Salehian.com 647-325-5000

550 Cambridge Street S 603

4502 - West Centre Town, Dows Lake - Civic Hospital and Area, K1S 5N3

$399,900

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  • 2 bedrooms
  • 2 bathrooms
  • 1 parking
  • 700-799 sq ft

Listed 5 days ago · MLS® X14033402

About this home

Beautifully renovated and exceptionally spacious 2-bedroom, 2-bathroom condo ideally located in the heart of West Centre Town. Situated in The Lakelander, this well-maintained building offers bright, open-concept living just steps to The Glebe, Little Italy, Centretown and Dow's Lake. Enjoy easy access to restaurants, cafes, shopping, transit, parks and the Rideau Canal. This thoughtfully updated unit features abundant natural light through large windows, fresh neutral paint throughout and brand-new vinyl flooring for a modern, cohesive feel. The kitchen offers refreshed cabinetry, ample counter space and a functional layout that seamlessly connects to the generous living and dining areas-perfect for both everyday living and entertaining. The spacious primary bedroom includes excellent closet space and a private ensuite bathroom. The second bedroom is well-sized with ample storage and access to the full main bathroom. Additional highlights include convenient in-unit laundry, one underground parking space and a dedicated storage locker. A fantastic opportunity to live in one of Ottawa's most vibrant and walkable neighbourhoods. Current tenant pays $2300 + Hydro and has lease til April 30th, 2027. Perfect for investors. Parking space #P1-A46 (Owned). Storage Locker P2 - Locker #2 (exclusive use). 24 hours notice for all showings and 24 hours irrevocable on all offers.

Details

Type
Condo Apartment
Style
Apartment
Size
700-799 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$3,488 (2026)
Maintenance fee
$414/month
Neighbourhood
4502 - West Centre Town
Municipality
Dows Lake - Civic Hospital and Area
Price per sq ft
$534 (7% below condo apartments in 4502 - West Centre Town, $571)
Fee per sq ft
$0.55/month

Interior

Bedrooms
2 above ground
Bathrooms
1 × 4-piece (main), 1 × 3-piece (main)
Rooms
7 above ground
Family room or den
No
Fireplace
No
Laundry
Ensuite, In-Suite Laundry

Heating, cooling and services

Heating
Baseboard, Electric
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Brick

Parking

Garage spaces
1
Total parking
1

Condo

Monthly fee
$414
Fee includes
Common Elements Included, Building Insurance Included, Water Included
Amenities
Elevator, Visitor Parking
Locker
Exclusive (level P2)
Exposure
South East
Pets
Yes-with Restrictions
Security
Concierge/Security
Property manager
Condominium Management Group

More

Possession
TBD
Cross street
Carling

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Dow's Lake / Lac Dow LRT11 min walk
  • 🚇 Corso Italia LRT17 min walk

Within a 10-minute walk: 1 grocery store, 54 cafés and restaurants, 13 parks, 4 pharmacies. Nearest grocery: Margo Fresh (950 m). Nearest park: Dalhousie South Park (200 m).

Schools nearby

Elementary

  • Glebe Montessori School Private12 min walk
  • St. Anthony School Catholic
    EQAO: Gr 6 reading 70%    13 min walk
  • Corpus Christi School Catholic
    EQAO: Gr 6 reading 88%, math 46%    13 min walk
  • Mutchmor Public School
    EQAO: Gr 6 reading 100%, math 77%    13 min walk

Secondary

  • Glebe Collegiate Institute
    EQAO: Gr 9 math 74%, literacy test 93%    5 min walk
  • Adult High School
    EQAO: Gr 9 math 21%    12 min walk
  • Family Reception Centre12 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1S

Owners / renters
51% / 49%
Median household income
$106,000
Average age
41
Children under 15
12%
Homes
30% detached, 28% high-rise
Commute by transit
13%
Population
31,257

Languages spoken most at home besides English: Mandarin 1.6%, Arabic 0.6%, Spanish 0.6%, Iranian Persian 0.4%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 3 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Highway 417450 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX ABSOLUTE REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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