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$399,900
Ottawa
#603 550 Cambridge Street South, Ottawa, Ontario, K1S5N3
This 2-bedroom, 2-bathroom condo in Ottawa is for sale offering roughly 750 sq ft of space. Its $399,900 asking price sits right in line with the $384,900 median in Ottawa. It has been on the market 21 days, fresher than the Ottawa average of 63 days.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 63 days across the listings currently for sale in this city
This 2-bed single family in Ottawa has been listed for 21 days, which is 42 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,900, about 3.8× the local median household income of $106,000.
Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K1S)
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Loading rates, 30-yr amortization
Cash Needed to Close
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