$ 399,900

603 - 550 Cambridge Street S, Ottawa

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. (id:1945)
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Property details for 603 - 550 Cambridge Street S, Ottawa

Type
Apartment
Bedrooms
2
Bathrooms
2
Basement
None
Parking
Garage, Underground
Heating
Baseboard heaters, Electric
Cooling
Central air conditioning
Exterior
Brick
Ownership
Condo/Strata
Annual Taxes
$3,488
Condo Fee
$414 / Monthly

Nearby Listings Stat

Estimated price and comparable properties near 603 - 550 Cambridge Street S

Active Listings
72
Min Price
$319,900
Max Price
$1,599,000
Avg Price
$628,822
Days on Market
53
days
Sold Listings
25
Min Sold Price
$334,900
Max Sold Price
$939,000
Avg Sold Price
$548,664
Days until Sold
65
days

Neighbourhood Census Data

Ottawa, Ontario

Population
478
Median Age
44.9
Median Income
$48,128
Dwelling Value
$380,288

Housing Tenure

Owners 60%
Renters 38%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.6
Pop. Density: 8,802.9/km²
Avg Shelter Cost: $1,600/mo
Owners with Mortgage: 60.5%
Owners Spending 30%+: 21.1%
Tenants Spending 30%+: 50%
English only: 56.3%
English and French: 41.7%
Neither: 1%
Median Household Income: $75,008
Median Employment Income: $44,160

Price History

Listed
October 14, 2026
by RE/MAX ABSOLUTE REALTY INC.
Current Price
$399,900
Type
Apartment
For Sale
603 - 550 Cambridge Street S

Contact Agent Get in touch about 603 - 550 Cambridge Street S, Ottawa

Joanne Goneau
Joanne Goneau
RE/MAX ABSOLUTE REALTY INC.