40 NEPEAN Street, Ottawa Centre, ON

$415,000
MLS#:X9446946
1 beds
1 baths
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 and concrete construction, this residence presents an exceptional opportunity offered at $415,000 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.

  • 1 Bedroom and 1 Bathroom
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy
  • Features a ["none", "none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Flooring: Tile, Flooring: Hardwood, Welcome to this stunning, spacious, one bedroom condo in the heart of downtown Ottawa. Perfectly located just steps from Parliament Hill, the picturesque Rideau Canal, shopping, and some of the city’s best restaurants, this corner unit offers urban living at its finest. Featuring an open-concept living space with an abundance of natural light, offering modern finishes. Freshly painted throughout, with sleek finishes from the crisp white kitchen, stainless steel appliances to the granite counters, this space offers a multi-purpose layout. A large bedroom with ample closet space, next to the contemporary bath. Enjoy the vibrant cityscape views from your private, north facing, balcony, ideal for your morning coffee or evening relaxation. Additional highlights include in-suite laundry, secure building access, storage locker, and premium amenities. An opportunity to live in one of Ottawa’s most coveted locations, on a quiet one-way street, steps from Farmboy and transit. 24 hr irrev.

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Key Features

Bedrooms
1
Bathrooms
1
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 28, 2024
Sold price information is available to members only
Listed Date6/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick, Concrete
CountyOttawa
Annual Tax$4,072
Legal DescriptionUNIT 1, LEVEL 14, OTTAWA-CARLETON STANDARD CONDOMINIUM PLAN NO. 983 AND ITS APPURTENANT INTEREST SUBJECT TO AND TOGETHER WITH EASEMENTS AS SET OUT IN SCHEDULE A AS IN OC1752599 CITY OF OTTAWA

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

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

Features

Property Features

Rec./Commun.Centre, Public Transit

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 1401, 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$332,000
Monthly Mortgage$1,929
Property Tax (Est.)$339
Utilities & Maint.$350
Total Monthly Cost$2,618

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.