1305 - 40 Nepean Street

Introducing an exceptional opportunity to own a stunning condo for sale in Ottawa , located at 40 Nepean Street, Ottawa. This remarkable one-bedroom corner suite at Tribeca East is a true standout, bright and beautifully presented, ready for you to move in. The property boasts a desirable south-facing exposure that floods the open-concept living area with an abundance of natural light, showcasing soaring ceilings and elegant hardwood floors. The floor-to-ceiling windows provide breathtaking views of the dynamic city skyline, creating a vibrant backdrop for your urban lifestyle.

The contemporary kitchen is undoubtedly a highlight of this condo for sale in Ottawa. It features a generous 7-foot island that offers both seating and storage, making it perfect for entertaining or casual dining. The kitchen is adorned with granite countertops, sleek lacquered cabinetry, and a custom pantry complete with pull-out drawers for added convenience. Stainless steel appliances and a stylish backsplash further enhance the kitchen's modern appeal, making it a delightful space for culinary enthusiasts.

Step outside onto your private balcony, where deck tiles create an inviting outdoor space to relax and unwind. The bedroom, designed for comfort, includes a double closet, providing ample storage for your belongings. The spa-inspired 4-piece bathroom is a luxurious retreat, featuring granite finishes and direct access to the in-suite laundry facilities. Additionally, a walk-in entry closet and mirrored floor-to-ceiling cabinetry offer exceptional storage solutions, ensuring that your living space remains clutter-free.

This condo for sale in Ottawa is unfurnished, allowing you the freedom to personalise the space to suit your taste and style. The property is equipped with central air conditioning, ensuring comfort throughout the seasons. While there is no pool or fireplace, the building offers a range of outstanding amenities that elevate the living experience. Residents can enjoy a saltwater indoor pool, a 7,000 sq. ft. rooftop terrace complete with BBQs, guest suites, bicycle storage, and conference and party rooms. The 24/7 concierge and security services provide complete peace of mind, making this residence not only stylish but also secure.

Situated in the heart of Centretown, 40 Nepean Street, Ottawa, offers the best of urban living. You will find yourself just steps away from some of Ottawa's most iconic landmarks, including Parliament Hill, the National Arts Centre, the ByWard Market, and the picturesque Rideau Canal. The Rideau Centre and the LRT are conveniently close, while Elgin Street's lively cafés, restaurants, and boutiques are all within easy reach. Additionally, having Farm Boy on the main level makes everyday living effortless and convenient.

This condo for sale in Ottawa also includes a heated underground parking space and a storage locker, adding to the convenience and appeal of this exceptional property. Whether you are seeking a stylish pied-à-terre or a turn-key city retreat, this condo delivers refined design and the best of downtown living.

In summary, 40 Nepean Street, Ottawa, is not just a home; it is a lifestyle choice that combines modern living with the vibrancy of city life. With its exceptional features, prime location, and outstanding amenities, this condo for sale in Ottawa is an opportunity not to be missed. Embrace the urban lifestyle you have always desired in this beautiful residence, where every detail has been thoughtfully designed for your comfort and enjoyment.

Ottawa Centre, designated as postal code 4102, is a vibrant and diverse neighbourhood situated in the heart of Canada’s capital city, Ottawa. This area is characterised by its mix of historic architecture and modern amenities, offering residents a unique blend of urban living and cultural richness. With its proximity to the Parliament Buildings, the Rideau Canal, and a plethora of parks, Ottawa Centre provides ample opportunities for outdoor activities and leisurely strolls. The community is well-served by public transport, making it easy to explore the wider city. Residents can enjoy a lively atmosphere, with an array of shops, cafes, and restaurants, as well as a strong sense of civic engagement and community spirit. Whether you’re drawn to the bustling arts scene or the tranquil green spaces, Ottawa Centre promises a dynamic and fulfilling lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest educational institution is Lisgar Collegiate Institute, a secondary school just 0.5 km away, boasting a commendable rating of 7.9. For younger children, Centennial Public School and Elgin Street Public School are both within a short distance of 1.0 km and 0.5 km, respectively, offering grades from JK to 6, with Elgin Street rated at 7.5 and Centennial at 4.4. Additionally, Hopewell Avenue Public School, which provides a French immersion program for grades JK to 8, is slightly further at 2.9 km, with an impressive rating of 9. For families seeking Catholic education, St. Anthony School is 1.8 km away for grades JK to 6, rated at 7.5, while Immaculata High School offers grades 7 to 12 at a distance of 1.5 km, with a rating of 5.8. Overall, the area is well-served by a variety of public and Catholic schools, ensuring quality education options for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,026 residents, with an average household size of 1.5. The demographic profile reveals a relatively young community, with an average age of 37.2 years. The average household income stands at $105,800, indicating a prosperous environment, although 11.2% of the population is classified as low-income. A significant portion of the community is single, comprising 59.07% of the population, while households with children represent 21.43%. The area is diverse, with 26.89% of residents being immigrants. Housing trends show a high percentage of renters at 73.94%, and condos make up 55.63% of the housing market, with an average property price of $528,000. Educational attainment is notably high, with 86.8% of residents holding a college or university degree. Additionally, 15.23% of the population is not in the labor force, suggesting a mix of employment statuses within the community. Overall, this demographic snapshot highlights a vibrant, educated, and diverse neighborhood, appealing to both renters and potential homeowners alike.