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Located in a vibrant neighborhood, this property offers modern amenities and proximity to local attractions. It is great for urban living, providing easy access to public transportation and nearby parks. Notable features include spacious interiors, contemporary design, and secure parking facilities, enhancing both comfort and convenience.
Things you’ll love
Great for
Features
| Central Air | Hardwood Floor |
| Natural Gas |
Community
| Fitness Center | Onsite Laundry |
| Residents Lounge |
Grounds
| Swimming Pool |
Services
| Concierge Service |
One-time.
One-time. Refundable.
Property Status: Active Welcome to urban living at its finest in the heart of downtown Ottawa. This stylish 1-bedroom, 1-bathroom condo at 40 Nepean offers a bright and modern layout, ideal for professionals or investors seeking a turnkey property in an unbeatable location. The main living space is open-concept and filled with natural light from expansive floor-to-ceiling windows, showcasing impressive city views. Rich hardwood flooring runs throughout, creating a warm and cohesive feel. The kitchen is both functional and contemporary, featuring granite countertops, stainless steel appliances, a tile backsplash, and ample cabinetry, seamlessly connecting to the dining and living areas for easy everyday living and entertaining. The bedroom offers a comfortable retreat with large windows and generous proportions, while the full bathroom is well-appointed with a granite-topped vanity and a clean, modern finish. In-unit laundry is conveniently tucked away, adding to the space's practicality. Residents of 40 Nepean enjoy access to a full suite of amenities, including an indoor pool, fitness centre, rooftop terrace, party lounge, media room, guest suites, and a boardroom, all within a secure building with a 24-hour concierge. Located just steps to Parliament Hill, the Rideau Canal, the National Arts Centre, and the ByWard Market, this address places you in the centre of it all. With Farm Boy, shops, restaurants, and transit at your doorstep, this is downtown living without compromise. Tenant only pays Hydro! Parking rentals are regularly available. Office Phone: (613) 422-8688 Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 40 Nepean Street, Ottawa, ON K2P 0X4, CA compares to other nearby properties.
Positives
| Neighborhood | Centretown |
|---|---|
| Post code | K2P 0X5 |
| Type | Condo for rent |
1-bedroom apartments at 40 Tribeca East cost about 13% more than the average rent price for 1-bedroom apartments in Ottawa.
| Month | Median Rent |
|---|---|
| May 2024 | $1,973 |
| June 2024 | $1,999 |
| July 2024 | $2,003 |
| August 2024 | $2,006 |
| September 2024 | $1,988 |
| October 2024 | $2,010 |
| November 2024 | $1,995 |
| December 2024 | $1,992 |
| January 2025 | $1,994 |
| February 2025 | $1,987 |
| March 2025 | $1,984 |
| April 2025 | $1,985 |
| May 2025 | $1,999 |
| June 2025 | $1,996 |
| July 2025 | $1,981 |
| August 2025 | $1,985 |
| September 2025 | $1,978 |
| October 2025 | $1,948 |
| November 2025 | $1,935 |
| December 2025 | $1,917 |
| January 2026 | $1,898 |
| February 2026 | $1,931 |
| March 2026 | $1,950 |
| April 2026 | $1,930 |
| Month | Median Rent |
|---|---|
| May 2024 | $2,057 |
| June 2024 | $2,042 |
| July 2024 | $2,087 |
| August 2024 | $2,061 |
| September 2024 | $2,009 |
| October 2024 | $2,013 |
| November 2024 | $1,979 |
| December 2024 | $1,975 |
| January 2025 | $1,997 |
| February 2025 | $1,996 |
| March 2025 | $1,999 |
| April 2025 | $1,990 |
| May 2025 | $2,002 |
| June 2025 | $1,983 |
| July 2025 | $1,941 |
| August 2025 | $1,902 |
| September 2025 | $1,877 |
| October 2025 | $1,860 |
| November 2025 | $1,868 |
| December 2025 | $1,875 |
| January 2026 | $1,858 |
| February 2026 | $1,872 |
| March 2026 | $1,860 |
| April 2026 | $1,910 |
Can I afford to live at 905-40 Nepean St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$86,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 3 months ago | $2,100 | 1 bed | 1 bath | ||
| 1 year ago | $2,875 | 1 bed | 1 bath | ||
| 2 years ago | $2,875 | 1 bed | 1 bath | ||
| 2 years ago | $1,895 | 1 bed | 1 bath | ||
| 2 years ago | $2,250 | 1 bed | 1 bath | ||
| 3 years ago | $2,200 | 1 bed | 1 bath | ||
| 3 years ago | $2,400 | 1 bed | 1 bath | ||
| 4 years ago | $1,950 | 1 bed | 1 bath | ||
| 4 years ago | $2,600 | 2 bed | 2 bath |
Occupied
Studio
1 Bath
$1,600
Air Conditioning • Dishwasher • In-Unit Laundry • Hardwood Floor • Furnished • Central Heat
Occupied
1 Bed
1 Bath
$2,000
Air Conditioning • Balcony • High Ceilings • Dishwasher • Walk-In Closets • In-Unit Laundry
Occupied
1 Bed
1 Bath
$2,200
Dishwasher • Air Conditioning • In-Unit Laundry • Assigned Parking
Occupied
1 Bed
1 Bath
$2,200
Air Conditioning • Outdoor Space • Dishwasher • In-Unit Laundry • Hardwood Floor • Assigned Parking
Occupied
1 Bed
1 Bath
$2,250
Air Conditioning • High Ceilings • Outdoor Space • Dishwasher • In-Unit Laundry • Hardwood Floor
Occupied
1 Bed
1 Bath
$2,875
Air Conditioning • Balcony • High Ceilings • Outdoor Space • Dishwasher • In-Unit Laundry
Occupied
2 Beds
2 Baths
$2,100
Air Conditioning • Balcony • Central Heat
Occupied
2 Beds
2 Baths
$2,600
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