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Commercial Property in Glebe - Ottawa East and Area
About 221 Echo Drive
An exceptional commercial leasing opportunity at one of Ottawa's most recognizable waterfront locations! Positioned at the prominent corner of Hawthorne Avenue and Colonel By Drive, directly overlooking the iconic Rideau Canal, 221 Echo Drive offers approximately 3,100 sq. ft. of commercial space in a truly outstanding setting. Previously operating as a restaurant and pub, the property presents an exciting opportunity for a restaurant, café, pub, or hospitality concept looking to establish a destination in the heart of the city. The location benefits from outstanding street exposure, direct access to the Rideau Canal pathway network, and a steady mix of local residents, commuters, cyclists, pedestrians, and visitors throughout the year. During the winter months, the Rideau Canal Skateway and Winterlude create an additional opportunity to attract visitors enjoying one of Ottawa's most celebrated seasonal attractions. Situated in desirable Old Ottawa East, just minutes from the Glebe, Lansdowne Park, Elgin Street, and downtown Ottawa, the property is surrounded by established neighbourhoods and continued residential intensification, including several nearby multi-residential developments. With its prominent corner positioning, exceptional canal views, and established history as a restaurant and pub, 221 Echo Drive offers the potential to become a signature dining or hospitality destination along one of Ottawa's most iconic corridors. Net rent is $33 per sq. ft. annually, plus additional rent of $15 per sq. ft. annually.
Glebe - Ottawa East and Area retail priced at $33 — book a tour to see if it fits your search.
Inside 221 Echo Dr
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
7317
Listing & possession
Property class
Commercial Retail
221 Echo Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14169394$33
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 221 Echo Dr Compares to the Glebe - Ottawa East and Area Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 221 Echo Dr
Market pulse · Glebe - Ottawa East and Area
Median sold price$1,040,000Last 90 days
Average days on market27Homes sold in about 27 days on average.
Sale-to-list ratio98.8%On average, homes sold below asking.
Active listings99Homes for sale here right now.
Median vs prior 90 days−3.0%Compared with May 15 – Aug 13, 2026: prices down.
Based on 113 sales from Aug 13 – Nov 11, 2026 (100 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 221 Echo Dr
How much is 221 Echo Dr listed for?
221 Echo Dr is listed at $33 (MLS® X14169394). Summitly updates the price as soon as the MLS® record changes.
Has the price of 221 Echo Dr changed?
No — 221 Echo Dr is still listed at its original asking price of $33.
How many bedrooms and bathrooms does 221 Echo Dr have?
The listing for 221 Echo Dr doesn't publish its bedroom and bathroom count. It is a commercial property in Glebe - Ottawa East and Area.
How does 221 Echo Dr compare with other homes in Glebe - Ottawa East and Area?
Its asking price of $33 is about 100% below the median sold price in Glebe - Ottawa East and Area over the last 90 days, $1,040,000, across 113 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 221 Echo Dr been sold before?
Summitly has no earlier MLS® sale or lease of 221 Echo Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 221 Echo Dr?
221 Echo Dr is in Glebe - Ottawa East and Area, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 221 Echo Dr been on the market?
2 days — 221 Echo Dr was listed on November 9, 2026.
What is the land transfer tax on 221 Echo Dr?
About $0 in Ontario land transfer tax at the asking price of $33. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 221 Echo Dr or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 221 Echo Dr?
The listing for 221 Echo Dr doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Glebe - Ottawa East and Area.
When was 221 Echo Dr built?
The listing for 221 Echo Dr doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.