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$580K · 2 bed Condo Apartment · Unit 2703, 40 Nepean Street, Ottawa, Ontario K2P 0X5 | HomeSearchCanada

$579,900

Unit 2703

84 DOM

2284d

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DOM 84

↓ $20K

$579,900

↓ $20K

DOM84days

Unit 2703

40 Nepean Street · Ottawa · Ontario K2P 0X5

MLS® X13224786 · 4102 - Ottawa Centre · K2P 0X5

22Vacant900-999 ft²Condo Apartment1-car UndergroundNo basement84d$611/ft²$5,350 tax/yrNo basement

Neighbourhood Range

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About this home

UPGRADE YOUR LIFESTYLE with World-Class Living in the Heart of Ottawa!Welcome to THE PENTHOUSE at Tribeca East - one of the largest and most sought-after floor plans in the building. This exceptional suite offers 2 bedrooms, 2 bathrooms, 1 locker, and 1 underground parking space, all within an open-concept layout featuring luxurious 10-ft ceilings. Recently refreshed with brand-new hardwood flooring and a full professional paint job, this home is ready to impress. The bright and airy Great Room…

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Property details

MLS#: X13224786
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 2
Kitchens: 1
Size: 900-999Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 3 pc · Flat; 3 pc · Flat
Family room: Family room
Central vacuum: No
Ensuite laundry: Ensuite laundry

Zoning: Nepean and Metcalfe

View: Skyline

Condo corp #: 983
Balcony: Open
Locker: Exclusive
Fees include: Water Included, Building Insurance Included, Heat Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Nepean and Metcalfe
Stories: 27
Utilities: —
Laundry: In-Suite Laundry
Interior: Other
Parking features: Underground

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $20KPrice reduction

MLS shows the seller reduced the asking price by $20,000 (from $599,900 to $579,900).

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: HOME RUN REALTY INC.

Source: TRREB/PROPTX · MLS® X13224786

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$580K

Unit 2703 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $579,900✓ $5,350 tax✓ Gas✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,441/mo

incl. closing costs (yr 1)

Annual total

$65,294

year 1

Mortgage only

$2,200/mo

principal + interest

Beyond mortgage

$2,110/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$115,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$446/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~950 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%$5,799/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

Condo / HOA fees (mo)$63/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,073

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $26,400/yr

Property taxes21% $13,423/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $5,799/yr

Condo fees14% $9,012/yr

Closing costs8% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$26,400	$2,200/mo
Government & taxes
Property tax	$5,350	$446/mo
Land transfer tax(closing)	$8,073	$673/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%)	$5,799	$483/mo
Condo fees
Condo / HOA fees	$9,012	$751/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	$65,294	$5,441/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 2703

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