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    Highlights

    Property Type:
    Condo
    Number of Storeys:
    27
    Number of Units:
    179
    Condo Completion:
    2015
    Condo Demand:
    Low
    Unit Size Range:
    400 - 955 SQFT
    Unit Availability:
    Medium
    Property Management:

    Amenities

    Sauna
    Community BBQ
    Indoor Parking
    Party Room
    Indoor Pool
    Gym
    Concierge
    Amenity details for reference only. Independently verify accuracy.

    About 40 Nepean StTribeca East

    Located at 40 Nepean St, Tribeca East is a 27-storey condo containing 179 units. These Ottawa condos for sale were completed in 2015 with units starting at 400 square feet, ranging up to 955 square feet. What makes a Centretown - Ottawa condo for sale most appealing is all that the neighbourhood has to offer.

    Maintenance fees are $0.84 per-square-foot, which is higher than the neighbourhood average of $0.78 per-square-foot.

    The Suites

    On average, units at 40 Nepean St sell -2.07% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $615 (based on past 12 months of sales). Units typically sell with 74 days on market on average. Over the past 12 months, 8 have sold and 21 have been rented here.

    Transportation

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 300 Lisgar St, 108 Lisgar St and 375 Lisgar St.

    Heat
    Included
    Water
    Included
    Hydro
    Not Included
    Air Conditioning
    Not Included

    Listing History for Tribeca East

    Nov, 2025
    40 NEPEAN St, unit 2003 for rent
    Unit 2003
    Nov 13, 202523 days on strata
    Leased for $2,450Listed for $2,4502 bd | 2 ba | 802 sqft | 0 pkg
    40 Nepean St, unit 2003 for sale
    Unit 2003
    Nov 13, 202523 days on strata
    TerminatedListed for $609,9002 bd | 2 ba | 802 sqft | 0 pkg
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    8

    Listings For Sale

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    1

    Listings For Rent

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    Similar Condos

    Explore Centretown - Ottawa

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    Days on Strata

    Units at Tribeca East spend an average of
    74
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Centretown - Ottawa

    Turnover of Units

    On average, each unit is owned for
    8.8
    YEARS before being sold again

    Property Value

    -16%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 41 condos in the Centretown - Ottawa area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    21
    Units were Rented over the past twelve months

    Best Value Rank

    Tribeca East offers the
    ?
    N/A
    best value out of 41 condos in the Centretown - Ottawa neighbourhood

    Appreciation Rank

    Tribeca East has the
    ?
    N/A
    highest ROI out of 41 condos in the Centretown - Ottawa neighbourhood

    Rental Yield

    Tribeca East yields the
    ?
    N/A
    highest rent prices out of 41 condos in the Centretown - Ottawa neighbourhood

    High Demand

    Tribeca East is the
    ?
    N/A
    most popular building out of 41 condos in the Centretown - Ottawa neighbourhood

    Market Insights

    Transaction Insights at Tribeca East

    Studio1 Bed2 Bed
    Price Range$331,000$375,000 - $459,000$490,000 - $614,500
    Avg. Cost Per Sqft$674$556$653
    Avg. Wait for Unit Availability820 Days50 Days189 Days
    Ratio of Units in Building9%62%30%

    Market Inventory

    Total number of units listed and sold in Centretown - Ottawa