Unit 105, 525 New Dundee Road
Kitchener, ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 2Bedrooms
- 2Bathrooms
- 1Parking
- 1000–1199Sq Ft
- —Tax
- $447/moCondo Fee
Estimated Value:$484,000See Free Estimate Report
Property not available for sale or for rent.
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 105, 525 New Dundee Road, Kitchener
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About Unit 105, 525 New Dundee Road, Kitchener
Welcome to Rainbow Lake Retreat, your serene haven! This charming 2 bedroom, 2 bathroom condo blends style, comfort, and natural beauty seamlessly. Located at 525 New Dundee Road, this 1148-square foot residence is designed for elegant and convenient living. The open-concept layout connects the living, dining, and kitchen areas, creating a spacious and inviting environment ideal for relaxation and entertaining. The modern kitchen is outfitted with ample cabinet space and sleek stainless steel appliances to cater to all your culinary needs. Both bedrooms offer generous closet space, with the master suite featuring a 3-piece ensuite. Step outside onto your expansive balcony, offering additional living space for you to personalize and make your own. This outstanding property boasts an array of amenities such as a gym, yoga studio with sauna, library, social lounge, party room, and pet wash station. With it being situated beside the private conservation Rainbow Lake, it gives you easy access to the lake, trails and more. Don't miss the opportunity to experience contemporary living and tranquility in this exceptional Kitchener condominium. **Pictures of model suite**
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $0
- Land Transfer Tax Fee
- $9,715
Condo/Maintenance Fee
- Maintenance Fee
- $447 /month
Included In Maintenance Fee
- Common Elements Included
- Building Insurance Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building Amenities
- Exercise Room
- Party Room/Meeting Room
- Visitor Parking
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Approx Age
- 0-5
- Condo Corp Number
- 0
Construction
- Exposure
- South
- Exterior Finish
- Concrete
- Special Designation
- Unknown
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Living Room—Main level
- Kitchen—Main level, Combined w/Dining
- Primary Bedroom—Main level
- Bedroom—Main level
Washrooms
- 3-piece, Main
- 4-piece, Main
- Municipality
- Kitchener
- Main cross streets
- Robert Ferrie Drive / New Dundee Road
- MLS® number
- X9282669
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2024-12-31
- Listed on
- 2024-08-26
- Days on market
- 127 days
- Possession type
- Flexible
- Co-op commission
- 3%
- Seller
- Listed by
- CORCORAN HORIZON REALTY
Home Market Value
Current home valuation for Unit 105, 525 New Dundee Road, Kitchener, , . Listed for $662,000
HOMEH Estimate
$484,000
Estimated Sales Range
$382,360 - $585,640
HOMEH Estimate for Unit 105, 525 New Dundee Road, Kitchener
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% on first $500K + 10% on $162,000 over $500K
$41,200
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $24,812 | $18,470 | $15,756 | $0 |
=Total mortgage | $645,106 | $614,270 | $578,456 | $529,600 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,150monthly | $2,999monthly | $2,824monthly | $2,586monthly |
Land Transfer Tax
$9,715
$9,715
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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