40 Nepean Street, Ottawa Centre, ON

$595,000
MLS#:X12725628
2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $595,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Bright, spacious and ideally located in Tribeca East, this 9th floor corner suite offers unencumbered southeast facing city views that flood the space with natural light through floor to ceiling windows. Offering approximately 955 square feet, this well maintained 2 bedroom 2 bathroom condo features an open concept layout with a bright and airy living space, a balcony, in unit laundry and excellent layout with separation between the bedrooms. The kitchen is finished with stainless steel appliances, granite countertops and a stylish backsplash....it flows seamlessly into the living and dining areas, making it ideal for everyday living and entertaining. The unit is in very good condition and includes two storage lockers, a rare and valuable bonus for downtown living. Located directly above Farm Boy and steps to the shops, restaurants, cafés and nightlife along Elgin Street, this location is ideal for anyone working on Parliament Hill or downtown, as well as young urbanites or seniors who enjoy being at the centre of the action. Tribeca East offers excellent amenities including concierge service, fitness centre, indoor pool, party room, rooftop terrace and guest suites. Available immediately with a parking space conveniently rented at $120 per month. Ask for floor plans.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMarch 17, 2026
Sold price information is available to members only
Listed Date1/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyOttawa
Annual Tax$5,154

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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40 Nepean Street, Ottawa Centre, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Nepean Street 907, Ottawa Centre, ON K2P 0X5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$476,000
Monthly Mortgage$2,766
Property Tax (Est.)$430
Utilities & Maint.$350
Total Monthly Cost$3,546

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Ottawa Centre.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 4102 Ottawa Centre, Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.