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Location

40 Nepean Street, Ottawa, Ontario K2P 0S5, Canada|Centretown

Contact

Dore PM

(819) 303-5306

Amenities for 40 Nepean Street, Centretown

Apartment Amenities

Air ConditioningBalcony
DryerHardwood Floor
Storage Locker

Appliances

DishwasherIn-Unit Laundry
MicrowaveRefrigerator
Stove

Building

Fitness CenterGym
LoungeOnsite Laundry
Residents Lounge

Grounds

Assigned ParkingStorage
Swimming Pool

Services

Hot Water Tank Rental
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 40 Nepean Street

HomeApartments in OttawaCentretown 40 Nepean Street, Ottawa, Ontario K2P 0S5, Canada

Ottawa, Centretown. This 1 bedroom, 1 Full bathroom Apartment Condominium is for rent! Available Feb 1st, 2026! Heat and Water included! This Condo features an updated kitchen with lots of cupboards, counter space and Stainless Steel appliances (fridge, stove, dishwasher and microwave). Hardwood and ceramic flooring throughout. The bedroom is spacious with a large closet. In-suite Laundry. Balcony. Central air. Storage locker (LEVEL B) and One underground parking spot (LEVEL F) is included. Amenities include gym, indoor pool and lounge (2ND/3RD FLOORS). Close proximity to HWY, Transit, Restaurants, Shopping, Parks, Schools and so much more! No smoking, please.


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Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 40 Nepean Street, Ottawa, ON K2P 0X4, CA compares to other nearby properties.

Positives

Images available
There are at least 10 photos of this address

Address details

NeighborhoodCentretown
Post codeK2P 0S5
TypeApartment for rent

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Rent trends in Centretown

1-bedroom apartments at 40 Nepean Street cost about 17% more than the average rent price for 1-bedroom apartments in Ottawa.

Median rents as of Dec 6 2025.
Centretown
Ottawa
A table of 1-bedroom apartment rental data trends in Ottawa
MonthMedian Rent
December 2023$1,949
January 2024$1,942
February 2024$1,937
March 2024$1,957
April 2024$1,960
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$1,900
A table of 1-bedroom apartment rental data trends in Centretown
MonthMedian Rent
December 2023$2,350
January 2024$2,200
February 2024$2,287
March 2024$1,995
April 2024$2,025
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

Affordability calculator

Can I afford to live at 40 Nepean Street?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$87,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $87,960 annually to afford this 1-bedroom monthly rent price of $2,199.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 40 Nepean Street, Ottawa, ON.
1 year ago$2,8751 bed1 bath
2 years ago$2,8751 bed1 bath
2 years ago$1,8951 bed1 bath
2 years ago$2,8751 bed1 bath
3 years ago$2,2001 bed1 bath
3 years ago$2,4001 bed1 bath
4 years ago$1,9501 bed1 bath
4 years ago$2,6002 bed2 bath
4 years ago$1,8601 bed1 bath
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Internet available near 40 Nepean Street

Getting around Ottawa near 40 Nepean Street

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

5/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 40 Nepean Street, Ottawa

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

9/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

5/10
Some bars within a few minutes’ walk

Explore the area around 40 Nepean Street

Farm Boy
193 Metcalfe St
Massine's Your Independent Grocer
296 Bank St
JJS Market
380 Laurier Ave W
Thana Market
386 Bank St
Bottega Nicastro Fine Food SHP
64 George St

Other units at this address

40 Nepean Street Ottawa, ON

Occupied

2404

Studio

1 Bath

$1,600

Listed by Sam Mostafavi
Days on market: 1426
Fully furnished studio Very cozy, modern, No parking, and with in unit laundry on the 24th floor with an amazing view. Gorgeous hardwood flooring and ceramic tile throughout, granite countertops. Enjoy this upscale downtown living in Ottawa. Imagine living in a prime location with easy access to shops, markets (Farm boy located on ground floor connected through underground parking), Elgin Street restaurants, Rideau Centre, Ottawa University, Parliament Hill & City Hall. Maintain a healthy lifestyle with an on-site indoor pool, gym and nearby trails along the scenic Rideau Canal. 24hour security and concierge at the reception desk, 2nd floor amenities include a fitness centre, change rooms, indoor poo. Gas heat/central air. storage locker is included but Parking not included with the unit but may be possible to arrange privately.

Occupied

203

1 Bed

1 Bath

$2,000

Listed by Matthew Philip
Days on market: 1907
**Available immediately ** Welcome to 40 Nepean, One of Ottawa’s most prestigious and central condos found right in the heart of Centre Town. This 1 bedroom 1 bathroom corner unit is everything you need to enjoy city living at its finest. Brand new stainless steel appliances, in unit laundry, maximized living space with floor to ceiling windows flooding the unit with natural light is exactly why you’ll fall in love with this modern unit. Unlike all units in this building, this condo offers it’s very own back terrace where you’re able to enjoy, relax and tan, do some yoga, or walk out and take a few steps to the BBQs offered by the building. Amazing condo amenities include Landscaped outdoor terrace, large indoor pool, Gym, multiple guest suites, business office, Rec room and more! Also with a brand new Farmboy opened Steps from the front entrance, life will be that much easier. You're also literally steps from restaurants, cafes, clubs, and so much more! *Unit comes with Underground parking and storage locker. *Heat and Water Included! Contact matt@ fahelandco. com with any questions or to book your private walk through. Act quickly because this unit won’t last long! *Available immediately *

Occupied

1 Bed, 1 Bath

1 Bed

1 Bath

$2,200

Listed by Miguel Ds
Days on market: 1900
One Bedroom Condo with Parking & Storage - Central Downtown Ottawa - 19th floor ▪Flexible availability▪ Perfect modern one-bedroom condo for young professionals in the fabulous Tribeca East in Central Downtown Ottawa. Expansive windows and 9ft high ceilings, Luxurious kitchen featuring modern open-concept, complete with 4 European sized appliances, refrigerator, oven range, dishwasher and over-the-range microwave. Stackable washer and dryer located in suite. At the Centre of Cafés, Restaurants, Bars, Shops, and Parks, you’ll always be feeling the vibe of this stunning new condominium address. Excellent walk-score downtown and steps from the new LRT (O-train) station, City Hall, University of Ottawa, National Arts Centre, Rideau Centre, Rideau Canal, Parliament Hill, Byward Market, Rexall pharmacy and your very own Farm Boy Supermarket in the building. Amenities: ▪ Lobby ▪ Elevator (24 hour swipe system) ▪ Guest Suites ▪ Board Room ▪ Media Room ▪ Meeting Room ▪ Change Rooms ▪ Exercise (Gym) Room ▪ Community (Party) Room ▪ Outdoor Patio with BBQs ▪ Indoor Pool ▪ Splash Pad ▪ Bike Storage ▪ Concierge ▪ 24 Hour Video Security ▪ Underground Visitor Parking Available. For inquiries, please contact the owner by phone at 613-795-3623. Visits available upon request.

Occupied

1602

1 Bed

1 Bath

$2,200

Listed by Erica Lang
Days on market: 946
Centretown location right in the heart of Ottawa Walking distance to office buildings, shops, restaurants and essential services. Spacious 1 bed & 1 bath & open working space AC ( heat / cool ), water, garbage collection One secured assigned underground parking One storage locker Amenities include : Board Room Common Outdoor Space Concierge Elevators Event Room Guest Suite Gym Parking Pool Security Storage

Occupied

2502

1 Bed

1 Bath

$2,250

Listed by Thomas Desjardins
Days on market: 900
Welcome home to this stunning 25th-floor condo with views of the Gatineau Hills and Ottawa’s iconic Peace Tower. This open-concept plan boasts luxury finishes and 6 stainless steel appliances. Steps to Byward Market, Rideau Canal, and the light rail system with a refreshed Farm Boy grocery store on the ground floor. Loads of amenities are available at Tribeca Club’s 4,500 square foot rec center including a large gym, sunny indoor pool, party room, meeting room, lounge, guest suites, concierge, and 24hr security. The rental rate Includes Heating/Cooling, Parking, and Locker. Proof of income, photo ID, and credit check are required w/ applications. Available August 1st. Photos are from the previous tenant.

Occupied

2105

1 Bed

1 Bath

$2,875

Listed by Angie Dion
Days on market: 410
Elevate your lifestyle in this bright, high-end 1 bdrm+den oasis on the 21st floor of downtown's sought after Tribeca East building. Live worry free in this fully-furnished unit which includes all utilities, internet, and 1 underground heated parking space. Enjoy a 100% walk score, and live steps away from Parliament, City Hall, Rideau Centre, Elgin Street, and the Rideau Canal. Amenities include: indoor heated pool, sauna, gym, rooftop terrace, BBQ area, 24/7 concierge, and FarmBoy supermarket & Wine Rack within the building. Your urban oasis awaits! TO BOOK A VIEWING TEXT OR CALL ART AT: 613-513-3586

Occupied

2607

2 Beds

2 Baths

$2,100

Listed by Christina Norton
Days on market: 1872
Heat, water and a/c included! Available immediately, enjoy the luxury of your new home in Claridge Tribeca East (Centretown) built in 2015. 26th floor, 2 bedroom, 2 bathroom (1 ensuite) 955 sq. ft. apartment with 6 appliances, open kitchen with living and dining area and small balcony. Beautiful unobstructed southern view! Ensuite laundry, stainless steel appliances. Bedrooms at opposite ends of the apartment for additional privacy. Master with ensuite bathroom. Conveniently located within walking distance of fine dining, shopping and public transportation. Steps away from Farm Boy grocery store and Rexall Pharmacy right outside the building, Elgin Street, Parliament Hill, the Rideau Canal, National Arts Centre, Rideau Centre shopping, Byward Market and more. Exceptional building amenities include bicycle storage, large roof top terrace overlooking Parliament Hill and the Peace Tower, 2 guest suites and 3 conference rooms for resident use, party room, 24 hour security and concierge at the reception desk, 3 high speed elevators, storage locker. 2nd floor amenities include a fitness centre, change rooms, indoor lap pool, childrens splash pad and 7,000 sq. ft. outdoor terrace, with bbqs off the party room and roof top terrace. No smoking, no parking included in rent but is available to arrange privately. $2100 + hydro To arrange an in person viewing, please note visits are limited to 2 people per appointment and you must be wearing a mask. For more information or to book a viewing, please text, email or call Christina at 613-799-3421

Occupied

#903

2 Beds

2 Baths

$2,600

Listed by Amanda Dicerni
Days on market: 1619
Bright, 2 bedroom, 2 bathroom condo for rent in the heart of Downtown Ottawa. Located in one of the city’s most popular condo buildings, Tribeca, this unit features an open concept floor plan, floor to ceiling windows, quartz countertops and hardwood throughout. Steps to Parliament Hill, the Byward Market, Rideau Centre, Canal, shops and restaurants, this location cannot be beat! This unit comes complete with 1 heated underground parking spot, 2 storage lockers and in-unit laundry. The building amenities include a concierge, an indoor pool, gym, outdoor BBQ area, community room and there is a Farm Boy grocery store in the building. Rent Includes: Heat Air Conditioning Water 1 Parking Spot 2 Storage Lockers

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