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40 Nepean Street 2703, Ottawa Centre, ON K2P 0X5

2 beds · 2 baths · 1 kitchen · 2 rooms · 1 parking space · 900-999 sq ft · Locker · Laundry in unit · Condo Apartment
$3,100

Utilities includedHeat · Central Air Conditioning · Water

Also includedCommon Elements · Parking · Grounds Maintenance · Exterior Maintenance

Available Now!! UPGRADE YOUR LIFESTYLE with World-Class Living in the Heart of Ottawa!Welcome to THE PENTHOUSE at Tribeca East - one of the largest and most sought-after floor plans in the building. This exceptional suite offers 2 bedrooms, 2 bathrooms, 1 locker, and 1 underground parking space, all within an open-concept layout featuring luxurious 10-ft ceilings. Recently refreshed with brand-new hardwood flooring and a full professional paint job, this home is ready to impress. The bright and airy Great Room showcases an expansive wall of oversized windows, flooding the space with natural light. Sliding glass doors open to your private balcony, where you can unwind and enjoy breathtaking panoramic views of downtown Ottawa and Parliament Hill sunsets - a truly stunning sight from the 27th-floor penthouse vantage point. The custom kitchen is a chef's delight, featuring quartz countertops, stainless steel appliances, elegant backsplash, and sleek white cabinetry with ample storage. The open layout seamlessly connects the kitchen, dining, and living areas, creating the perfect setting for entertaining or relaxing. Additional conveniences include in-unit laundry, a private storage locker, and an underground parking space. Enjoy resort-style amenities, including 24-hour concierge/security, indoor pool, fitness centre, guest suite, outdoor terrace with BBQs, and party/conference rooms. Located steps from Farm Boy (in the building), plus restaurants, pharmacy, LCBO, and a short walk to the LRT station, Parliament Hill, the National Arts Centre, and the Financial District. Please include proof of income, credit report & photo ID with rental application. No Pets, No Smokers, No roommates.

MLS number
X13547020
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
K2P 0X5
Photos
46
Locker
Yes — Exclusive
Laundry
In the unit — In-Suite Laundry
65days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Elgin Street Public School
Ottawa-Carleton DSB
Elementary414 m8.7 / 10
87% met the standard
Lisgar Collegiate Institute
Ottawa-Carleton DSB
Secondary446 m8.2 / 10
82% met the standard · 2 of 6 measures
Glashan Public School
Ottawa-Carleton DSB
Elementary1.0 kmNot reported
Sauder AcademySecondary783 mNot reported
Faculty of Engineering Secondary SchoolSecondary882 mNot reported
Centennial Public School
Ottawa-Carleton DSB
Elementary980 m4.6 / 10
46% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Condo Apartments in 4102 - Ottawa Centre299 leases over the last five years.

Median rentWhat comparable units actually leased for
$2k/mo$3k/mo$3k/mo20252026this home’s asking price
$2k/molatest quarter · hover to read any
Leased vs askingAbove 100% means bidding wars were normal
96%100%104%20252026the asking price
100%latest quarter · hover to read any
Days to leaseMedian days on market before the deal closed
-1d16d32d20252026
13dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the leases that closed in that quarter among condo apartments in 4102 - ottawa centre. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,026 people.

$83,000Median household income
26.1%Own their home
0%Detached houses
33.6Median age
26.9%Born outside Canada
73.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35061711 — the few blocks around this address, home to 1,026 people. It describes the area, not this property.

1,026Population
37.2Average age
1.5Household size
$105,800Average household income
$83,000Median household income
26%Own their home
74%Rent
56%Condominiums
27%Born outside Canada
73%University degree
$528,000Average home value
11%Low income
18%Not in the labour force
49%Never married
Under $5,0002%
$5,000 to $9,9991%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9993%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9993%
$40,000 to $44,9991%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9994%
$100,000 and over28%
$100,000 to $124,99910%
$125,000 to $149,9995%
$150,000 to $199,9998%
$200,000 and over6%

Percentages are of the 980 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Listed by HOME RUN REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.