Was listed for:Terminated Apr 11, 2026
$499,000

Unit 204, 525 New Dundee Road

Kitchener, ON N2P 0K8

Condo Apartment TerminatedNot available
Flats at Rainbow Lake exteriorFlats at Rainbow Lake8 storeys, 184 suites, built 2024
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit 204, 525 New Dundee Road, Kitchener

2026-03-31
2026-04-11
Terminated
Price
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MLS#
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.

$476,000Medium confidence
Based on 5 comparable properties
+ $23,000 (5%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Minimum down payment

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=Total mortgage
$493,012$463,022$436,026$399,200
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$2,407monthly$2,261monthly$2,129monthly$1,949monthly
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Land Transfer Tax

Provincial

$6,455

Total Land Transfer Tax

$6,455

Around this home

0/100Almost All Errands Require a Car
0/100Minimal Transit
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