507 - 550 CAMBRIDGE STREET S, Ottawa

$419,900

For sale: Apartment

Apartment at 507 - 550 CAMBRIDGE STREET S, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
799 sqft
MLS®
MLS® X13769916
Neighbourhood
4502 - West Centre Town

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.

Sold data

Apartment homes in Ottawa — recent sold market

Apartment homes in Ottawa took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 62, across 369 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.

The median sale price was $398,000.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$398,000
Sale-to-list ratio
97.3%
Sold above asking
7%

Based on 369 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 507 - 550 CAMBRIDGE STREET S