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$390K · 1 bed Other · Unit 2001, 40 NEPEAN Street, Ottawa, Ontario K2P 0X5 | HomeSearchCanada

$389,900

Unit 2001

363 DOM

11363d

Map

⚡ Insider Deal

DOM 363

↓ $30KMotivated SellerPrice Reduced

$389,900

↓ $30KMotivated Seller

DOM363days

Unit 2001

40 NEPEAN Street · Ottawa · Ontario K2P 0X5

MLS® X12367458 · 4102 - Ottawa Centre · K2P 0X5

11TenantOccupied700-799 ft²OtherNoneNo basement363d$520/ft²$4,633 tax/yrNo basement

363 days on market

About this home

Live, work and play in one of Ottawa's hottest neighbourhoods! Only steps away from shopping, restaurants and more! Come live in this 735 SF super trendy 1 bed/1 bath corner unit in the sky, featuring breathtaking views of our nations Capital! Blackout blinds in bedroom. Enjoy your VIP lifestyle with club like amenities such as concierge service, indoor pool, full gym, party/meeting room, guest suites. Farm Boy on ground floor, access from parking garage as well. Underground parking and storage…

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Property details

MLS#: X12367458
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 1 full, 0 half
Rooms: 3
Kitchens: 1
Size: 700-799Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Other
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

PIN: 159830125
Roll / ARN: 061404180133913

Occupancy: Tenant Occupied
Washrooms: 4 pc
Central vacuum: No
Ensuite laundry: No

Zoning: Residential

Property features: Rec./Commun.Centre, Public Transit, Park

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Concrete
Fronting on: —
Cross street: Nepean Street between Metcalfe and Elgin
Stories: 20
Utilities: —
Laundry: Ensuite
Interior: None
Parking features: Underground

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $30KPrice reduction

MLS shows the seller reduced the asking price by $30,000 (from $419,900 to $389,900).

Motivated SellerWhy this label

363 days on market — Listing has been active for 363 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: EXP REALTY

Source: TRREB/PROPTX · MLS® X12367458

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$390K

Unit 2001 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $389,900✓ $4,633 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,439/mo

incl. closing costs (yr 1)

Annual total

$41,266

year 1

Mortgage only

$1,479/mo

principal + interest

Beyond mortgage

$1,141/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$77,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$386/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$3,899/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,324

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $17,750/yr

Property taxes22% $8,957/yr

Utilities10% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance9% $3,899/yr

Closing costs12% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$17,750	$1,479/mo
Government & taxes
Property tax	$4,633	$386/mo
Land transfer tax(closing)	$4,324	$360/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$3,899	$325/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$41,266	$3,439/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 2001

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs