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Listed 19 days ago

2007 - 40 Nepean Street

4102 - Ottawa Centre, Ottawa Centre

$619,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

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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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size900-999 sq. ft.
Maintenance Fees$861
LockerOwned
BalconyEnclosed
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$5,763
mls© NumberX13843424
Listed ByDETAILS REALTY INC.
Heat Included
Water Included
CAC Included
Building Insurance Included
Common Elements Included

Listing History

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  • 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.

Down payment20% · $123,800
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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