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New4 days ago

598 Queen Elizabeth Drive

4401 - Glebe, Glebe - Ottawa East and Area

$1,980,000

Detached|3-Storey
3 | 4 | 2
About this home

This beautiful home enjoys a rare position overlooking the Rideau Canal, with wonderful views and lots of natural light throughout. The front garden is framed by beautiful crab-apple trees, while rear laneway access provides convenient parking. A welcoming vestibule with coat closets opens to the gracious living room, featuring hardwood floors, elegant moldings, a fireplace and a bay window with beautiful views of the Canal. Double French doors lead to the family room, where another Canal-facing bay window incorporates built-in banquette seating - an ideal place to read or enjoy the view. The kitchen features granite countertops, stainless steel appliances and a centre island. An adjoining breakfast room opens directly to the fenced, low-maintenance backyard, with both terraced and green space. A spacious dining room and powder room complete the main floor. The second level offers two generous bedrooms and a full bathroom, while the entire third floor is devoted to the primary suite, with Canal views and a private ensuite bathroom. The basement provides excellent additional living space with a large family room, bedroom with ensuite bathroom, dedicated laundry room and plenty of storage. With its fabulous Canal setting, beautiful natural light and inviting living spaces, this is a wonderful family home in one of Ottawa's most walkable and desirable locations.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style3-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$13,213
Lot Size47 ft x 100 ft
mls© NumberX13723846
Listed ByMARILYN WILSON DREAM PROPERTIES INC.

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%
$10,135
Property tax
$1,101
Heat allowance
$150
Housing costs
$11,386 / mo

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

Down payment20% · $396,000
25-yr amortization

Income needed

$350,000

gross annual household income

Payment at 4%
$8,332 / mo
Cash down
$396,000

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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