Gurvinder Nokwal REALTOR®
For Sale Condo Apartment 5 days on market

$399,900

Est. payment $1,771/moCalculate yours

550 Cambridge Street S 603, Dows Lake - Civic Hospital and Area, ON K1S 5N3

4502 - West Centre Town, Dows Lake - Civic Hospital and Area, ON K1S 5N3

  • 2 Beds
  • 2 Baths
  • 1 Garage
  • 700 Sq Ft
Map

Listing courtesy of RE/MAX ABSOLUTE REALTY INC. MLS® X14033402

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.

Property details

Overview

Property Type
Condo Apartment
Style
Apartment
For
For Sale
Status
New
Size
700 sqft

Interior

Bedrooms
2
Bathrooms
2
Kitchens
1
Basement
None

Building & Systems

Heating
Baseboard (Electric)
Cooling
Central Air
Exterior
Brick

Lot & Parking

Parking
Underground garage · 1 total

Financial

Property Taxes
$3,488 (2026)
Condo Fee
$414/mo
Fee Includes
Common Elements Included, Building Insurance Included, Water Included
Pets
Yes-with Restrictions

Location

Neighbourhood
4502 - West Centre Town
Cross Street
Carling

Listing

MLS® Number
X14033402
Days on Market
5
Listed On
2026-10-13
Possession
TBD
Listed By
RE/MAX ABSOLUTE REALTY INC.

Features

Interior

  • Other

Amenities

  • Elevator
  • Visitor Parking
Included
Stove, Microwave/Hood Fan, Dryer, Washer, Refrigerator, Dishwasher, all window coverings, all light fixtures, all bathroom mirrors
Excluded
none.
Rental items
hot water tank

Mortgage calculator

Minimum for this price: $19,995 (5%)

Amortization, years

Estimated mortgage payment

$1,771 per month

Principal and interest
$1,771
Property tax
$291
Condo fees
$414
Estimated monthly cost
$2,476

Your mortgage

Mortgage amount
$319,920
Mortgage insurance
Not needed
Interest over 25 years
$211,281

Cash to close

Down payment
$79,980
Land transfer tax
$4,474
Total, before legal fees
$84,454
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

550 Cambridge Street S 603, Dows Lake - Civic Hospital and Area, ON K1S 5N3 4502 - West Centre Town, Dows Lake - Civic Hospital and Area, ON K1S 5N3
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$399,900 550 Cambridge Street S 603, Dows Lake - Civic Hospital and Area, ON K1S 5N3
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