Unit 1306, 40 Nepean Street
Ottawa (Ottawa Centre), ON K2P 0X5
Tribeca East27 storeys, 179 suites, built 2015- 1Bedroom
- 1Bathroom
- 0Parking
- 600–699Sq Ft
- $3,909Tax
- $550/moCondo Fee
Estimated Value:$360,000See Free Estimate Report
Property not available for sale or for rent.
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About Unit 1306, 40 Nepean Street, Ottawa, Ottawa Centre
Summarized Description
- Bright, spacious 1-bedroom condo in downtown Ottawa.
- Move-in ready with modern urban presence.
- Open-concept layout with natural light.
- Private balcony with city views.
- Convenient in-suite laundry and storage.
- Close to amenities and public transit.
- Ideal for first-time buyers or investors.
- Vacant and easy to show.
This bright and move-in-ready downtown condo offers the perfect blend of space, convenience, and urban lifestyle in one of Ottawa Centre's most walkable locations. Set on the 13th floor, this SOUTH-FACING 1-bedroom, 1-bathroom suite offers approximately 670 sq. ft., making it 1 of the more spacious 1-bedroom layouts and a great option for 1st-time buyers, professionals, downsizers, or investors. The building welcomes you with a modern urban presence, secure entry, concierge service, and well-maintained common areas that create a polished 1st impression. Inside the unit, the open-concept layout feels practical and comfortable, with floor-to-ceiling windows that fill the living space with natural light and frame unobstructed city and skyline views. The living and dining area is easy to furnish and flows naturally to the private balcony, offering a quiet spot to enjoy fresh air, morning coffee, or evening city views. The kitchen is clean and functional, featuring granite countertops, stainless steel appliances, a breakfast bar, and ample cabinetry, giving the space a polished yet everyday-friendly feel. The bedroom is generously sized for a downtown condo, with room for more than just a bed, plus a walk-in closet for excellent storage. A sleek 3-piece bathroom, convenient in-suite laundry, and an exclusive storage locker add to the comfort and practicality. Residents can enjoy a strong package of amenities, including 24-hour concierge/security, an indoor pool, fitness centre, guest suite, party and meeting rooms, outdoor terrace with BBQs, and bike storage. The location is a major highlight, with Farm Boy right in the building and restaurants, pharmacy, LCBO, transit, the LRT, Parliament Hill, the National Arts Centre, and the Financial District all nearby. For anyone looking for a stylish, bright, and highly convenient downtown lifestyle, this condo delivers excellent value in a truly connected setting. VACANT!!! Easy to Show!! Book your showing today!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,909
- Land Transfer Tax Fee
- $4,172
Condo/Maintenance Fee
- Maintenance Fee
- $550 /month
Included In Maintenance Fee
- Heat Included
- Water Included
- CAC Included
- Building Insurance Included
- Common Elements Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite, In Bathroom, In-Suite Laundry
- Laundry Level
- Main Level
- Interior Extras
- Carpet Free
- View
- City, Downtown, Skyline
- Fireplace/Stove
- No
- Elevator
- Yes
Exterior Features
- Balcony
- Open
- Accessibility Features
- Elevator, Accessible Public Transit Nearby
Building Amenities
- Concierge
- Gym
- Indoor Pool
- Party Room/Meeting Room
- Community BBQ
- Bike Storage
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Building Name
- Tribeca East
- Approx Age
- 11-15
- Condo Corp Number
- 983
Construction
- Exposure
- South
- Exterior Finish
- Brick, Concrete
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Dishwasher, Microwave/Hood Fan, Refrigerator, Stove, Dryer, Washer, Smoke Detector, All Bathroom Mirrors; All Light Fixtures, All Drapery Tracks, Drapes, Window Screens, and All Window Coverings.
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 0
- Parking Type
- None
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 0
Lockers
- Locker Type
- Exclusive
- Locker Unit
- 6
- Locker Level
- B
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Main level, Combined w/Dining, W/O To Balcony, Window Floor to Ceiling
- Bedroom—Main level, Walk-In Closet(s), Large Window, Coffered Ceiling(s)
- Kitchen—Main level, Breakfast Bar, Granite Counters, Stainless Steel Appl
- Foyer—Main level
- Bathroom—Main level, 3 Pc Bath
- Laundry—Main level
Washrooms
- 3-piece, Main
- Municipality
- Ottawa
- Neighbourhood
- Ottawa Centre
- Main cross streets
- O'Connor St/Nepean St
- Directions
- Head toward O'Connor St, turn right onto O'Connor St, then turn left onto Nepean St, the home will be on the right.
- MLS® number
- X13120828
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-13
- Listed on
- 2026-05-12
- Days on market
- 62 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- ROYAL LEPAGE TEAM REALTY
Home Market Value
Current home valuation for Unit 1306, 40 Nepean Street, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $379,800
HOMEH Estimate
$360,000
Estimated Sales Range
$280,135 - $439,865
HOMEH Estimate for Unit 1306, 40 Nepean Street, Ottawa, Ottawa Centre
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$18,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $14,432 | $10,596 | $9,039 | $0 |
=Total mortgage | $375,242 | $352,416 | $331,869 | $303,840 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,832monthly | $1,721monthly | $1,620monthly | $1,483monthly |
Land Transfer Tax
$4,172
$4,172
Around this home
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