Unit 16, 525 New Dundee Road
Kitchener, ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 1Bedroom
- 1Bathroom
- 1Parking
- 600–699Sq Ft
- $3,324Tax
- $316/moCondo Fee
Estimated Value:$397,647See Free Estimate Report
Sale & Price History for Unit 16, 525 New Dundee Road, Kitchener
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About Unit 16, 525 New Dundee Road, Kitchener
Summarized Description
- Bright 1-bedroom, 1-bathroom condo in Kitchener.
- Open-concept layout with modern finishes.
- Private balcony for outdoor living.
- In-suite laundry and stainless steel appliances.
- Building amenities include fitness centre and sauna.
- Located near parks, trails, and shopping.
- Ideal for first-time buyers or investors.
- Low-maintenance living in desirable Doon South.
Welcome to Unit 516 at 525 New Dundee Road in Kitchener, located in The Flats at Rainbow Lake in desirable Doon South. This bright and modern 1-bedroom, 1-bathroom condo features a functional open-concept layout with combined kitchen, dining, and living areas, modern finishes, stainless steel appliances, and in-suite laundry. Large windows provide plenty of natural light, while the private balcony offers additional outdoor living space.Building amenities include a fitness centre, sauna, library, party room, social lounge, pet wash station, and a beautifully designed outdoor patio with BBQ area. Located near Rainbow Lake, walking trails, parks, and green spaces, with convenient access to Highway 401, Conestoga College, shopping, restaurants, public transit, and everyday amenities. A great opportunity for a first-time buyer, investor, professional, or downsizer looking for modern, low-maintenance living in Kitchener.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,324
- Land Transfer Tax Fee
- $4,399
Condo/Maintenance Fee
- Maintenance Fee
- $316 /month
Included In Maintenance Fee
- Common Elements Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building Amenities
- Elevator
- Exercise Room
- Recreation Room
- Sauna
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Approx Age
- 0-5
- Condo Corp Number
- 784
Construction
- Exposure
- West
- Exterior Finish
- Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer.
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
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Main level
- Kitchen—Main level, Combined w/Dining
- Bathroom—Main level
- Bedroom—Main level
Washrooms
- 4-piece
- Municipality
- Kitchener
- Main cross streets
- Homer Watson Blvd
- Directions
- Homer Watson Blvd. to New Dundee Rd
- MLS® number
- X14089720
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-16
- Updated on
- 2026-10-17
- Days on market
- 0 days
- Possession type
- Immediate
- Co-op commission
- 2.0%
- Seller
- Listed by
- HOMELIFE/MIRACLE REALTY LTD
Home Market Value
Current home valuation for Unit 16, 525 New Dundee Road, Kitchener, , . Listed for $394,900
HOMEH Estimate
$397,647
Estimated Sales Range
$349,929 - $464,253
HOMEH Estimate for Unit 16, 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% of purchase price for homes $500K or less
$19,745
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,006 | $11,018 | $9,399 | $0 |
=Total mortgage | $390,161 | $366,428 | $345,064 | $315,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,905monthly | $1,789monthly | $1,685monthly | $1,542monthly |
Land Transfer Tax
$4,399
$4,399
Around this home
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