1103 - 40 Nepean Street
Ottawa Centre, ON
- 2 bed
- 2 bath
- approx. 900-999 sqft
- Condo Apartment
- 69 days on market
Welcome to stylish downtown living in the heart of Ottawa! This beautifully updated 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, convenience and urban lifestyle. Featuring hardwood flooring throughout, an upgraded kitchen with modern finishes, in-suite laundry and a private balcony, this move-in-ready home is designed for easy everyday living. The spacious open-concept layout is ideal for both relaxing and entertaining, while the two well-appointed bedrooms and two full bathrooms provide flexibility for professionals, guests or those working from home. Step outside and enjoy one of Ottawa's most walkable locations. You're just minutes from Parliament Hill, the National Arts Centre, the Financial District, the LRT station, and an incredible selection of restaurants, cafés, shops and entertainment. Residents enjoy exceptional building amenities, including 24-hour concierge and security, an indoor pool, fitness centre, guest suite, party and conference rooms, plus a beautifully landscaped outdoor terrace complete with BBQs-perfect for gathering with family and friends. Whether you're looking for a vibrant place to call home or a low-maintenance lifestyle in the city's core, this condo offers outstanding value in an unbeatable location. Don't miss your opportunity to experience everything downtown Ottawa has to offer!
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $4,929
- Listed
- July 6, 2026
Price History
Property
- Style
- Apartment
- Construction
- Concrete, Brick
- Foundation
- Concrete
- Interior
- Primary Bedroom - Main Floor, Storage
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 0
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Located on the corner of Metcalfe Street and Nepean Street.
- Zoning
- Residential Condo
- Parcel Number
- 159830064
- Possession
- Flexible
- Occupancy
- Vacant
Condo
- Maintenance Fee
- $680/month
- Fee Includes
- Common Elements Included
- Pets
- Yes-with Restrictions
- Locker
- Exclusive
- Balcony
- Enclosed
Included
- Inclusions
- Fridge, dishwasher, oven, microwave hood fan, washer, and dryer.
Schools
Elementary
- Elgin Street Public School0.4 km
Public · Ottawa-Carleton DSB · 370 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 84% met the provincial standard
- Centennial Public School1 km
Public · Ottawa-Carleton DSB · 290 students
Grade 3 reading: 29% met the provincial standard · Grade 6 math: 32% met the provincial standard
- Glashan Public School1.1 km
Public · Ottawa-Carleton DSB · 315 students
Secondary
- Lisgar Collegiate Institute0.4 km
Public · Ottawa-Carleton DSB · 960 students
Grade 10 literacy: 91% met the provincial standard
- Urban Aboriginal Alternate High School1.1 km
Public · Ottawa-Carleton DSB
- Richard Pfaff Secondary Alternate Site1.3 km
Public · Ottawa-Carleton DSB · 225 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K2P
- Population
- 18,825
- Private dwellings
- 14,113
- Median age
- 34.4
- Average household size
- 1.5
- Median household income
- $66,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in Ottawa Centre · last 12 months
- Median sold price
- $448,500
- Homes sold
- 374
- Median days on market
- 34
- Sale-to-list price
- 97.1%
Based on 374 recorded sales of residential condo & other properties in Ottawa Centre over the last 12 months.
Rooms
3-piece, 3-piece
Main
- Bedroom10'3" x 10'
- Kitchen23'7" x 13'1"
- Living Room23'7" x 13'1"
- Primary Bedroom11'5" x 10'4"
Listed by
ENGEL & VOLKERS OTTAWA
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$97,800
Estimated Monthly Payment
$2,402
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,402/mo (20% down, 5.5%)
Taxes: $411/mo · Insurance: $122/mo
Maint: $680/mo
Estimates only. Consult a financial advisor.
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