$374,900
For sale: Apartment

Welcome to 18 Nepean Street, PH1 - sophisticated penthouse living in the heart of Ottawa. Nestled within an exclusive, secure building, this beautifully updated 1-bedroom, 1-bathroom penthouse offers 942 sq. ft. of bright, thoughtfully designed living space, complete with two private balconies, underground parking, and a storage locker. Natural light pours through the spacious open-concept layout, highlighting the gleaming hardwood floors throughout. The inviting living room features ample storage and direct access to one of the balconies, while the dedicated dining area seamlessly connects to the second outdoor space and the renovated kitchen, showcasing white cabinetry, granite countertops, stainless steel appliances, and a breakfast bar perfect for casual dining. Convenient in-unit laundry leads to the generously sized bedroom with stylish closet doors and an updated bathroom featuring a glass-enclosed shower. With only three units per floor, residents enjoy an exceptional sense of privacy and tranquility rarely found in downtown condominium living. Just outside your door, experience the very best of the city - stroll to Elgin Street's vibrant restaurants and cafés, the Rideau Canal, Parliament Hill, the National Arts Centre, City Hall, Farm Boy, the LCBO, the ByWard Market, and LeBreton Flats. An exceptional opportunity to enjoy luxury, convenience, and urban living at its finest.
Sold data
Apartment homes in Ottawa took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 62, across 344 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.
The median sale price was $399,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 344 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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