40 Nepean Street, Unit 1407, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Ottawa Centre. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $589,000 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
- Generous living space spanning 900-999 sqft
- 1.0 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
Experience downtown living at its finest in the prestigious Tribeca East! Ideally situated in the heart of Ottawa's vibrant core, this unit features 2 bedrooms, 2 full bathrooms, 1 underground parking space, and 1 storage locker.This sun-filled 14th-floor corner unit boasts floor-to-ceiling windows and a private balcony showcasing spectacular panoramic views of Ottawa's south and east skyline. The open-concept layout seamlessly blends urban sophistication with everyday comfort, featuring rich hardwood floors, neutral tones, and a functional kitchen complete with high-end cabinetry, stainless steel appliances, and a stylish island.Designed for exceptional privacy and flexibility, the thoughtful floor plan positions the two generously sized bedrooms on opposite sides of the unit. The expansive primary retreat offers ample closet space and its own full en-suite bathroom. The second bedroom is conveniently located near the main full bathroom--an ideal layout for professionals, roommates, or hosting guests.Enjoy ultimate convenience with Farm Boy located right inside the building complex, O-Train Parliament Station just a short walk away, and the vibrant Elgin Street dining district, Rideau Centre, Parliament Hill, and the Rideau Canal right at your doorstep. Exceptional building amenities include 24/7 concierge/security, an indoor swimming pool, a fully equipped fitness centre, and a party room.Unbeatable location, rare dual-bath privacy layout, and premium parking/locker combo-this property offers an exceptional urban lifestyle or high-yielding investment opportunity!
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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 24 days. This property is listed at $589,000 with an estimated mortgage of $1,961* per month. It has 2 beds, 2 bathrooms, and is 900-999 square feet. 40 Nepean Street, Ottawa Centre is in the Ottawa Centre neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Ottawa Centre, Ottawa Centre.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •900-999 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Ottawa Centre.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Ottawa Centre?
If you are looking for a house in Ottawa Centre or researching Ottawa Centre real estate for sale, this 2-bedroom condo apartment at 40 Nepean Street, Unit 1407, Ottawa Centre, ON offers an exceptional opportunity to buy a home in Ottawa Centre, Ontario. Whether you are a first-time Ottawa Centre home buyer or comparing active Ottawa Centre MLS® homes for sale, working with a dedicated Ottawa Centre buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Ottawa Centre realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Ottawa Centre Buyer Budget & Costs
Estimated mortgage: $1,961*/month*. Estimated Ontario Land Transfer Tax: $8,255. First-time Ottawa Centre home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Ottawa Centre
Frequently Asked Questions about 40 Nepean Street, Unit 1407, Ottawa Centre, ON
Q.What is the asking price for 40 Nepean Street, Unit 1407, Ottawa Centre, ON ?
The current listing price for 40 Nepean Street, Unit 1407, Ottawa Centre, ON in Ottawa Centre, Ottawa Centre is $589,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 900-999 sqft.
Q.What property type and architectural style is 40 Nepean Street, Unit 1407, Ottawa Centre, ON ?
40 Nepean Street, Unit 1407, Ottawa Centre, ON is a Condo Apartment (Apartment) 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 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Ottawa Centre, Ottawa Centre
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 40 Nepean Street 1407, 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 $589,000 in Ottawa Centre, the legal minimum down payment is $33,900 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 $8,255 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 $8,255.
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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.
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