407 Echo Drive

Nestled in the heart of Ottawa, at 407 Echo Drive, this exceptional Multi-Family Home for sale in Ottawa presents a unique opportunity for both homeowners and investors alike. Located on the prestigious Echo Drive, with the picturesque Rideau Canal serving as your backyard, this well-maintained multiplex is a true gem in the sought-after Ottawa East community (4406 - Ottawa East). With its prime location and impressive features, this property is sure to capture your interest.

The building itself is a charming three-storey brick structure, exuding character and warmth. Spanning approximately 2,000 square feet over two levels, the owner's unit is spacious and inviting, offering five bedrooms and three dens. The layout is designed for comfort and functionality, with generous living areas that boast beautiful hardwood floors. Two gas fireplaces add a touch of elegance and warmth, perfect for those chilly Ottawa evenings. Additionally, the owner's unit includes in-suite laundry facilities and a private balcony that provides stunning views of the canal, making it an ideal retreat.

As a Multi-Family Home for sale in Ottawa, this property also features a main level rental unit that is sure to impress. This unit offers three well-sized bedrooms, a large kitchen, and a living room that overlooks the serene canal. With in-suite laundry and a private entrance, this space is highly appealing to quality tenants, ensuring a steady rental income. Furthermore, the two additional basement units are thoughtfully laid out and share a common laundry area, making them practical and convenient for residents.

In terms of amenities, this Multi-Family Home for sale in Ottawa is equipped with two kitchens, providing ample space for meal preparation and entertaining. The property boasts six bathrooms, ensuring that residents and guests have plenty of facilities available. Central air conditioning and wall units keep the home comfortable throughout the year, while the heat pump system efficiently manages heating needs. The property is connected to municipal water and sewer systems, adding to the convenience of living in this lovely home.

While there is no pool or garage space, the property does offer one parking space, which is a valuable asset in this bustling area. It's worth noting that the home is unfurnished, allowing you the freedom to personalise the space to your taste. Although there is no central vacuum system, the layout and design of the home make it easy to maintain.

Pride of ownership is evident throughout this Multi-Family Home for sale in Ottawa, with updated electrical systems and a new boiler ensuring that the property is both safe and efficient. The separate hydro meters for all units add an extra layer of convenience, making it easier to manage utilities for each tenant.

At 407 Echo Drive, Ottawa, you will find a property that not only offers lifestyle and space but also significant investment potential. The age of the building, ranging from 51 to 99 years, adds to its charm and character, while the lot size of 45 by 84 feet provides ample outdoor space for relaxation or potential future enhancements.

In conclusion, this Multi-Family Home for sale in Ottawa is a rare find, combining a desirable location, spacious living arrangements, and excellent rental opportunities. Whether you are looking to occupy the owner's unit while renting out the others or seeking a solid investment in a thriving community, this property at 407 Echo Drive, Ottawa, is worth considering. Don’t miss out on the chance to own a piece of this exceptional property along the canal!

Ottawa East, designated as postal code 4406, is a vibrant and picturesque neighbourhood nestled along the banks of the Rideau River in the capital city of Ottawa. This area is characterised by its charming mix of historic architecture and modern amenities, offering residents a delightful blend of urban convenience and natural beauty. With its tree-lined streets, local parks, and proximity to the river, Ottawa East provides ample opportunities for outdoor activities, such as walking, cycling, and picnicking. The community is well-served by public transport and boasts a variety of shops, cafes, and restaurants, making it an appealing choice for those seeking a lively yet tranquil environment. Additionally, the rich cultural heritage and diverse population contribute to a welcoming atmosphere, perfect for anyone looking to make Ottawa East their new home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is First Avenue Public School, just 0.4 km away, offering elementary education from JK to Grade 6 with an impressive rating of 8.5. For older elementary students, Glashan Public School (1.0 km) serves Grades 7 to 8, although it currently has a rating of 0. Mutchmor Public School, also 1.0 km away, provides a French-language curriculum for JK to Grade 6 and boasts a solid rating of 8.4. Hopewell Avenue Public School, located 1.5 km from the property, offers a French program from JK to Grade 8 and has an excellent rating of 9. For secondary education, Glebe Collegiate Institute is 1.5 km away with a rating of 7.7, while Immaculata High School is even closer at 0.3 km, rated at 5.8. Additionally, Corpus Christi School (1.0 km) offers a Catholic education for younger students with a rating of 5.9. Overall, the area is well-served by a variety of public and Catholic schools, ensuring quality education options for all ages.