Yes ocarina did end like that. After the "dance scene" (my favorite ending) it does some stuff which I will not say due to spoilers, but after it saves and what not, it just starts you back at ganons tower,

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"Draw thy beak from out my heart, and pull thy form from off my door! Quoth the raven: Nevermore."
"The easiest way to piss someone off is to agree with them from the very beginning."
Lelouch: "whippersnappers these days, with their Dragonforce and their Disturbed, why in MY day we had Iron Maiden!"

Sig and Avi by me