Sold
$489,500
2bed|2bath|800-899sqft
1 parking|1 locker
Unit 1203
40 Nepean Street 1203, Ottawa Centre, ON K2P 0X5
Residential Condo & Other|$751 fees|$4945 tax
MLS #X12829656
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Unit 503 at Tribeca East
Sold40 Nepean Street 503, Ottawa Centre, ON K2P 0X5
MLS #X12905408
$440,000
Sold on August 11, 2026
August 11, 2026
Originally listed at $480,000 92 days on market
About This Property
Welcome to Tribeca East where downtown living meets modern style.This bright and spacious 2-bedroom, 2-bath condo has it all: underground parking, a storage locker and a sun-soaked interior wrapped in floor-to-ceiling windows. Recently upgraded marble tile flooring flows through the main living areas, adding a sleek, luxurious feel, while the bedrooms keep their warm hardwood finishes for the perfect blend of style and comfort. Quartz countertops, stainless steel appliances, and custom privacy blinds complete the polished look. Step outside your door and enjoy resort-style amenities: a 24-hour concierge, 7,000 sq.ft. landscaped terrace, 4,500 sq. ft. recreation centre with a lap pool and cutting-edge fitness facility, plus rooftop access with jaw-dropping panoramic views of the city. Need groceries? Farm Boy is right downstairs. Want a night out? You're just steps from the ByWard Market, Rideau Canal, Parliament, Elgin Streets buzzing dining scene and endless shopping and entertainment. Vacant and move-in ready, this is your chance to own a stylish downtown retreat in one of Ottawas most coveted addresses. Life at Tribeca East isn't just convenient it's connected, vibrant and full of energy. Some photos from when previously tenanted. Air Conditioning, Building Insurance, Caretaker, Heat, Management Fee,Recreation Facilities, Storage, Water/Sewer are included in the condo fees.
Investment Analysis
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($792/mo) and property tax ($4,908/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$565/sqft4102 - Ottawa Centre
$457/sqft+23.6%
Ottawa Centre
$547/sqft
Fair Market Price
Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 850 sqft.
Property Details
Bedrooms
2
Bathrooms
2
Square Feet
800-899 sqft
Property Type
Residential Condo & Other
ParkingYes
Parking TypeNone
LockerYes
Heating TypeForced Air
Style1 Storey/Apt
Ensuite LaundryNo
Corp #TSCC-983
MLS Size800-899
Listed OnMar 18, 2026
Maintenance Fees$792/month
Property Tax$4,908/year
Property Details Available
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Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Kitchen(Main) | 3.35 x 1.52 | 11.0 x 5.0 | - |
| Kitchen(Main) | 3.35 x 1.52 | 11.0 x 5.0 | - |
| Kitchen(Main) | 3.35 x 1.52 | 11.0 x 5.0 | - |
| Kitchen(Main) | 3.35 x 1.52 | 11.0 x 5.0 | - |
| Kitchen(Main) | 3.35 x 1.52 | 11.0 x 5.0 | - |
| Kitchen(Main) | 3.35 x 1.52 | 11.0 x 5.0 | - |
| Kitchen(Main) | 3.35 x 1.52 | 11.0 x 5.0 | - |
| Kitchen(Main) | 3.35 x 1.52 | 11.0 x 5.0 | - |
| Kitchen(Main) | 3.35 x 1.52 | 11.0 x 5.0 | - |
| Kitchen(Main) | 3.35 x 1.52 | 11.0 x 5.0 | - |
| Kitchen(Main) | 3.35 x 1.52 | 11.0 x 5.0 | - |
| Kitchen(Main) | 3.35 x 1.52 | 11.0 x 5.0 | - |
| Dining Room(Main) | 3.27 x 2.74 | 10.7 x 9.0 | - |
| Dining Room(Main) | 3.27 x 2.74 | 10.7 x 9.0 | - |
| Dining Room(Main) | 3.27 x 2.74 | 10.7 x 9.0 | - |
| Dining Room(Main) | 3.27 x 2.74 | 10.7 x 9.0 | - |
| Dining Room(Main) | 3.27 x 2.74 | 10.7 x 9.0 | - |
| Dining Room(Main) | 3.27 x 2.74 | 10.7 x 9.0 | - |
| Dining Room(Main) | 3.27 x 2.74 | 10.7 x 9.0 | - |
| Dining Room(Main) | 3.27 x 2.74 | 10.7 x 9.0 | - |
| Dining Room(Main) | 3.27 x 2.74 | 10.7 x 9.0 | - |
| Dining Room(Main) | 3.27 x 2.74 | 10.7 x 9.0 | - |
| Dining Room(Main) | 3.27 x 2.74 | 10.7 x 9.0 | - |
| Dining Room(Main) | 3.27 x 2.74 | 10.7 x 9.0 | - |
| Living Room(Main) | 4.44 x 3.98 | 14.6 x 13.1 | - |
| Living Room(Main) | 4.44 x 3.98 | 14.6 x 13.1 | - |
| Living Room(Main) | 4.44 x 3.98 | 14.6 x 13.1 | - |
| Living Room(Main) | 4.44 x 3.98 | 14.6 x 13.1 | - |
| Living Room(Main) | 4.44 x 3.98 | 14.6 x 13.1 | - |
| Living Room(Main) | 4.44 x 3.98 | 14.6 x 13.1 | - |
| Living Room(Main) | 4.44 x 3.98 | 14.6 x 13.1 | - |
| Living Room(Main) | 4.44 x 3.98 | 14.6 x 13.1 | - |
| Living Room(Main) | 4.44 x 3.98 | 14.6 x 13.1 | - |
| Living Room(Main) | 4.44 x 3.98 | 14.6 x 13.1 | - |
| Living Room(Main) | 4.44 x 3.98 | 14.6 x 13.1 | - |
| Living Room(Main) | 4.44 x 3.98 | 14.6 x 13.1 | - |
| Primary Bedroom(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Primary Bedroom(Main) | 3.12 x 304 | 10.2 x 997.4 | - |
| Primary Bedroom(Main) | 3.12 x 304 | 10.2 x 997.4 | - |
| Primary Bedroom(Main) | 3.12 x 304 | 10.2 x 997.4 | - |
| Primary Bedroom(Main) | 3.12 x 304 | 10.2 x 997.4 | - |
| Primary Bedroom(Main) | 3.12 x 304 | 10.2 x 997.4 | - |
| Primary Bedroom(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Primary Bedroom(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Primary Bedroom(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Primary Bedroom(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Primary Bedroom(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Primary Bedroom(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Bedroom 2(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Bedroom 2(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Bedroom 2(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Bedroom 2(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Bedroom 2(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Bedroom 2(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Bedroom 2(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Bedroom 2(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Bedroom 2(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Bedroom 2(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Bedroom 2(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Bedroom 2(Main) | 3.12 x 3.04 | 10.2 x 10.0 | - |
| Laundry(Main) | 2.2 x 1.65 | 7.2 x 5.4 | - |
| Laundry(Main) | 2.2 x 1.65 | 7.2 x 5.4 | - |
| Laundry(Main) | 2.2 x 1.65 | 7.2 x 5.4 | - |
| Laundry(Main) | 2.2 x 1.65 | 7.2 x 5.4 | - |
| Laundry(Main) | 2.2 x 1.65 | 7.2 x 5.4 | - |
| Laundry(Main) | 2.2 x 1.65 | 7.2 x 5.4 | - |
| Laundry(Main) | 2.2 x 1.65 | 7.2 x 5.4 | - |
| Laundry(Main) | 2.2 x 1.65 | 7.2 x 5.4 | - |
| Laundry(Main) | 2.2 x 1.65 | 7.2 x 5.4 | - |
| Laundry(Main) | 2.2 x 1.65 | 7.2 x 5.4 | - |
| Laundry(Main) | 2.2 x 1.65 | 7.2 x 5.4 | - |
| Laundry(Main) | 2.2 x 1.65 | 7.2 x 5.4 | - |
Room Dimensions Available
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Unit 503 History
Complete transaction history for this unit
1 More Transactions Available
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Transaction History Available
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Price History
Original List Price
$480,000
Listed on Mar 18, 2026
Sold Price
$440,000
Sold on Aug 11, 2026
-$40,000
-8.3%
92 days on market
Price History Available
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OQ
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Building Information
Building NameTribeca East
Address40 Nepean Street, Ottawa Centre
Parking Type
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About Unit 503 at Tribeca East
Unit 503 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 800-899 square feet located at Tribeca East, 40 Nepean Street, Ottawa Centre. This unit is currently sold (sold for $440K).
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 503 Tribeca East Ottawa Centre
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