40 NEPEAN Street, Ottawa Centre, ON

$549,000
MLS#:X9453610
2 beds
2 baths
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 $549,000 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
  • 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
  • 1.0 total parking spaces available with a convenient underground configuration
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Flooring: Tile, Flooring: Hardwood, Welcome to Tribeca East, where urban convenience meets luxurious living in the heart of Ottawa! This stunning 2-bed, 2-bath unit offers an unparalleled living experience in one of the city's most sought-after locations. The open concept layout seamlessly blends style & functionality. Relax & take in the stunning city views from your private south-facing balcony. Residents have exclusive access to a range of top-notch amenities, including indoor pool, fitness centre, party room, outdoor patio w/BBQ, & 24hr security/concierge services. With Farm Boy just steps away, your daily essentials are always within reach. Explore everything Ottawa has to offer right from your doorstep—Parliament Hill, the picturesque Rideau Canal, Confederation Park, City Hall, the Public Library, and the University of Ottawa are all just a short walk away. Complete w/1 storage locker & 1 underground parking spot, this unit offers the perfect blend of practicality & luxury. Some photos have been virtually staged.

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Key Features

Bedrooms
2
Bathrooms
2
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 17, 2024
Sold price information is available to members only
Listed Date8/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyOttawa
Annual Tax$4,688
Legal DescriptionUNIT 3, LEVEL 10, 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 Spaces1.0
Garage TypeUnderground

Heating & Cooling

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

Features

Property Features

Rec./Commun.Centre, Public Transit, Park

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 1003, 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$439,200
Monthly Mortgage$2,552
Property Tax (Est.)$391
Utilities & Maint.$350
Total Monthly Cost$3,293

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.