Monthly rent

$3,050

Beds

Baths

Sqft

999

Monthly rent	$3,050
Beds	2
Baths	2
Sqft	999

4 Days Ago

Location

40 Nepean Street ##1607, Ottawa, ON K2P 0X5, CA|Centretown

Tour 40 Nepean Street

Contact

Ottawa Property Management Real Estate Ltd.

(844) 328-9161 ext. 5753

About 40 Nepean Street

Stunning 2-bedroom, 2-bathroom corner condo on the 16th floor offering breathtaking city views in the heart of downtown Ottawa! Ideally located just steps to Parliament Hill, Elgin Street, Bank Street, the ByWard Market, Rideau Centre, the Ottawa River, and Rideau Canal. Enjoy unmatched convenience with Farm Boy and The Wine Shop located right in the building. This bright and spacious open-concept unit features approximately 955 sq. ft. of elegant living space, complete with hardwood floors, granite countertops, and a private balcony showcasing spectacular skyline views. The thoughtfully designed layout offers both comfort and functionality in a prime urban setting. Residents enjoy exceptional amenities including a saltwater indoor pool, fitness centre, party room, rooftop terrace with panoramic views, guest suites, concierge service, and more. Includes 1 underground parking space and 1 storage locker. Experience downtown living at its finest - don't miss this incredible opportunity!

Lease Terms

1 year

Neighborhood

Centretown

Post code

K2P 0X5

Type

Condo for rent

Rent trends in Centretown

2-bedroom apartments at 40 Nepean Street cost about 15% more than the average rent price for 2-bedroom apartments in Centretown.

Median rents as of Jun 20 2026.

Centretown

Ottawa

A table of 2-bedroom apartment rental data trends in Ottawa
Month	Median Rent
July 2024	$2,491
August 2024	$2,499
September 2024	$2,462
October 2024	$2,432
November 2024	$2,406
December 2024	$2,398
January 2025	$2,406
February 2025	$2,423
March 2025	$2,470
April 2025	$2,499
May 2025	$2,498
June 2025	$2,500
July 2025	$2,499
August 2025	$2,491
September 2025	$2,458
October 2025	$2,440
November 2025	$2,397
December 2025	$2,400
January 2026	$2,399
February 2026	$2,439
March 2026	$2,441
April 2026	$2,422
May 2026	$2,412
June 2026	$2,400

A table of 2-bedroom apartment rental data trends in Centretown
Month	Median Rent
July 2024	$2,507
August 2024	$2,537
September 2024	$2,510
October 2024	$2,465
November 2024	$2,409
December 2024	$2,500
January 2025	$2,525
February 2025	$2,497
March 2025	$2,502
April 2025	$2,462
May 2025	$2,500
June 2025	$2,485
July 2025	$2,453
August 2025	$2,512
September 2025	$2,479
October 2025	$2,408
November 2025	$2,383
December 2025	$2,336
January 2026	$2,349
February 2026	$2,649
March 2026	$2,683
April 2026	$2,727
May 2026	$2,692
June 2026	$2,650

Affordability calculator

Can I afford to live at 40 Nepean Street ##1607?

Bedrooms

2 bedrooms

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

$122,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $122,000 annually to afford this 2-bedrooms monthly rent price of $3,050.

For more information on rent affordability, visit our rent calculator.

Getting around Ottawa near 40 Nepean Street ##1607

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 ##1607, 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 ##1607

Farm Boy

193 Metcalfe St

Massine's Your Independent Grocer

296 Bank St

JJS Market

380 Laurier Ave W

Thana Market

386 Bank St

Farm Boy

50 Rideau St

40 Nepean Street40 Nepean Street ##1607, Ottawa, ON K2P 0X5, CA

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Getting around Ottawa near 40 Nepean Street ##1607

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Transit

Points of interest for 40 Nepean Street ##1607, Ottawa

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Cafes

Restaurants

Primary schools

High schools

Parks

Nightlife

Explore the area around 40 Nepean Street ##1607

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Homes in Centretown

40 Nepean Street
40 Nepean Street ##1607, Ottawa, ON K2P 0X5, CA