time refund$19,375
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$251,175
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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