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Unit 802 at Tribeca East

Sold

40 NEPEAN Street 802, Ottawa Centre, ON K2P 0X5

MLS #X11951156

$490,000

Sold on May 19, 2025

May 19, 2025

Originally listed at $499,900 63 days on market

About This Property

OPEN HOUSE SAT 12-2PM. Welcome to Unit 802 at 40 Nepean St. - Come work & play in Centertown Ottawa and live in sought-after Tribeca East! This prestigious building has tons of state of the art amenities which include: an Exercise Centre, Indoor Pool, Party Room, Rooftop Terrace, 3 guest suites, & on-site security! This stunning 2-bed, 2 full bath condo apartment has it all! Kitchen is fully equipped with stainless steel appliances, tons of counter and storage space, granite counter-tops, and an island with seating. Large windows allow for tons of natural light into all rooms. Spacious bedrooms with the Primary bedroom having a full-bath en-suite & lots of closet space. Groceries, Parliament, Financial District, ByWard Market, Rideau Centre and transit are all a very short walk away! Condo fee of $661.16/mo which includes: heat & water. Storage locker included! Flexible closing!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($662/mo) and property tax ($4,407/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$667/sqft
4102 - Ottawa Centre
$457/sqft+45.9%
Ottawa Centre
$547/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 750 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

700-799 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-983
MLS Size700-799
Listed OnJan 31, 2025
Maintenance Fees$662/month
Property Tax$4,407/year

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Rooms

NameSize (m)Size (ft)Features
Kitchen(Main)3.35 x 2.5411.0 x 8.3-
Living Room(Main)3.04 x 2.7910.0 x 9.2-
Foyer(Main)1.52 x 1.425.0 x 4.7-
Bedroom(Main)3.68 x 2.7412.1 x 9.0-
Primary Bedroom(Main)3.68 x 3.0412.1 x 10.0-
Bathroom(Main)2.36 x 1.497.7 x 4.9-
Bathroom(Main)2.5 x 1.78.2 x 5.6-

Room Dimensions Available

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Unit 802 History

Complete transaction history for this unit

Expired

Listed: Oct 23, 2024

$530,000

99 days on marketSale
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Price History

Original List Price

$499,900

Listed on Jan 31, 2025

Sold Price

$490,000

Sold on May 19, 2025

-$9,900

-2.0%

63 days on market

Price History Available

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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 TypeNone

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About Unit 802 at Tribeca East

Unit 802 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 700-799 square feet located at Tribeca East, 40 Nepean Street, Ottawa Centre. This unit is currently sold (sold for $490K).

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 802 Tribeca East Ottawa Centre

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