40 NEPEAN Street, Ottawa Centre, ON
Property no longer active
This property was sold on November 6, 2024. 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 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
Description
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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Property Summary
This condo apartment located at 40 NEPEAN Street, Ottawa Centre is currently for sale and has been available on SousaSells for 693 days. This property is listed at $549,000 with an estimated mortgage of $1,827* per month. It has 2 beds, 2 bathrooms, and is unknown 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
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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
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 $549,000 in Ottawa Centre, the legal minimum down payment is $29,900 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 $7,455 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 $7,455.
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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.