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507 - 550 Cambridge Street

507 - 550 Cambridge Street

Dows Lake - Civic Hospital and Area, ON

  • 2 bed
  • 2 bath
  • approx. 700-799 sqft
  • Condo Apartment
$419,900

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.

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Listing Details

Taxes (2026)
$3,924
Listed
September 9, 2026

Price History

Listing history

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Property

Style
1 Storey/Apt
Construction
Brick
Interior
Storage

Parking

Garage
Underground
Covered Spaces
1
Total Parking
1

Utilities

Heat Source
Electric

Location & Legal

Cross Street
Carling and Cambridge
Parcel Number
154720149
Possession
Flexible
Occupancy
Vacant

Condo

Maintenance Fee
$689/month
Fee Includes
Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets
Yes-with Restrictions
Locker
Exclusive
Balcony
Open

Included

Inclusions
Stove, Dryer, Washer, Refrigerator, Dishwasher, Hood Fan,
Rental Items
Hot water tank

Schools

Secondary

  • Glebe Collegiate Institute0.4 km

    Public · Ottawa-Carleton DSB · 1315 students

    Grade 10 literacy: 93% met the provincial standard

  • Adult High School0.8 km

    Public · Ottawa-Carleton DSB · 1010 students

  • Richard Pfaff Secondary Alternate Site1 km

    Public · Ottawa-Carleton DSB · 225 students

Elementary

  • Corpus Christi Catholic Elementary School0.8 km

    Catholic · Ottawa CSB · 225 students

    Grade 3 reading: 91% met the provincial standard · Grade 6 math: 46% met the provincial standard

  • St Anthony Elementary School0.8 km

    Catholic · Ottawa CSB · 105 students

    Grade 3 reading: 100% met the provincial standard

  • Mutchmor Public School0.9 km

    Public · Ottawa-Carleton DSB · 425 students

    Grade 3 reading: 89% met the provincial standard · Grade 6 math: 77% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K1S

Population
31,257
Private dwellings
15,662
Median age
39.2
Average household size
2.1
Median household income
$106,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Dows Lake - Civic Hospital and Area · last 12 months

Median sold price
$645,100
Homes sold
127
Median days on market
22
Sale-to-list price
97.9%

Based on 127 recorded sales of residential condo & other properties in Dows Lake - Civic Hospital and Area over the last 12 months.

Rooms

2 × 4-piece on Main

Main

  • Bathroom6'11" x 6'11"
  • Bathroom7'7" x 5'
  • Bedroom 28'7" x 7'11"
  • Dining Room10'8" x 9'6"
  • Foyer8'2" x 7'5"
  • Kitchen9'10" x 7'7"
  • Laundry6'4" x 4'5"
  • Living Room14'11" x 9'6"
  • Primary Bedroom14'6" x 9'4"

Listed by

ENGEL & VOLKERS OTTAWA

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$83,980

Estimated Monthly Payment

$2,063

Land transfer tax

Estimated land transfer tax$4,873

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,063/mo (20% down, 5.5%)

Taxes: $327/mo · Insurance: $105/mo

Maint: $689/mo

Estimates only. Consult a financial advisor.

R

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