trreb/IMG-X14033402_0ca62d2e-0283-431a-84a6-453dac1b35a4-l.jpg
17 hours on Market

550 Cambridge St #603, Ottawa, Ontario K1S 5N3

In the same building:
-
Condo
2
2
~700-799 sqft
$399,900
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Condo
2
2
~700-799 sqft

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Highlights

Property Estimate

Days on market17 hours

Estimated valueNot available

Price/Sqft$536/sqft

Monthly cost

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Description

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.


Property Details

StyleApartment
View-
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX14033402
Community NameWest Centertown
Data SourceTRREB
Listing byRE/MAX ABSOLUTE REALTY INC.

Features

Heating: Baseboard
Cooling: Central Air

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


6Story
Elevator
Amenities

Elevator, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Oct 14, 2026
ListedActive
$399,900
17 hours on market
history photo preview27
Listing by trreb®
Property listed by RE/MAX ABSOLUTE REALTY INC., Brokerage
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Market Data - West Centertown

Geo Zone Map ThumbnailWest Centertown

Strong Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

20 days

2024

74 days

2023

22 days

New Listings

Past 30 days

18 listings

Compared to

2025

13 listings

2024

15 listings

2023

9 listings

Units sold

Past 30 days

0 unit

Compared to

2025

2 units

2024

7 units

2023

6 units

Median Sold Price

Past 30 days

$0

Compared to

2025

$493,350

2024

$360,000

2023

$566,500


Population and Demographics

Overview

Total population 11252
Average household income $134,175

Age (%)

0 to 19
14%
20 to 34
33%
35 to 49
21%
50 to 64
17%
65 and plus
15%

Household composition (%)

Single person
50%
Single family
41%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
72%
French
10%
English and French
3%
Yue (Cantonese)
3%
Mandarin
2%
Vietnamese
2%
Spanish
2%
Arabic
2%
Italian
2%
Others
0%

House tenancy (%)

Renters
67%
Owners
33%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget