Maintenance Fees
Tribeca East vs The Centretown - Ottawa Area
for sale
55 Days on Strata
- Est Sell Timeframe:
- 14 Days
501 - 40 Nepean St
$469,000
1 Bed
1 Bath
1 Parking
800 - 899 SQFT
Price History
- Maintenance Fees:
- $678/mth
- Taxes:
- $5,222 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $522 - $586/sqft
- Outdoor Space:
- Terrace
- Locker:
- Owned
- Possession Date:
- TBD
- Exposure:
- North
Amenities
Sauna
Community BBQ
Indoor Parking
Party Room
Indoor Pool
Gym
Concierge
Amenity details for reference only. Independently verify accuracy.
About this Listing
This bright and stylish 1-bedroom + den condo offers the ultimate urban lifestylejust steps from Parliament Hill, the ByWard Market, Rideau Canal, National Gallery, top-rated restaurants, clubs, and shopping.Featuring gleaming hardwood floors, ceramic tile in wet areas, granite countertops, and six included appliances, this unit offers both comfort and convenience. The spacious den is perfect for a home office or guest space.Enjoy premium amenities at The Tribeca Club, including a 4,500 sq. ft. private recreation centre and a beautifully landscaped 7,000 sq. ft. terrace. Need groceries? Walk to Sobeys in your slippers it's located right in the building! Perfectly suited for young professionals, this well-managed building has a dynamic, social vibe. Includes underground parking and a storage locker. Don't miss this opportunity to live where the city comes alive! Some photos from when previously tenanted.
ExtrasStove, Microwave/Hood Fan, Dryer, Washer, Refrigerator, Dishwasher
engel & volkers ottawaMLS® #X12430511
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Not Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Kitchen
- 8.73 x 10.3ft
- Dining
- 11.48 x 10.14ft
- Living
- 13.65 x 9.97ft
- Den
- 8.4 x 11.32ft
- Primary
- 13.39 x 9.97ft
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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Building Trends At Tribeca East
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
LOWchance 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 againProperty 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 best value out of 41 condos in the Centretown - Ottawa neighbourhood
?
N/A
Appreciation Rank
Tribeca East has the highest ROI out of 41 condos in the Centretown - Ottawa neighbourhood
?
N/A
Rental Yield
Tribeca East yields the highest rent prices out of 41 condos in the Centretown - Ottawa neighbourhood
?
N/A
High Demand
Tribeca East is the most popular building out of 41 condos in the Centretown - Ottawa neighbourhood
?
N/A
Market Insights
Transaction Insights at Tribeca East
| Studio | 1 Bed | 2 Bed | |
|---|---|---|---|
| Price Range | $331,000 | $375,000 - $459,000 | $490,000 - $614,500 |
| Avg. Cost Per Sqft | $674 | $556 | $653 |
| Price Range | $1,875 | $1,750 - $2,500 | $2,450 - $3,100 |
| Avg. Wait for Unit Availability | 820 Days | 50 Days | 189 Days |
| Avg. Wait for Unit Availability | No Data | 23 Days | 208 Days |
| Ratio of Units in Building | 9% | 62% | 30% |
Market Inventory
Total number of units listed and sold in Centretown - Ottawa
