603 - 550 Cambridge Street S, Dows Lake - Civic Hospital and Area, ON K1S 5N3
4502 - West Centre Town, Dows Lake - Civic Hospital and Area · Near Carling · View map
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.
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 700-799 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 7
- Basement
- None
- Faces
- South East
- Level
- 6
- Laundry
- Ensuite, In-Suite Laundry
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $414.49/mo
- Fee includes
- Common Elements, Building Insurance, Water
- Complex
- Carleton 427
- Property management
- Condominium Management Group
- Pets
- Allowed, with restrictions
- Locker
- Exclusive
- Security
- Concierge/Security
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $3,488/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Carling
- Neighbourhood
- 4502 - West Centre Town
More
- Price per sq ft
- ~$533 (at 750 sq ft)
- MLS® number
- X14033402
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Included in the maintenance fee
- Common Elements
- Building Insurance
- Water
Shared in the complex
- Elevator
- Visitor Parking
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
550 Cambridge Street, Dows Lake - Civic Hospital and Area, ON K1S 5N3
4502 - West Centre Town, Dows Lake - Civic Hospital and Area · Near Carling
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Listing history for 550 Cambridge Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 603 - 550 Cambridge Street S
Answers come straight from this home’s MLS® listing.
How much is 603 - 550 Cambridge Street S listed for, and what would it cost each month?
603 - 550 Cambridge Street S is listed for $399,900. With 20% down ($79,980), the mortgage payment would be roughly $1,613 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $2,318 a month, all in. That figure is an illustration, not a quote.
Is 603 - 550 Cambridge Street S freehold or a condo, and is there a monthly fee?
603 - 550 Cambridge Street S is a condo apartment in 4502 - West Centre Town, Dows Lake - Civic Hospital and Area. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $414.49 a month. The listing says it covers common elements, building insurance, water. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 603 - 550 Cambridge Street S have?
603 - 550 Cambridge Street S has 2 bedrooms and 2 bathrooms.
Does 603 - 550 Cambridge Street S have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 603 - 550 Cambridge Street S have a finished basement?
No. The listing shows no basement for this home.
What style of home is 603 - 550 Cambridge Street S?
603 - 550 Cambridge Street S is a condo apartment. A condo is a unit you own in a building or complex, with the common areas shared and paid for through a monthly fee.
How big is 603 - 550 Cambridge Street S?
The listing puts the home between 700 and 799 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 603 - 550 Cambridge Street S heated and cooled?
Heating is baseboard (electric). Cooling is central air.
What are the property taxes for 603 - 550 Cambridge Street S?
Property taxes are $3,488 a year (2026), or about $291 a month.
Are pets allowed at 603 - 550 Cambridge Street S?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 603 - 550 Cambridge Street S?
603 - 550 Cambridge Street S is in the 4502 - West Centre Town community of Dows Lake - Civic Hospital and Area. The nearest main intersection is Carling. The postal code is K1S 5N3.
Is 603 - 550 Cambridge Street S still for sale?
Yes. It is an active listing (MLS® X14033402). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 603 - 550 Cambridge Street S asking?
Similar properties for sale nearby right now include 408 - 540 Cambridge Street South Street S at $439,900 (1 bed), 909 - 111 CHAMPAGNE Avenue at $450,000 (2 bed) and 1805 - 111 Champagne Avenue at $459,900 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 550 Cambridge Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 603 - 550 Cambridge Street S?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 4502 - West Centre Town, picked by style, size and price.
Condo apartment$439,900408 - 540 Cambridge Street South Street S, Dows Lake - Civic Hospital and Area1 bed · 2 bath · 4502 - West Centre TownCourtesy of: ROYAL LEPAGE PERFORMANCE REALTYView home →
Condo apartment$450,000909 - 111 CHAMPAGNE Avenue, Dows Lake - Civic Hospital and Area2 bed · 2 bath · 4502 - West Centre TownCourtesy of: COLDWELL BANKER FIRST OTTAWA REALTYView home →
Condo apartment$459,9001805 - 111 Champagne Avenue, Dows Lake - Civic Hospital and Area2 bed · 2 bath · 4502 - West Centre TownCourtesy of: RE/MAX HALLMARK REALTY GROUPView home →Courtesy of: RE/MAX ABSOLUTE REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.