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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Ottawa
  • 4102 - Ottawa Centre
  • 40 Nepean Street
40-nepean-street-ottawa-ontario-x12725628
40-nepean-street-ottawa-ontario-x12725628
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  • Sold Sold in Mar 2026
  • Condo Apt

907 - 40 Nepean Street

Ottawa, 4102 - Ottawa Centre
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 560,000
5.88%
Listed Price: $ 595,000
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Key Facts About 907 - 40 Nepean Street, Ottawa

  • Tax $5,154 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $785.84
  • Size 900 - 999 feet²
  • Listing # X12725628
  • Data Source PROPTX
  • Days on Market 51
  • Listed On 23/01/2026
  • Updated On 17/03/2026
  • Market Demand
    the canadian homethe canadian home

Description

Bright, spacious and ideally located in Tribeca East, this 9th floor corner suite offers unencumbered southeast facing city views that flood the space with natural light through floor to ceiling windows. Offering approximately 955 square feet, this well maintained 2 bedroom 2 bathroom condo features an open concept layout with a bright and airy living space, a balcony, in unit laundry and excellent layout with separation between the bedrooms. The kitchen is finished with stainless steel appliances, granite countertops and a stylish backsplash..

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Property Details of 907 - 40 Nepean Street, Ottawa

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community 4102 - Ottawa Centre
  • Municipality Ottawa

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Bathroom Details 1, 4pc Main
  • Bathroom Details 1, 3pc Main
  • Kitchen 1
  • Rooms 8
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 900 - 999 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Total Parking Places 1

Land

  • Cross Street Nepean between Metcalfe and Elgin

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Our Estimate

Estimated Rent

$ 2,822

Rental Yield

4.70%

School Score

8.2/10

Rental Score

5/5

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Rooms

Dining Room (3.57X1.55 metre)
Level: Main
Kitchen (3.57X3.5 metre)
Level: Main
Primary Bedroom (3.94X5.62 metre)
Level: Main
Bedroom 2 (3.22X4.21 metre)
Level: Main
Bathroom (1.69X2.31 metre)
Level: Main
Bathroom (2.65X1.58 metre)
Level: Main
Foyer (1.52X2.13 metre)
Level: Main
Living Room (3.84X3.57 metre)
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,355

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $786
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 907 - 40 Nepean Street, Ottawa

Introducing an exceptional opportunity to acquire a stunning condo for sale in Ottawa , located at 40 Nepean Street, Ottawa. This bright and spacious corner suite, situated on the 9th floor, boasts unencumbered southeast-facing views of the city that fill the living space with an abundance of natural light, thanks to its floor-to-ceiling windows. With approximately 955 square feet of well-maintained living space, this two-bedroom, two-bathroom apartment is the epitome of modern urban living.

As you step into this condo for sale in Ottawa, you will immediately appreciate the open concept layout that creates a bright and airy atmosphere. The living area flows seamlessly into the dining space, making it perfect for both everyday living and entertaining guests. The kitchen, conveniently located on the main floor, is equipped with stainless steel appliances, granite countertops, and a stylish backsplash, ensuring that it meets the needs of even the most discerning home chef. The thoughtful design includes a separation between the bedrooms, providing privacy and comfort for residents.

This condo for sale in Ottawa features two generously sized bedrooms, each designed to maximise comfort and relaxation. The two bathrooms are well-appointed, catering to the needs of modern living. Additionally, the unit is unfurnished, allowing you the freedom to personalise the space to your taste. The property is in very good condition and comes with two storage lockers, a rare and valuable bonus for those living in downtown Ottawa.

Situated at 40 Nepean Street, Ottawa, this property offers more than just a beautiful living space. It is ideally located directly above Farm Boy, and just steps away from the vibrant shops, restaurants, cafés, and nightlife along Elgin Street. This prime location is perfect for anyone working on Parliament Hill or in the downtown area, as well as young urbanites and seniors who relish being at the heart of the action.

While this condo does not feature a pool or a fireplace, it does come with central air conditioning, ensuring comfort throughout the seasons. The heating is provided by a forced air system, and the unit is equipped with internet access, making it suitable for both leisure and remote work. The absence of a central vacuum system and additional land is compensated by the convenience of an underground garage space, which is included with the property. The garage space is available for rent at a reasonable rate of $120 per month, providing ease of access and security for your vehicle.

Residents of this condo for sale in Ottawa will also enjoy the excellent amenities offered by the building. Although there is no family room or additional rooms, the community boasts a concierge service, fitness centre, party room, rooftop terrace, and guest suites, all designed to enhance your living experience. This makes the property not just a home, but a lifestyle choice.

In summary, this condo for sale in Ottawa at 40 Nepean Street, Ottawa, presents a unique opportunity to embrace urban living in a well-appointed space. With its prime location, modern features, and excellent amenities, it is ideal for anyone looking to immerse themselves in the vibrant culture of Ottawa. Don’t miss out on this opportunity; inquire today for floor plans and further details. This property is available for immediate occupancy, making it a perfect choice for those eager to settle into their new home.

Ottawa Centre, designated as postal code 4102, is a vibrant and diverse geographic area nestled in the heart of Canada’s capital city, Ottawa. This community boasts a rich tapestry of cultural heritage, with historic architecture and modern amenities coexisting harmoniously. Residents enjoy easy access to a plethora of parks, shops, and dining options, as well as proximity to key landmarks such as Parliament Hill and the Rideau Canal. The area is well-served by public transport, making it convenient for commuting and exploring the wider city. With its lively atmosphere and strong sense of community, Ottawa Centre offers a unique blend of urban living and natural beauty, appealing to individuals and families alike.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest school is Lisgar Collegiate Institute, a secondary public school offering grades 9 to 12, located just 0.5 km away, with a commendable rating of 7.9. For younger children, Elgin Street Public School and Centennial Public School are both within 1 km, offering elementary education in French and English, respectively, with ratings of 7.5 and 4.4. Glashan Public School, also nearby at 1.1 km, serves grades 7 to 8 but currently has a rating of 0, indicating potential concerns. Hopewell Avenue Public School, a bit further at 2.9 km, provides a strong French curriculum for grades JK to 8, boasting an impressive rating of 9. Additionally, St. Anthony School, a Catholic elementary school, is 1.8 km away, rated 7.5, and Immaculata High School, also Catholic, is 1.5 km away, rated 5.8. Overall, this area offers a variety of educational options across different languages and school boards, catering to diverse family needs.

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 is notably high at $105,800, 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 account for 21.43%. The area is diverse, with 26.89% of residents being immigrants. A large majority of the housing is rental-based, with 73.94% of residents renting their homes, and condos make up 55.63% of the housing market. The average property price in the area is $528,000, reflecting the demand for housing. Education levels are impressive, with 86.8% of residents holding a college or university degree. Additionally, 15.23% of the population is not in the labor force, indicating a mix of working and non-working residents. Overall, this community presents a blend of youthful energy, educational attainment, and a diverse demographic landscape.

FAQs About 907 - 40 Nepean Street, Ottawa

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Ottawa is 900 - 999.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 40 Nepean Street?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $785.84.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 907 - 40 Nepean Street, Ottawa

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Listing History

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