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$425K · 1 bed Condo Apartment · 4102 - Ottawa Centre, Ottawa Centre | MyPropertyScout

$425,000

Unit 501

11Vacant

Map

$425,000

C●●●○○DOM82days

Unit 501

40 Nepean Street · Ottawa Centre · Ontario K2P 0X5

MLS® X12905418 · 4102 - Ottawa Centre · K2P 0X5

11Vacant800-899 ft²Condo Apartment1-car Underground82d$500/ft²$5,022 tax/yr

Sold 2026-08-13

3% above market · 82 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

This bright and stylish 1-bedroom + den condo offers the ultimate urban lifestyle just 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.…

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Property details

MLS#: X12905418
Status: Sold
Beds: 1
Baths: 1 full, 0 half
Size: 800-899
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —

View: Downtown

Condo corp #: 983
Balcony: Open
Locker: Owned
Association amenities: Exercise Room, Game Room, Media Room, Indoor Pool, Rooftop Deck/Garden
Fees include: Heat Included, Water Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete, Brick · Recreational Area
Fronting on: —
Cross street: Nepean St. between Metcalfe and Elgin
Basement: None
Stories: 5
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free, Storage Area Lockers
Parking features: Underground

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Level	Room	Dimensions
Main	Kitchen	2.66m × 3.14m
Main	Dining Room	3.09m × 3.5m
Main	Living Room	3.04m × 4.16m
Main	Primary Bedroom	3.04m × 4.08m
Main	Den	2.56m × 3.45m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ENGEL & VOLKERS OTTAWA

Source: TRREB/PROPTX · MLS® X12905418

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$425K

Unit 501 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $425,000✓ $5,022 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,439/mo

incl. closing costs (yr 1)

Annual total

$53,269

year 1

Mortgage only

$1,612/mo

principal + interest

Beyond mortgage

$1,954/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$85,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$419/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,250/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$63/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)36% $19,348/yr

Property taxes19% $9,997/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance8% $4,250/yr

Condo fees17% $9,015/yr

Closing costs10% $5,100/yr

Mortgage is 36% of your true cost of ownership. The other 64% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$19,348	$1,612/mo
Government & taxes
Property tax	$5,022	$419/mo
Land transfer tax(closing)	$4,975	$415/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,250	$354/mo
Condo fees
Condo / HOA fees	$9,015	$751/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$53,269	$4,439/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 501

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs