45.4191° N · 75.6932° W — Ottawa Centre, Ottawa — MLS® #X13528466
1103-40 Nepean St
$489,000
Ottawa Centre, Ottawa, Ontario K2P 0X5
- 2
- BedroomsBeds
- 2
- BathroomsBaths
- 900-999 sqft900-999
- SizeSq ft
Inquire about this listing
In short · from the listing record
1103-40 Nepean St is a 2-bedroom, 2-bathroom condo in Ottawa Centre, Ottawa, listed for sale at an asking price of $489,000 (MLS® X13528466).
Welcome to stylish downtown living in the heart of Ottawa! This beautifully updated 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, convenience and urban lifestyle. Featuring hardwood flooring throughout, an upgraded kitchen with modern finishes, in-suite laundry and a private balcony, this move-in-ready home is designed for easy everyday living. The spacious open-concept layout is ideal for both relaxing and entertaining, while the two well-appointed bedrooms and two full bathrooms provide flexibility for professionals, guests or those working from home. Step outside and enjoy one of Ottawa's most walkable locations. You're just minutes from Parliament Hill, the National Arts Centre, the Financial District, the LRT station, and an incredible selection of restaurants, cafés, shops and entertainment. Residents enjoy exceptional building amenities, including 24-hour concierge and security, an indoor pool, fitness centre, guest suite, party and conference rooms, plus a beautifully landscaped outdoor terrace complete with BBQs-perfect for gathering with family and friends. Whether you're looking for a vibrant place to call home or a low-maintenance lifestyle in the city's core, this condo offers outstanding value in an unbeatable location. Don't miss your opportunity to experience everything downtown Ottawa has to offer!
Listing readings
How it measures up
Scores from the listing record and the market around it.
76Good
Condition score
2 documented update signals
Listing age, structured features and disclosed update language; not an inspection.
33Shortfall
Cash flow quality
−$897/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 14 condos with 2 bedrooms for lease in Ottawa Centre right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $4,929 / 2026
- MLS® number
- X13528466
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Time on market
- Size
- 900-999 sqft
- Listed on
- Parking
- None, 0 Parking
Listing history
Listing activity for 1103-40 Nepean St, Ottawa, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $489,000 | N/A | Sc | X13528466 |
Inside
Room by room
From the listing.
- Living3.98 × 7.18 m
- Kitchen3.98 × 7.18 m
- Primary3.14 × 3.47 m
- Br3.04 × 3.12 m
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Ottawa Centre
- Municipality
- Ottawa
Building
- Size
- 900-999 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc, 1 × 3pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Parliament | OC Transpo light rail: O-Train Line 1 | 500 m |
| Rideau | OC Transpo light rail: O-Train Line 1 | 800 m |
| Lyon | OC Transpo light rail: O-Train Line 1 | 900 m |
| uOttawa | OC Transpo light rail: O-Train Line 1 | 1.1 km |
| Lycée Claudel | OC Transpo bus rapid transit: Transitway | 2.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.
Around it
Condo Apt in Ottawa Centre
Active listings only, today.
Condos for sale in Ottawa Centre right now
- For sale now
- 129
- Median asking price
- $415K
- New in 7 days
- 12
- Price cuts
- 26%
Middle half: $345K to $545K
41 in 28 days
33 listings
This home is asking 18% above the median.
See all homes in Ottawa CentreAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- ca regulatedNone in rangeNot in Rideau Valley Conservation Authority’s mapped regulated area
- floodNone in rangeNot in the municipality’s mapped flood area
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- transitOn recordTransit stop within 400 m From the transit agency’s published stop map; the nearest is 110 m away. Routes and stops change; check the agency’s schedule.
- trailOn recordA trail on the Ontario trail network within 1 km
- permitsOn record31 building permits issued within 250 m in the last 2 years Creating 122 new homes.
- airportOn recordNearest airport: 5.6 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 22 test or monitoring holes also recorded.
- groundwaterOn recordGroundwater recorded about 6.8 m below ground nearby The middle water level in the well records within 500 m (150 records). It changes with the season and from spot to spot.
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Public Works and Government Services Canada — Cliff Central Heating and Cooling Plant, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.
- fcsiOn record21 federal contaminated sites within 1 km 7 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.
- electricityOn recordElectricity is distributed here by Hydro Ottawa Limited
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Rideau Valley Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Land transfer tax on this home
- Ontario land transfer tax
- $6,255
- Total land transfer tax
- $6,255
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,255
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $489,000
- $1,780
- Ontario total
- $6,255
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Elgin Street Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion93%Grade 6 average450 m
- Centennial Public SchoolOttawa-Carleton DSBPublic · grades JK–8 · French Immersion64%Grade 6 average1 km
- École élémentaire catholique Coeur d'OttawaConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–8100%Grade 6 average1.3 km
- St Anthony Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion86%Grade 3 average1.8 km
SecondaryGrade 9 math 2024–25
- Lisgar Collegiate InstituteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion73%Grade 9 math450 m
- Urban Aboriginal Alternate High SchoolOttawa-Carleton DSBPublic · grades 9–12 · French Immersion—1.1 km
- Immaculata High SchoolOttawa Catholic School BoardCatholic · grades 9–12 · French Immersion55%Grade 9 math1.4 km
- École secondaire catholique Saint-Jean-BaptisteConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades 9–12—1.5 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$3,322
- Mortgage$2,231
- Property tax$411
- Condo or maintenance fee$680
A planning figure, not a quote.
Land transfer tax
$6,255
$2,255 for first-time buyers.
Rent, similar homes
$2,425
a month, median asking rent of 14 similar homes in Ottawa Centre.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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