
492 Queen Elizabeth Drive
Ottawa (Glebe), ON K1S 3N4
- 4Bedrooms
- 2Bathrooms
- 1Garage
- 2000–2500Sq Ft
- $11,444Tax
- 71×111 ftLot Size
- Estimated Value:$1,472,790See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 492 Queen Elizabeth Drive, Ottawa, Glebe
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-03-19 | 2025-03-24 | Login to See Prices | Sold | 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.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $999,000 over $500K
$124,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $54,923 | $41,822 | $35,676 | $0 |
=Total mortgage | $1,428,007 | $1,390,922 | $1,309,826 | $1,199,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,972monthly | $6,791monthly | $6,395monthly | $5,855monthly |
Land Transfer Tax
$26,455
$26,455
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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