Echo Drive at 123 Echo Drive - Building Guide

About Echo Drive

Located in the prestigious and historic Old Ottawa East neighbourhood you’ll find the stylish and sophisticated 123 Echo Drive condo suites. Here at Echo Drive there is ensuite laundry, fitness centre, chic and spacious units and much more. Being located in the Glebe neighbourhood is a huge pull for residents of this condo building. Being just steps away from public transit, shopping, recreation, restaurants, cafes, parks and beautiful waterfront views, this condo building is perfect for those looking to live the ultimate urban and low-maintenance lifestyle. Book your tour at 123 Echo Drive today and find your next perfect home in Ottawa.

Building Details

Address

123 Echo Drive, K1S 5P6

Building

Echo Drive

Building Type

Lowrise

Built

1989

Fees Include

Caretaker, Water, Building Insurance, Management, Maintenance

Air Type

Central Air

Bedrooms

2 bdrms

Bathrooms

1-2 bthrms

Management

Regional Property Management - Nadia

Amenities

In-suite Laundry

Laundry

Elevators

Security

Pet Friendly

Storage Lockers

Indoor Parking

Outdoor Parking

Guest Parking

Indoor Pool

Balcony

Sauna

Outdoor Pool

Fitness Centre

Guest Suite

Party Room

Theatre Room

Cable TV

CMHC Calculator

Asking Price ($)

Down Payment (%)

Down Payment ($)

CMHC Rate

CMHC Insurance

Total Mortgage Required

CMHC insurance must be purchased for all homes with less than 20% down payment.
Homes purchased for more than $1 million are not eligible for CMHC insurance, therefore requiring homeowners to put more than 20% down.
The maximum amortization period on CMHC insured mortgages is 25 years.
Homes sold over $500,000 can no longer be purchased with a 5% down payment. The new minimum down payment is 5% of the first $500,000, and 10% of any amount over $500,000.

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Old Ottawa South

Old Ottawa South is one of Ottawa’s oldest and charming neighbourhoods; the first settlers arrived in 1814. This community is situated between two gorgeous waterways; the Rideau Canal to the north and the Rideau River to the east and south. Geographically, Old Ottawa South is bounded by Bronson Avenue to the West and by Clegg Avenue to the East.

Today, you will find mostly single-detached heritage homes with some apartments and updated new builds available. Most of the homes in this desirable neighbourhood are well preserved and many have certified heritage status.

More about this Neighbourhood