Unit 507, 550 Cambridge Street S
Ottawa (West Centre Town), ON K1S 5N3
The LakelanderSee every listing here- 2Bedrooms
- 2Bathrooms
- 1Parking
- 700–799Sq Ft
- $3,924Tax
- $689/moCondo Fee
Estimated Value:$413,500See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 507, 550 Cambridge Street S, Ottawa, West Centre Town
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About Unit 507, 550 Cambridge Street S, Ottawa, West Centre Town
Summarized Description
- Two private balconies with sunrise and sunset views.
- Wood-burning fireplace adds warmth and charm.
- Two full bathrooms for added convenience.
- Located in the desirable Glebe Annex neighborhood.
- Walking distance to restaurants and shops.
- In-suite laundry for modern living.
- Higher floor unit offers better views.
- Includes underground parking for easy access.
Awesome unit on a higher floor! Check out this fantastic two-bedroom condominium at The Lakelander, a highly-regarded building in the sought-after Glebe Annex neighborhood. Its incredible location means you'll be within easy walking distance of great restaurants and shops in the Glebe and Little Italy, as well as Dow's Lake, Lansdowne Park, and the Rideau Canal. This 2 bedroom, 2 bathroom suite is truly special, featuring the unique benefit of two private balconies. You can enjoy the morning sun on the east-facing balcony and relax with beautiful sunset views from the west-facing one. The condominium also offers the convenience of two full bathrooms, new in-suite laundry, and a wood-burning fireplace as a focal point, creating a comfortable and sophisticated living space. Locker and underground parking round out this attractive lifestyle option. Make it yours and enjoy a central location with everything within walking distance. Some photos are virtually staged.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,924
- Land Transfer Tax Fee
- $4,873
Condo/Maintenance Fee
- Maintenance Fee
- $689 /month
Included In Maintenance Fee
- Heat Included
- CAC Included
- Water Included
- Building Insurance Included
- Common Elements Included
- Parking Included
Rental Items
- Rental Equipment
- Hot water tank
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Interior Extras
- Storage
- Fireplace/Stove
- Yes
- Fireplace Features
- Wood
- Elevator
- No
Exterior Features
- Balcony
- Open
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Condo Corp Number
- 472
Construction
- Exposure
- East West
- Exterior Finish
- Brick
- Special Designation
- Unknown
Inclusions
- Inclusions
- Stove, Dryer, Washer, Refrigerator, Dishwasher, Hood Fan
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Exclusive
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Exclusive
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Baseboard
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Bathroom—Main level, 4 Pc Ensuite
- Kitchen—Main level
- Bedroom 2—Main level
- Primary Bedroom—Main level, Walk-In Closet(s), 4 Pc Ensuite
- Dining Room—Main level
- Laundry—Main level
- Living Room—Main level
- Foyer—Main level
- Bathroom—Main level, 4 Pc Bath
Washrooms
- 4-piece, Main
- Municipality
- Ottawa
- Neighbourhood
- West Centre Town
- Main cross streets
- Carling and Cambridge
- Directions
- Follow Trans-Canada Hwy/ON-417 E to Bronson Ave/Route 79 S.Turn right on Carling ave.Drive to Cambridge St S
- MLS® number
- X13769916
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-25
- Listed on
- 2026-09-09
- Days on market
- 16 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- ENGEL & VOLKERS OTTAWA
Home Market Value
Current home valuation for Unit 507, 550 Cambridge Street S, Ottawa, West Centre Town, Ottawa, ON. Listed for $419,900
HOMEH Estimate
$413,500
Estimated Sales Range
$340,276 - $486,724
HOMEH Estimate for Unit 507, 550 Cambridge Street S, Ottawa, West Centre Town
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$20,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,956 | $11,715 | $9,994 | $0 |
=Total mortgage | $414,861 | $389,625 | $366,909 | $335,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,026monthly | $1,902monthly | $1,791monthly | $1,640monthly |
Land Transfer Tax
$4,873
$4,873
Around this home
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