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2007 - 40 Nepean Street
4102 - Ottawa Centre, Ottawa Centre
$619,000
Space, comfort, and convenience come together at Tribeca East in the heart of downtown Ottawa. This bright 955 sq. ft. residence offers two bedrooms, two full bathrooms, a premium heated underground parking space conveniently located near the elevator, and TWO storage lockers. Floor-to-ceiling windows fill the open-concept living and dining areas with natural light, while the kitchen features granite countertops, a large island, a natural stone backsplash, and stainless-steel appliances. Engineered hardwood flooring extends throughout the unit, creating a polished and cohesive interior.The two generously sized bedrooms are thoughtfully positioned on opposite sides of the residence, providing excellent privacy. Enjoy year-round comfort with a recently upgraded heat pump system offering independent in-suite climate control.Residents of Tribeca East enjoy an impressive selection of amenities, including an indoor pool, fitness centre, sauna, guest suite, party room, conference room, landscaped courtyard, communal BBQ area, and secure building entry. For exceptional everyday convenience, Farm Boy is directly connected to the building complex. The shops, restaurants, and services of Elgin Street are just steps away, while Parliament Station and Ottawa's LRT network are only a short walk from your door, offering convenient access throughout the city. Parliament Hill, the Rideau Canal, the National Arts Centre, Rideau Centre, and ByWard Market are all within easy reach. An exceptional opportunity to enjoy spacious, connected, and convenient downtown living. Some photos are virtually staged. This unique unit will not last long.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 11-15 |
| Size | 900-999 sq. ft. |
| Maintenance Fees | $861 |
| Locker | Owned |
| Balcony | Enclosed |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $5,763 |
| mls© Number | X13843424 |
| Listed By | DETAILS REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,168
- Property tax
- $480
- Heat allowance
- $150
- Condo fees, half counted
- $430
- Housing costs
- $4,229 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$130,000
gross annual household income
- Payment at 4%
- $2,605 / mo
- Cash down
- $123,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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