
Unit 101, 525 New Dundee Road
Kitchener (Doon South), ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 1Bedroom
- 1Bathroom
- 1Parking
- 700–799Sq Ft
- $3,514Tax
- $346/moCondo Fee
- Estimated Value:$407,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 101, 525 New Dundee Road, Kitchener, Doon South
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About Unit 101, 525 New Dundee Road, Kitchener, Doon South
Summarized Description
- Bright, open concept layout with 10 foot ceilings
- Private balcony with forest views
- Contemporary kitchen with stainless steel appliances
- In suite laundry and generous storage
- Remote controlled power blinds for convenience
- Access to fitness centre and landscaped patio
- Minutes from Highway 401 and local amenities
- Ideal for first-time buyers or investors
Welcome to 525 New Dundee Road, Unit 101, where modern style meets effortless living. This beautifully designed main floor one bedroom condo offers a bright, open concept layout with soaring 10 foot ceilings that create a spacious and inviting atmosphere.Enjoy your morning coffee or unwind after a long day on your private balcony overlooking peaceful forest views and nearby walking trails, providing a perfect blend of nature and convenience.The contemporary kitchen is designed to impress with sleek cabinetry, stainless steel appliances, and a reverse osmosis water system for fresh, filtered drinking water. The living space is enhanced with remote controlled power blinds, adding comfort and convenience at the touch of a button.This thoughtfully finished home also features in suite laundry, generous storage, and modern finishes throughout, making everyday living both comfortable and functional.Residents enjoy an outstanding selection of amenities including a fully equipped fitness centre, sauna, party room, library, pet wash station, and a beautifully landscaped outdoor patio complete with BBQs, ideal for relaxing or entertaining family and friends.Conveniently located just minutes from Highway 401, Conestoga College, shopping, restaurants, parks, and scenic walking trails, this location offers easy access to everything you need while maintaining a peaceful community setting.Whether you're a first time buyer, investor, or looking to downsize without compromising on quality, this exceptional condo offers the perfect combination of style, convenience, and low maintenance living.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,514
- Land Transfer Tax Fee
- $4,775
Condo/Maintenance Fee
- Maintenance Fee
- $346 /month
Included In Maintenance Fee
- Common Elements Included
- Building Insurance Included
Rental Items
- Rental Equipment
- HWT-Electric
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Interior Extras
- Carpet Free, Primary Bedroom - Main Floor, Water Heater
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Approx Age
- 0-5
- Condo Corp Number
- 784
Construction
- Exposure
- South
- Exterior Finish
- Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
Exclusions
- Exclusions
- Dyson vacuum and holder/charger, tv, dart board with frame and light, shoe rack in bedroom, Ikea cabinets in bedroom, Shower head with hand held fixture will be replaced with original shower head.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Type
- Exclusive
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Dining Room—Main level
- Bathroom—Main level, 4 Pc Bath
- Kitchen—Main level
- Living Room—Main level, Balcony
- Primary Bedroom—Main level
Washrooms
- 4-piece, Main
- Municipality
- Kitchener
- Neighbourhood
- Doon South
- Main cross streets
- Robert Ferrie Dr & New Dundee Rd
- Zoning
- COM3 NHC1
- Directions
- Homer-Watson to New Dundee Rd
- MLS® number
- X13560104
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-20
- Listed on
- 2026-07-14
- Days on market
- 37 days
- Possession date
- 2026-08-18
- Possession type
- Flexible
- Co-op commission
- 2%+HST
- Seller
- Listed by
- RE/MAX REAL ESTATE CENTRE INC.
Home Market Value
Current home valuation for Unit 101, 525 New Dundee Road, Kitchener, Doon South, Kitchener, ON. Listed for $415,000
HOMEH Estimate
$407,000
Estimated Sales Range
$350,500 - $463,500
HOMEH Estimate for Unit 101, 525 New Dundee Road, Kitchener, Doon South
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$20,750
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,770 | $11,579 | $9,877 | $0 |
=Total mortgage | $410,020 | $385,079 | $362,627 | $332,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,002monthly | $1,880monthly | $1,771monthly | $1,621monthly |
Land Transfer Tax
$4,775
$4,775
Around this home
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