
Unit 204, 525 New Dundee Road
Kitchener, ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 2Bedrooms
- 2Bathrooms
- 1Parking
- 900–999Sq Ft
- $4,037Tax
- $384/moCondo Fee
- Estimated Value:$476,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 204, 525 New Dundee Road, Kitchener
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-11 | Login to See Prices | Terminated | x12939756 |
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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 204, 525 New Dundee Road, Kitchener
Summarized Description
- Open concept design for bright, functional living space.
- Three piece ensuite in primary bedroom for privacy.
- Balcony for outdoor relaxation and morning coffee.
- Backing onto conservation area with walking trails.
- Low-maintenance living in a well-managed building.
- Conveniently located near Highway 401 and amenities.
- Quiet and comfortable two-bedroom, two-bathroom condo.
- Stainless steel appliances and practical kitchen layout.
Welcome to Rainbow Lake Retreat, a quiet and comfortable place to call home. This two bedroom, two bathroom condo at 525 New Dundee Road offers 912 square feet of well laid out living space that's easy to enjoy day to day. The open concept design connects the kitchen, dining, and living areas, making the space feel bright and functional whether you're relaxing or having people over. The kitchen includes stainless steel appliances, plenty of cabinet space, and a practical layout that just works. Both bedrooms are a good size with ample closet space, and the primary bedroom features its own three piece ensuite for added privacy. The balcony is a great bonus, giving you extra room to unwind, have your morning coffee, or set up a small outdoor space that suits your lifestyle. The building itself has a lot to offer, including a gym, yoga studio with sauna, library, party room, social lounge, and even a pet wash station. One of the standout features here is the location. Backing onto the conservation area around Rainbow Lake, you'll have easy access to walking trails, water views, and a peaceful natural setting right outside your door. Conveniently located just minutes from Highway 401, shopping, restaurants, and everyday amenities, this condo offers the perfect balance of nature and accessibility. Whether you're a first-time buyer, downsizer, or investor, this is a great opportunity to enjoy low-maintenance living in a well-managed building in a desirable setting.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,037
- Land Transfer Tax Fee
- $6,455
Condo/Maintenance Fee
- Maintenance Fee
- $384 /month
Included In Maintenance Fee
- Building Insurance Included
- Common Elements 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
- Party Room/Meeting Room
- Sauna
- Visitor Parking
- Exercise Room
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Approx Age
- 0-5
- Condo Corp Number
- 784
Construction
- Exposure
- West
- Exterior Finish
- Concrete
- Roof
- Flat
- Special Designation
- Unknown
Inclusions
- Inclusions
- Dryer, Refrigerator, Stove, Washer, Window Coverings
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
- 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
- Zoning
- COM3 NHC1
- Directions
- Homer Watson Blvd. to New Dundee Rd.
- MLS® number
- X12939756
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-04-11
- Listed on
- 2026-03-31
- Days on market
- 11 days
- Possession type
- Flexible
- Co-op commission
- 3%
- Seller
- Listed by
- CORCORAN HORIZON REALTY
Home Market Value
Current home valuation for Unit 204, 525 New Dundee Road, Kitchener, , . Listed for $499,000
HOMEH Estimate
$476,000
Estimated Sales Range
$376,040 - $575,960
HOMEH Estimate for Unit 204, 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
$24,950
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $18,962 | $13,922 | $11,876 | $0 |
=Total mortgage | $493,012 | $463,022 | $436,026 | $399,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,407monthly | $2,261monthly | $2,129monthly | $1,949monthly |
Land Transfer Tax
$6,455
$6,455
Around this home
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