40 NEPEAN Street, Ottawa Centre, ON

$429,000
MLS#:X9520263
1 beds
1 baths
700-799 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 and concrete construction, this residence presents an exceptional opportunity offered at $429,000 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
  • Generous living space spanning 700-799 sqft
  • 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
  • Notable attributes: Unknown
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Impeccably designed corner unit! (735 sqf)Boasting a spacious foyer and a stylish open-concept living and dining area, this unit is flooded with natural light from its numerous windows. Large private balcony, perfect for enjoying outdoor relaxation. The gourmet kitchen is equipped with quartz countertops, premium stainless steel appliances with convenience of in-suite laundry at the end. Elegant hardwood and ceramic flooring throughout. The expansive primary bedroom has lots of room for your large furniture. Beautiful and Modern bath right next to it. Enjoy the exclusive amenities of the Tribeca Club, including fitness center, indoor pool, media room, rooftop terrace, and barbecue patio. Onsite security. Located steps from downtown's vibrant scene, you'll have Farm Boy next door, easy access to cafes, parks, transit, the LRT. Perfectly situated near Parliament Hill, Rideau Canal, Ottawa U and the fine dining of Elgin Street. Parking & Locker are included. 3 photos Virtually staged., Flooring: Hardwood, Flooring: Ceramic

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMarch 19, 2025
Sold price information is available to members only
Listed Date9/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick, Concrete
CountyOttawa
Annual Tax$4,431
Legal DescriptionUNIT 1, LEVEL 16, 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

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 1601, 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$343,200
Monthly Mortgage$1,994
Property Tax (Est.)$369
Utilities & Maint.$350
Total Monthly Cost$2,713

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.