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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13715448For SaleCondominium

408-540 Cambridge Street South St

West Centre Town, Ottawa, Ontario K1S 5N3

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408-540 Cambridge Street South St, Ottawa, photo 1
Asking$439,900
Bedrooms
1
Bathrooms
2
Size
800–899sq ft
Per sq ft
$518at the range’s middle
Tax a year
$3,6822026 tax year
Parking
11 underground
Days on market
Members

The brief

About 408-540 Cambridge Street South St

408-540 Cambridge Street South St is a 1-bedroom, 2-bathroom condo in West Centre Town, Ottawa, listed for sale at an asking price of $439,900 (MLS® X13715448).

This well located 1 bedroom condo with a large den and 1.5 bathrooms offers comfortable living in the heart of Ottawa. The den has a built in Murphy bed and can be used as a second bedroom. The spacious living area features a cozy fireplace, creating a warm and welcoming atmosphere. The kitchen is renovated, with a large sink, white subway tiles and newer appliances. The recently renovated bathroom adds a fresh, modern touch to the home. Ideally situated near Dow's Lake, Preston Street and the Glebe, you'll have easy access to parks, public transit/highways, the hospital, shopping, restaurants, cafés, and everyday amenities. Convenient transportation options make commuting and getting around the city a breeze. With a practical layout and a highly desirable central location, this home is an excellent opportunity for those looking to enjoy convenience, connectivity, and all that Ottawa has to offer. The building is pet friendly(small dogs under 25lbs) and wheel chair accessible.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$625/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 10 condos with 1 bedroom for lease in West Centre Town right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,682 / 2026
MLS® number
X13715448
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
800-899 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: ROYAL LEPAGE PERFORMANCE REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
West Centre Town
Municipality
Ottawa

Building

Size
800-899 sqft
Construction
Other

Inside

Bedrooms
1
Bathrooms
2
Bathroom Details
1 × 4pc, 1 × 2pc
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Baseboard

Additional

Fireplace
Yes
Den
No
Family room
No
Extras
Stove, Refrigerator, Dishwasher, Microwave, Dryer, Washer, Murphy Bed
Condo maint.
$586

Rooms

RoomSizeFeaturesLevel
Bathroom1.45 × 1.27 m—Main
Kitchen2.83 × 2.43 m—Main
Laundry2.32 × 1.32 m—Main
Den2.65 × 3.17 m—Main
Living2.92 × 6.31 m—Main
Br3.8 × 3.79 m—Main
Dining3.21 × 3.93 m—Main
Bathroom1.49 × 2.27 m—Main

Listing history

Buy/sell history for 408-540 Cambridge Street South St, Ottawa, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$439,900N/AFor SaleX13715448

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $87,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$87,980
Total mortgage amount
$351,920
Total interest payment
$250,180
Total purchase cost
$690,080
Mortgage payment
$2,007/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

45%

Monthly carrying cost

$2,900
−$625per month
  • Rent $2,275
  • Shortfall $625

Rental income opens at $2,275, the median asking rent of 10 comparable homes for lease in West Centre Town. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$5,273
Total land transfer tax
$5,273
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$1,273
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $439,900
$798
Ontario total
$5,273

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

16 records · 8 on fileRead 2026-11-03
250 m500 m1 km2 kmBeyond · area-wideNot in Rideau Valley Conservation Authority’s mapped regulated areaNot in the municipality’s mapped flood areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 6.9 kmNearest rail line: 730 mA trail on the Ontario trail network within 1 kmTransit stop within 400 mNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment Canada14 federal contaminated sites within 1 kmElectricity is distributed here by Hydro Ottawa LimitedWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Rideau Valley Conservation Authority’s mapped regulated areaAt the address
  • Not in the municipality’s mapped flood areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m25 test or monitoring holes also recorded.250 m

Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 6.9 km6.9 km

Province of Ontario open data

Around the home3

  • Nearest rail line: 730 m730 m
  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 50 m away. Routes and stops change; check the agency’s schedule.400 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data · Municipal transit open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Public Works and Government Services Canada — Cliff Central Heating and Cooling Plant, 2.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • 14 federal contaminated sites within 1 km1 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Hydro Ottawa LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, PioneerWireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Rideau Valley Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.

The market

Condos for sale in West Centre Town right now

For sale now
57
Median asking price
$440K

Middle half: $350K to $529K

New in 7 days
7

16 in 28 days

Price cuts
26%

15 listings

This home is asking at the median.

See all homes in West Centre Town

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Dow's LakeOC Transpo light rail: O-Train Line 2700 m
Corso ItaliaOC Transpo light rail: O-Train Line 21 km
PimisiOC Transpo light rail: O-Train Line 11.7 km
CarletonOC Transpo light rail: O-Train Line 21.8 km
RiversideOC Transpo bus rapid transit: Transitway2.5 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Anthony Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion800 m86%Grade 3 average
Corpus Christi Catholic Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion850 m74%Grade 6 average
Mutchmor Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion850 m92%Grade 6 average
École élémentaire publique Louise-ArbourConseil des écoles publiques de l'Est de l'OntarioFrench-language public · grades JK–81.1 km83%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Glebe Collegiate InstituteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion350 m74%Grade 9 math
Richard Pfaff Secondary Alternate SiteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion1 km—
École secondaire catholique Saint-Jean-BaptisteConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades 9–121.4 km—
Immaculata High SchoolOttawa Catholic School BoardCatholic · grades 9–12 · French Immersion2 km55%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in West Centre Town are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record