Sold for:Sold Aug 4, 2025
$333,888

Unit 1304, 40 Nepean Street

Ottawa (Ottawa Centre), ON K2P 0X5

Condo Apartment SoldNot available
Tribeca East exteriorTribeca East27 storeys, 179 suites, built 2015

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit 1304, 40 Nepean Street, Ottawa, Ottawa Centre

2025-07-04
2025-08-04
Sold
Price
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MLS#
x12264479
2025-04-10
2025-07-04
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 1304, 40 Nepean Street, Ottawa, Ottawa Centre

AMAZING INVESTMENT OPPORTUNITY Welcome to Tribeca East - an affordable contemporary studio apartment including heated underground PARKING and a storage locker. Located in an amenity-filled building with a beautiful indoor pool, fitness centre, party room, outdoor patio with BBQs, a rooftop terrace, guest suites and concierge/security. Bonus access to Farmboy without even having to leave the building! Ideal during the winter months. The unit itself is a clever and practical layout, offering modern finishes including hardwood floors, stone countertops and stainless steel appliances. Walking distance to the Parliament LRT Station, Rideau Centre Shopping Centre, Canal, Elgin Street, Bank Street, Restaurants, Coffee Shops, Museums, Pharmacies, Parks and the Queensway - you name it! Whether you are a professional that often travels to Ottawa for work, work downtown, a student, or someone who enjoys simplicity and luxury, this unit is for you! Condo fees include Heat (gas), A/C and Water! VACANT POSSESSION AVAIL. AUG. 1st.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,446
Land Transfer Tax Fee
$3,483

Condo/Maintenance Fee

Maintenance Fee
$482 /month

Included In Maintenance Fee

  • Heat Included
  • Common Elements Included
  • Water Included
  • Building Insurance Included
  • CAC Included
  • Parking Included

Rental Items

Rental Equipment
Tenant's belongings

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Laundry Level
Main Level
Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
None
Accessibility Features
Elevator

Building Amenities

  • Concierge
  • Gym
  • Indoor Pool
  • Party Room/Meeting Room
  • Sauna
  • Elevator

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
983

Construction

Exposure
West
Exterior Finish
Concrete, Brick
Special Designation
Unknown

Inclusions

Inclusions
Stove, Refrigerator, Dishwasher, Hood Fan, Washer, Dryer, Window Blinds

Exclusions

Exclusions
Tenant's belongings

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
Owned
Locker Unit
108
Locker Level
F

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Washrooms
1
Kitchens
1

Room sizes

  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Bathroom—
    Main level
  • Utility Room—
    Main level
  • Foyer—
    Main level
  • Laundry—
    Main level

Washrooms

  • 4-piece, Main

Municipality
Ottawa
Neighbourhood
Ottawa Centre
Main cross streets
Metcalfe St/Nepean St
Directions
From Somerset St W toward Elgin St, turn onto Metcalfe St, then turn onto Nepean St

MLS® number
X12264479
Data source
Toronto Regional Real Estate Board
Status change
2025-08-04
Listed on
2025-07-04
Days on market
31 days
Possession date
2025-08-01
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
ENGEL & VOLKERS OTTAWA

Home Market Value

Current home valuation for Unit 1304, 40 Nepean Street, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $333,888

HOMEH Estimate

?

$326,091

Estimated Sales Range

?

$248,839 - $403,343

HOMEH Estimate for Unit 1304, 40 Nepean Street, Ottawa, Ottawa Centre

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$326,091Medium confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Ottawa, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$16,695

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
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%
$
+CMHC insurance
$12,688$9,315$7,947$0
=Total mortgage
$329,882$309,814$291,752$267,110
Amortization
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%
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Payment frequency
=Mortgage payment
$1,611monthly$1,513monthly$1,424monthly$1,304monthly
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Land Transfer Tax

Provincial

$3,483

Total Land Transfer Tax

$3,483

Around this home

8/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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