40 Nepean Street, Ottawa Centre, ON

$480,000
MLS#:X12905408
2 beds
2 baths
800-899 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["1 Storey/Apt"] condo apartment located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $480,000 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 800-899 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, Storage Area Lockers
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to Tribeca East where downtown living meets modern style.This bright and spacious 2-bedroom, 2-bath condo has it all: underground parking, a storage locker and a sun-soaked interior wrapped in floor-to-ceiling windows. Recently upgraded marble tile flooring flows through the main living areas, adding a sleek, luxurious feel, while the bedrooms keep their warm hardwood finishes for the perfect blend of style and comfort. Quartz countertops, stainless steel appliances, and custom privacy blinds complete the polished look. Step outside your door and enjoy resort-style amenities: a 24-hour concierge, 7,000 sq.ft. landscaped terrace, 4,500 sq. ft. recreation centre with a lap pool and cutting-edge fitness facility, plus rooftop access with jaw-dropping panoramic views of the city. Need groceries? Farm Boy is right downstairs. Want a night out? You're just steps from the ByWard Market, Rideau Canal, Parliament, Elgin Streets buzzing dining scene and endless shopping and entertainment. Vacant and move-in ready, this is your chance to own a stylish downtown retreat in one of Ottawas most coveted addresses. Life at Tribeca East isn't just convenient it's connected, vibrant and full of energy. Some photos from when previously tenanted. Air Conditioning, Building Insurance, Caretaker, Heat, Management Fee,Recreation Facilities, Storage, Water/Sewer are included in the condo fees.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date3/19/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionConcrete, Brick
CountyOttawa
Annual Tax$4,908

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

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for 4102 Ottawa Centre, Ottawa Centre.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
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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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 503, 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.

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Financial Audit

Estimated Costs

Loan Amount$384,000
Monthly Mortgage$2,231
Property Tax (Est.)$409
Utilities & Maint.$350
Total Monthly Cost$2,990

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.

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.