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.
A showpiece three-car garage, one truly unforgettable Metcalfe bungalow! Escape the pace of the city without giving up convenience. Set on a beautifully landscaped half-acre corner lot in the welcoming community of Metcalfe, 8399 Rowan Drive offers peaceful country living within an easy commute of Ottawa. The home has undergone extensive updates in recent years, including new flooring, dual furnaces and air-conditioning units, a renovated lower-level guest suite and bathroom, new patios and lighting, significant garage improvements, and more. Inside, the bright, open-concept main level is designed for comfortable everyday living and effortless entertaining. Generous principal rooms are complemented by three bedrooms, two full bathrooms, main-floor laundry, and a versatile bonus room with its own private deck - ideal as a home office, fitness studio, family lounge, or creative space. The finished lower level adds even more flexibility with a guest suite, updated bathroom, and spacious recreation area. Outdoors, mature trees create a private and inviting retreat. A spacious rear deck, multiple patios, gazebo, and enclosed hot tub provide the perfect setting for summer barbecues, morning coffee, and relaxing at the end of the day. The standout feature is the exceptional heated three-car garage, a dream space for automotive enthusiasts, entrepreneurs, collectors, and serious hobbyists. Premium epoxy flooring, custom high-lift garage doors, a mechanic's pit, and a vehicle lift create a workshop that is every bit as impressive as the home itself. With natural gas service, a drilled well, an updated septic system, and major mechanical improvements already completed, this property offers comfortable living today and confidence for the future. For those seeking more space, an exceptional automotive workshop, and a country lifestyle without sacrificing access to Ottawa, 8399 Rowan Drive is in a class of its own.
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Estimated Rental Income
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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$4,239/mo
Mortgage (principal + interest)$3,928
Property taxFrom listing: $3,742/yr$312
Minimum $79,990 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$209,980
Ontario land transfer taxProvincial brackets, no first-time refund$17,473
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$230,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Greely - Metcalfe - Osgoode - Vernon 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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