40 Nepean Street, Unit 201, Ottawa Centre, ON
Property no longer active
This property was sold on April 25, 2025. This listing is for reference purposes only. to view the sold price.
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 $468,000 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 800-899 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Guest Accommodations, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover Luxury Living In this Impeccable 1 Bed + Den Condo (875 Sqft) In The Heart Of Downtown Ottawa's Vibrant Parliament Hill Area. This Spacious And Rare THE PLAZA Floor Plan Unit Boasts Floor-To-Ceiling Windows, Gleaming Hardwood Floors, Upgraded Ceiling-Height Kitchen Cabinets And A Private Balcony Perfect For Relaxation. The Open-Concept Chef's Kitchen Features Corian Countertops, A Peninsula Breakfast Bar, And Premium Stainless Steel Appliances, While The Spacious Den Doubles As A Second Bedroom. Enjoy The Master Bedroom With Ample Closet Space And Large Widow, A Modern Bathroom And The Convenience Of In-Suite Laundry. Included Are (2) TWO PARKING Spots In The Underground Heated Garage And A Storage Locker. This Unit Floods With Natural Light, Offering An Elegant Foyer, Stylish Living, Dining Areas, And Access To The Exclusive Tribeca Building Amenities: A Swimming Pool And Sauna, Aprox. 4500 SQ FT Fitness Center, 7000 SQ FT Landscaped Terrace With Gas BBQs, Rooftop Observation Deck, Party Room, Guest Suites, And Dedicated Security. Steps Away From Farm Boy Supermarket (Direct Access Through Building), With Rexall And Top Schools Nearby. Just 1.1 Km From Ottawa Rideau Centre Mall, Byward Market, And The Rideau Canal, You're Minutes From Shopping, Nightlife, Fine Dining, And Transit, Including The LRT. Perfectly Situated Near Ottawa's Best Attractions, Cafes, And Parks, This condo Blends Sophistication, Comfort, And Unbeatable Convenience.
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Property Summary
This condo apartment located at 40 Nepean Street, Ottawa Centre is currently for sale and has been available on SousaSells for 497 days. This property is listed at $468,000 with an estimated mortgage of $1,558* per month. It has 1 bed, 1 bathroom, and is 800-899 square feet. 40 Nepean Street, Ottawa Centre is in the 4102 - Ottawa Centre neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Library, Park, Public Transit, Rec./Commun.Centre, School
Interior Features
Carpet Free, Guest Accommodations, In-Law Capability, In-Law Suite
Security Features
Concierge/Security, Smoke Detector
Community Features
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Location
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 201, Ottawa Centre, ON K2P 0X5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $468,000 in Ottawa Centre, the legal minimum down payment is $23,400 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,835 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,835.
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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.