1407 - 40 Nepean Street, Ottawa, photo 1 1 / 24

$589,000

1407 - 40 Nepean Street

Ottawa Centre, Ottawa, ON K2P0X5 · MLS® X13706014

  • 2Bedrooms
  • 2Bathrooms
  • 1Parking

About this property

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! (id:65933)

Type
Condo apartment
Category
Single Family
Annual taxes
$5,909
Updated
Aug 25, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Coldwell Banker Sarazen Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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