40 Nepean Street, Unit 4, Ottawa Centre, ON

$288,000
MLS#:X13631876
0 beds
1 baths
0-499 sqft
Residential Condo & Other
40 Nepean Street 1204, Ottawa Centre, ON K2P 0X5

Property Highlights

Welcome to this remarkable 1 Storey/Apt 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 $288,000 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.

  • 0 Bedrooms and 1 Bathroom
  • Generous living space spanning 0-499 sqft
  • 0.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Tribeca at 40 Nepean! This spacious and bright 12th floor bachelor unit offers an impressive layout with a wall of windows that fills the space with natural light and creates an open, airy feel. The functional kitchen provides ample counter space, all appliances, and the added convenience of in-suite laundry. The sleeping area is generously sized, and the open concept design makes the unit feel even more spacious. A large storage locker, conveniently accessible from the parking garage, is also owned. Enjoy exceptional building amenities including an indoor POOL, SAUNA, fitness centre, BBQ area with picnic tables, party room, conference room, ROOFTOP terrace, GUESTS SUITE, concierge and plenty of underground VISITOR PARKING. Ideally located in the heart of the city with Farm Boy attached to the building, plus lcbo, pharmacy, cafés, restaurants, Starbucks, and Scone Witch just steps away. Walk to City Hall, the National Arts Centre, Ottawa U, the courthouse, Confederation Park, and enjoy nearby Rideau Canal pathways for walking, running, and cycling.

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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 3 days. This property is listed at $288,000 with an estimated mortgage of $959* per month. It has 0 beds, 1 bathroom, and is 0-499 square feet. 40 Nepean Street, Ottawa Centre is in the 4102 - Ottawa Centre neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in 4102 - Ottawa Centre, Ottawa Centre.

Great for Small Household / Couples
What We Love About This Home
  • 1 well-appointed bathroom
  • 0-499 sqft of generous functional square footage
  • Desirable Condo Apartment architecture in 4102 - Ottawa Centre, Ottawa Centre
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Ottawa Centre.

Target Buyer Match

Key Features

0
Bathrooms
1
Kitchens
1
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date8/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionBrick
BasementNone
CountyOttawa
Annual Tax$3,249.87

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 40 Nepean Street, Unit 4, Ottawa Centre, ON

Q.What is the asking price for 40 Nepean Street, Unit 4, Ottawa Centre, ON ?

The current listing price for 40 Nepean Street, Unit 4, Ottawa Centre, ON in 4102 - Ottawa Centre, Ottawa Centre is $288,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 1 bathroom across approximately 0-499 sqft.

Q.What property type and architectural style is 40 Nepean Street, Unit 4, Ottawa Centre, ON ?

40 Nepean Street, Unit 4, Ottawa Centre, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Virtual Tour & 3D Walkthrough

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Location

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40 Nepean Street, Unit 4, 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 1204, 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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.

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Interest Rate4.00%
Down Payment$86,400 (30.0%)
* Minimum Canadian down payment required for this price is $14,400.
Amortization Period30 Years
Estimated Monthly Payment$959Based on a loan of $201,600 over 30 years.
Purchase Price$288,000
Loan Amount$201,600
Provincial Land Transfer Tax:$2,795
Total Estimated Closing Taxes:$2,795

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $288,000 in Ottawa Centre, the legal minimum down payment is $14,400 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 $2,795 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 $2,795.

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4102 - Ottawa Centre, Ottawa Centre 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$755,563

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%

Best Schools in 4102 - Ottawa Centre, Ottawa Centre

Elementary Schools

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Secondary Schools

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4102 - Ottawa Centre, Ottawa Centre Demographic Home information

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.