111 Echo Drive 103, Glebe - Ottawa East and Area

$1,295,000
111 Echo Drive 103

$1,295,000

New
24d
Condo ApartmentApartment

111 Echo Drive 103, Glebe - Ottawa East and Area

Total Monthly Obligation $9,035

Beds
2
Baths
2
Park
2
Sqft
2250-2499
DOM
24d
Score
15
Yield
6.5%
Cash on Cash
-7.6%
Cap Rate
2.9%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Condo Apartment
MLS® Number-X13838324
Beds-2
Bathrooms-2
Size-2250-2499 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$9,966.78 (2026)
Maintenance-$2,780.79/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-4408 - Ottawa East
Title-Residential Condo & Other

No agent assigned

This is an exceptional residence in one of Ottawa's most prestigious condominium buildings, offering lovely views of the historic Rideau Canal. Thoughtfully updated throughout, this elegant suite blends timeless sophistication with contemporary comfort. The living and dining areas are designed for both everyday living and effortless entertaining. Stylishly updated bedrooms and bathrooms add to the refined appeal, while the versatile den provides the perfect space for a home office, library, or guest accommodation. Step outside to your private terrace... an inviting extension of the living space and the perfect setting to enjoy morning coffee or evening cocktails. A rare offering, the suite includes two underground parking spaces and access to an exceptional array of building amenities, including concierge services, a fully equipped fitness centre, a indoor swimming pool and a private tennis court.Ideally located just steps from the Rideau Canal and Ottawa's finest restaurants, boutique shopping, cultural attractions, and scenic pathways, this condo offers an exceptional lifestyle in one of the city's most coveted locations. A rare opportunity to own a beautifully appointed condominium in an iconic Ottawa setting. Condo Fee includes: Building Insurance, Water, Snow Removal, Landscaping, All amenities including pool, gym, sauna, concierge service. Open House , Thursday , October 1, 10:30 - 12 Noon

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,036,000
Land Transfer Taxes$22,375
Legal Fees (Est.)
$
Total cash required for closing$282,875

Total Monthly Obligation

$9,035/mo
Mortgage $5,224
Monthly Loss $7,660
Principal$1,375
Interest$3,849
Property Tax$831
Condo Fees$2,781
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.9%18
10-Year IRR
8.5%
Returns Index
10.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$84,588/yr
NOI
$30,393/yr
Net Cash Flow
-$2,691/mo
Cash Margin
-38.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.4/ 100

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

Comparables

Properties near 111 Echo Drive 103

Time

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