The Lakelander
550 Cambridge Street, Ottawa, ON
Available Units in The Lakelander
2
Units for sale
From $399,000
0
Units for rent
Live MLS · Updated daily
Overview
Property Type
Condo
Price History
16 recordsMarket Stats
—
Avg $/sqft
Steady
YoY change
—
Avg days on market
Location & Walkability
Walk Score
—/100
Daily errands on foot
Transit Score
—/100
TTC, GO, subway access
Bike Score
—/100
Bike lanes & infrastructure
Neighbourhood in Ottawa
West Centre Town
West Centre Town is a small, vibrant neighbourhood in Ottawa. It offers a mix of residential and condo living, attracting a diverse community.
Ottawa, Ontario
© Mapbox © OpenStreetMap
At a glance
Day to dayLivability
7.3
Schools near listings
out of 10 · averaged over 615 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$419,450
In West Centre Town
$419,450
In Ottawa
$649,900
In Ontario
$714,900
Median monthly rent
$2,350/mo
In West Centre Town
$2,350
In Ottawa
$2,500
In Ontario
$2,500
$434
Per square foot
≈ 14.9 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
40
Median $419,450
Condos 37 · Houses 3
For rent
27
Median $2,350
Recently sold
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Recently leased
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Market data as of 2026-10-19. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Affordable compared to city median prices
- Strong community with diverse population
- Good school ratings for elementary education
- Proximity to amenities and services
Keep in mind
- Limited parks and recreational spaces
- Few grocery stores and restaurants nearby
The feel of the placeLifestyle
Daily life here is urban and community-focused, with easy access to local amenities. Residents enjoy a blend of city living and neighborhood charm.
Within the boundaryWhat's nearby
The boundary
0.2 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
2
Gyms
Counted across all 0.2 km² of West Centre Town. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
7.5/10
Average rating of the 1 rated school in this area
2
Elementary
École élémentaire publique Louise-Arbour
Public · French · Grades JK–8 · CÉP de l'Est de l'Ontario
7.5/10571st of 3,045 Ontario elementary schools
350 students · EQAO 2024-2025
Heritage Academy
Independent
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside West Centre Town, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
881
Population (2021)
0.2 km²
Area
5,499
People per km²
40.8
Median age
$103,000
Median income
62%
Own their home
2
People per household
430
Households
Every age
- Children (under 15)11.9%
- Working age (15–64)69.9%
- Seniors (65+)18.2%
What is built here
- Detached houses23%
- Semi-detached9.2%
- Townhouses14.9%
- Duplexes8%
- Low-rise apartments12.6%
- High-rise apartments33.3%
Own or rent
62%Owners
40%Renters
Across 430 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier34%
- 1961–198013%
- 1981–19906%
- 1991–20004%
- 2001–20055%
- 2006–201023%
- 2011–201516%
- 2016–20212%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 20.5%
- Born outside Canada
- 59.9%
- Hold a degree or higher
- 63.2%
- Employment rate
- 12.9%
- Commute by transit
- 58.1%
- Commute by car
- 1.7
- Children per family
- $88,000
- Median income after tax
- $172,000
- Average household income
- 9.6%
- Living on a low income
- $1,280/mo
- Renters pay, per month
- $2,020/mo
- Owners pay, per month
- $675,000
- Median home value at census
- 30.3%
- Renters spending 30%+ of income on housing
- 11.3%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 1 census area inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, Photo: © Mapbox © OpenStreetMap
