Sold for:Sold Mar 24, 2025
$1,499,000

492 Queen Elizabeth Drive

Ottawa (Glebe), ON K1S 3N4

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 492 Queen Elizabeth Drive, Ottawa, Glebe

2025-03-19
2025-03-24
Sold
Price
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MLS#
x12029617

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 492 Queen Elizabeth Drive, Ottawa, Glebe

492 Queen Elizabeth Drive is a rare opportunity in the Glebe, one of Ottawa's most coveted neighbourhoods. This stunning three-story detached home is timelessly elegant with modern finishings. It offers breathtaking, unobstructed south-facing views of the Rideau Canal from the third-floor balcony. Step inside to find gracious living spaces flooded with natural light, including a charming formal living room with a gas fireplace, an elegant dining area, and a beautifully renovated kitchen with granite countertops, high-end stainless steel appliances, recessed lighting, and custom cabinetry. The second floor boasts four well-sized bedrooms, featuring a large primary bedroom with water views, and a shared 4-piece bathroom that has been fully updated. The third-floor loft is a showstopper-inviting retreat with vaulted wood ceilings, a cozy gas fireplace, and a private, covered wood balcony overlooking the Rideau Canal, offering the possibility for a cozy family room, an office, or a zen exercise space. The full-sized basement provides ample storage, while the attached garage with a deck built above provides a great outdoor dining space. The Rideau Canal offers the ability to indulge in unique activities such as paddleboarding, kayaking, and ice skating - all from your front yard. Just a few steps away, Lansdowne Park is a vibrant hub with TD Place Stadium, weekly farmers markets, and trendy cafes, while the Bank Street also offers boutique shopping, bakeries, specialty stores, and some of Ottawa's best restaurants. Families will appreciate this property's proximity to schools, including both public and private options, as well as access to beautiful parks, community centres, and recreation facilities.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$11,444
Land Transfer Tax Fee
$26,455

Rental Items

Rental Equipment
None

Basement Type
Full

Interior Features

Laundry Level
Lower Level
Interior Extras
None
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Exterior Extras
Deck, Porch, Recreational Area
Pool
None
Property Features
Lake/Pond, Public Transit, Rec./Commun.Centre, School, Waterfront

Building

Building Type
Detached
Building Style
3-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
70.50 ft
Lot Depth
111.49 ft
Lot Shape
Pie

Inclusions

Inclusions
Refrigerator, Dishwasher, Microwave, Hood Fan, Washer, Dryer, Built/In Oven, Cooktop, Window Blinds, Central/Built-In Vacuum, All Window Coverings, Washer, Dryer and Central Vacuum in as is condition

Exclusions

Exclusions
Fence in the front yard, Stain Glass Insert in Second Level Bathroom

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
4
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level
  • Bathroom—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Primary Bedroom—
    Second level
  • Bedroom 2—
    Second level
  • Bedroom 3—
    Second level
  • Bedroom 4—
    Second level
  • Bathroom—
    Second level
  • Family Room—
    Third level
  • Other—
    Third level, Balcony
  • Recreation—
    Lower level

Washrooms

  • 2-piece, Main
  • 4-piece, Second

Municipality
Ottawa
Neighbourhood
Glebe
Main cross streets
Broadway Ave and Queen Elizabeth Driveway
Directions
From Bank St, turn onto Queen Elizabeth Pl, then turn onto Queen Elizabeth Driveway

MLS® number
X12029617
Data source
Toronto Regional Real Estate Board
Status change
2025-03-24
Listed on
2025-03-19
Days on market
5 days
Possession type
30-59 days
Co-op commission
2% + HST
Seller
Listed by
ENGEL & VOLKERS OTTAWA

Home Market Value

Current home valuation for 492 Queen Elizabeth Drive, Ottawa, Glebe, Ottawa, ON. Listed for $1,499,000

HOMEH Estimate

?

$1,472,790

Estimated Sales Range

?

$1,163,504 - $1,782,076

HOMEH Estimate for 492 Queen Elizabeth Drive, Ottawa, Glebe

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,472,790Medium confidence
Based on 7 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Ottawa, ON
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Land Transfer Tax

Provincial

$26,455

Total Land Transfer Tax

$26,455

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