
Unit 222, 525 New Dundee Road
Kitchener, ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 2Bedrooms
- 2Bathrooms
- 1Parking
- 900–999Sq Ft
- —Tax
- $384/moCondo Fee
- Estimated Value:$475,000See 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 222, 525 New Dundee Road, Kitchener
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About Unit 222, 525 New Dundee Road, Kitchener
Welcome to Rainbow Lake Retreat, a peaceful sanctuary! This 2 bedroom, 2 bathroom condo has a perfect combination of style, comfort, and natural beauty. This suite, which is located at 525 New Dundee Road, features 1004 square feet of living space that has been carefully planned to provide an elegant and convenient lifestyle. The living, dining, and kitchen spaces are all open to one another in a seamless concept that creates a large, cozy space that's perfect for relaxing and socializing with guests. The well-equipped kitchen has plenty of cabinet space and contemporary stainless steel appliances to meet and exceed your culinary need. Both bedrooms feature large closets, and the master suite features 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 chance to reside in this prime locale, offering serenity, contemporary living, and exciting facilities. Make this exceptional condominium your next residence in Kitchener at Rainbow Lake!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $0
- Land Transfer Tax Fee
- $8,055
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
- 0
Construction
- Exposure
- West
- 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
- 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
- X11967758
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-05-11
- Listed on
- 2025-02-11
- Days on market
- 89 days
- Possession type
- Flexible
- Co-op commission
- 3%
- Seller
- Listed by
- CORCORAN HORIZON REALTY
Home Market Value
Current home valuation for Unit 222, 525 New Dundee Road, Kitchener, , . Listed for $579,000
HOMEH Estimate
$475,000
Estimated Sales Range
$375,250 - $574,750
HOMEH Estimate for Unit 222, 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 $79,000 over $500K
$32,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $21,840 | $16,154 | $13,780 | $0 |
=Total mortgage | $567,837 | $537,254 | $505,930 | $463,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,772monthly | $2,623monthly | $2,470monthly | $2,262monthly |
Land Transfer Tax
$8,055
$8,055
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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