406 - 111 ECHO DRIVE, Ottawa

$1,399,900

For sale: Apartment

Apartment at 406 - 111 ECHO DRIVE, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
3 bedrooms, 3 bathrooms
Living area
3,249 sqft
MLS®
MLS® X13439514
Neighbourhood
4408 - Ottawa East

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.

Sold data

Apartment homes in Ottawa — recent sold market

Apartment homes in Ottawa took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 62, across 369 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.

The median sale price was $398,000.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$398,000
Sale-to-list ratio
97.3%
Sold above asking
7%

Based on 369 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 406 - 111 ECHO DRIVE