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Listed 3 months ago

406 - 111 Echo Drive

4408 - Ottawa East, Glebe - Ottawa East and Area

$1,399,900

Condo Apartment |
3 | 3 | 2 | 1
About this home

Few addresses in Ottawa offer the prestige, views and lifestyle of Canal One Eleven. Encompassing more than 3,000 square feet, this exceptional residence enjoys sweeping views of the Rideau Canal, where the scenery changes with the seasons, from skaters gliding across the ice in winter to cyclists, runners and paddlers enjoying the water's edge in warmer months. A grand foyer welcomes you into beautifully proportioned living spaces designed for both elegant entertaining and comfortable living. Expansive windows flood the home with light while framing spectacular views throughout the principal rooms. The spacious living and dining areas flow seamlessly to a private balcony, creating the perfect setting for morning coffee, evening cocktails or simply watching the world go by. A spacious private den with custom built-ins provides an ideal home office, library or quiet retreat. The kitchen combines thoughtful design with premium finishes, featuring a cooktop, Miele wall oven, built-in appliances and a generous breakfast area. The expansive primary suite features generous closet space and a luxurious 6-piece ensuite with a soaker tub, glass shower, double vanity and bidet. The second bedroom enjoys its own ensuite, making it ideal for guests or family. In unit laundry, TWO underground parking spaces and a storage locker add everyday convenience. Developed by renowned Ottawa builder William Teron, Canal One Eleven is one of the city's most celebrated luxury condominiums, offering outstanding construction and amenities including concierge service, indoor saltwater pool, fitness centre, squash court, golf cages, sauna, hot tub and outdoor tennis and pickleball courts. Peaceful and quiet, yet minutes from Parliament Hill, the University of Ottawa, the National Arts Centre, the National Gallery, Lansdowne Park and fine dining. Rarely does an opportunity arise to enjoy this level of space, luxury and waterfront living in one of Ottawa's most iconic condominium addresses.

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age51-99
Size3000-3249 sq. ft.
Maintenance Fees$3,226
LockerExclusive
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$13,071
mls© NumberX13439514
Listed ByENGEL & VOLKERS OTTAWA
Common Elements Included
Water Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,165
Property tax
$1,089
Heat allowance
$150
Condo fees, half counted
$1,613
Housing costs
$10,018 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $279,980
25-yr amortization

Income needed

$308,000

gross annual household income

Payment at 4%
$5,891 / mo
Cash down
$279,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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