The Lakelander

The Lakelander is a six-storey apartment condominium completed in 1988, located at 550 Cambridge Street South in Ottawa's West Centre Town neighbourhood. The building comprises mid-rise residential units managed by Condominium Management Group. Current listings average around $399,900, with monthly condo fees roughly $414 (approximately $0.55 per square foot), which include water and building insurance. The property is well-positioned near Dow's Lake, The Glebe, Little Italy and Centretown, with easy access to numerous restaurants, cafés, parks and transit. Pets are permitted with restrictions. Before committing to a purchase, prospective buyers should obtain and review the status certificate, reserve fund study, financial statements, board minutes and by-laws to understand the building's financial health and governance.