348 Ravenhill Avenue E, Carlingwood - Westboro and Area

$1,149,900
348 Ravenhill Avenue E

$1,149,900

New
17d
Att/Row/Townhouse3-Storey

348 Ravenhill Avenue E, Carlingwood - Westboro and Area

Total Monthly Obligation $5,732

Beds
2
Baths
3
Park
2
Sqft
1100-1500
DOM
17d
Score
14
Yield
2.8%
Cash on Cash
-12.7%
Cap Rate
1.9%
5Y IRR
5.7%
10Y IRR
6.9%
Property Type-Att/Row/Townhouse
MLS® Number-X13869616
Beds-2
Bathrooms-3
Size-1100-1500 sqft
Lot Size-14.57 × 41.55 ft
Listed on site-Oct 6, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$8,625 (2026)
Parking-2 - Built-In
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-LPT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Flat
Foundation-Concrete
Sewer-Sewer
Possession-TBD/Flexible
Neighbourhood-5104 - McKellar/Highland
Title-Residential Freehold

No agent assigned

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.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$919,920
Land Transfer Taxes$19,473
Legal Fees (Est.)
$
Total cash required for closing$250,953

Total Monthly Obligation

$5,732/mo
Mortgage $4,638
Monthly Loss $4,512
Principal$1,221
Interest$3,418
Property Tax$719
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.0%0
5-Year IRR
3.1%6
10-Year IRR
5.3%
Returns Index
4.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,376/yr
NOI
$16,013/yr
Net Cash Flow
-$3,304/mo
Cash Margin
-122.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.292
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 348 Ravenhill Avenue E

Time

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