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Unit 1305 at Tribeca East

Sold

40 Nepean Street 1305, Ottawa Centre, ON K2P 0X5

MLS #X12693060

$405,000

Sold on May 25, 2026

May 25, 2026

Originally listed at $429,900 90 days on market

About This Property

This exceptional one-bedroom corner suite at Tribeca East is a true standout - bright, beautifully presented, and move-in ready. The south-facing exposure floods the open-concept living area with natural light, showcasing soaring ceilings, hardwood floors, and floor-to-ceiling windows that frame dynamic city skyline views. The contemporary kitchen is a showstopper, featuring a 7-foot island with seating and storage, granite counters, sleek lacquered cabinetry, custom pantry with pull-out drawers, stainless steel appliances, and a stylish backsplash. A private balcony with deck tiles extends the living space outdoors. The bedroom includes a double closet, while the spa-inspired 4-piece bathroom pairs granite finishes with direct access to the in-suite laundry. A walk-in entry closet and mirrored floor-to-ceiling cabinetry provide exceptional storage. Wood accents warm the modern aesthetic. This pet-friendly, smoke-free residence includes a heated indoor parking space and a storage locker. Residents also enjoy outstanding amenities: a saltwater indoor pool, 7,000 sq. ft. rooftop terrace with BBQs, guest suites, bicycle storage, conference and party rooms, plus 24/7 concierge and security services for complete peace of mind. Perfectly situated in the heart of Centretown, Tribeca East offers the best of urban living. You're just steps from Ottawa's most iconic landmarks-Parliament Hill, the National Arts Centre, the ByWard Market, and the Rideau Canal. The Rideau Centre, LRT, and Elgin Street's lively cafés, restaurants, and boutiques are all within easy reach, while having Farm Boy on the main level makes everyday living effortless. Underground Parking and Storage Locker included. Whether you're seeking a stylish pied-à-terre or a turn-key city retreat, this condo delivers refined design and the best of downtown living.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($625/mo) and property tax ($4,327/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$661/sqft
4102 - Ottawa Centre
$457/sqft+44.6%
Ottawa Centre
$547/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 650 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

600-699 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-983
MLS Size600-699
Listed OnJan 12, 2026
Maintenance Fees$625/month
Property Tax$4,327/year

Property Details Available

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)4.34 x 4.2414.2 x 13.9-
Living Room(Main)4.34 x 4.2414.2 x 13.9-
Living Room(Main)4.34 x 4.2414.2 x 13.9-
Living Room(Main)4.34 x 4.2414.2 x 13.9-
Kitchen(Main)3.86 x 3.6112.7 x 11.8-
Kitchen(Main)3.86 x 3.6112.7 x 11.8-
Kitchen(Main)3.86 x 3.6112.7 x 11.8-
Kitchen(Main)3.86 x 3.6112.7 x 11.8-
Bedroom(Main)3.66 x 312.0 x 9.8-
Bedroom(Main)3.66 x 312.0 x 9.8-
Bedroom(Main)3.66 x 312.0 x 9.8-
Bedroom(Main)3.66 x 312.0 x 9.8-
Bathroom(Main)2.31 x 1.527.6 x 5.0-
Bathroom(Main)2.31 x 1.527.6 x 5.0-
Bathroom(Main)2.31 x 1.527.6 x 5.0-
Bathroom(Main)2.31 x 1.527.6 x 5.0-
Laundry(Main)1.22 x 14.0 x 3.3-
Laundry(Main)1.22 x 14.0 x 3.3-
Laundry(Main)1.22 x 14.0 x 3.3-
Laundry(Main)1.22 x 14.0 x 3.3-
Foyer(Main)2.31 x 1.127.6 x 3.7-
Foyer(Main)2.31 x 1.127.6 x 3.7-
Foyer(Main)2.31 x 1.127.6 x 3.7-
Foyer(Main)2.31 x 1.127.6 x 3.7-
Other(Main)3.1 x 1.3210.2 x 4.3-
Other(Main)3.1 x 1.3210.2 x 4.3-
Other(Main)3.1 x 1.3210.2 x 4.3-
Other(Main)3.1 x 1.3210.2 x 4.3-

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Unit 1305 History

Complete transaction history for this unit

Terminated

Listed: Nov 5, 2025

$429,900

68 days on marketSale
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2 More Transactions Available

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Transaction History Available

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Price History

Original List Price

$429,900

Listed on Jan 12, 2026

Sold Price

$405,000

Sold on May 25, 2026

-$24,900

-5.8%

90 days on market

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameTribeca East
Address40 Nepean Street, Ottawa Centre
Parking TypeUnderground

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About Unit 1305 at Tribeca East

Unit 1305 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 600-699 square feet located at Tribeca East, 40 Nepean Street, Ottawa Centre. This unit is currently sold (sold for $405K).

About Tribeca East

Tribeca East is located at 40 Nepean Street, Ottawa Centre. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

4102 - Ottawa Centre Neighbourhood

This unit is located in 4102 - Ottawa Centre, part of Ottawa Centre in the Ottawa area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Tribeca East, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 1305 Tribeca East Ottawa Centre

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