Unit 305, 525 New Dundee Road
Kitchener, ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 1Bedroom
- 1Bathroom
- 1Parking
- 700–799Sq Ft
- $3,514Tax
- $339/moCondo Fee
Estimated Value:$410,731See 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 305, 525 New Dundee Road, Kitchener
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-01-05 | 2026-01-12 | Login to See Prices | Terminated | x12662630 |
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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 305, 525 New Dundee Road, Kitchener
Summarized Description
- Custom kitchen with island and high-end finishes.
- Private balcony with greenspace views.
- Access to a private conservation area.
- Stocked lake for canoeing and swimming.
- Located minutes from 401 and amenities.
- Includes electric vehicle parking spot.
- Abundant building amenities for residents.
Rainbow Lake - the best-kept-secret of the lower Doon area in Kitchener. Being in the center of it all but feeling like you're in the middle of nowhere! Residents of this development have access to a private conservation area with walking trails and a lake that's over 45 ft deep, stocked with fish, and allows for canoeing, swimming and ice skating. The building amenities are abundant; with a gym, sauna, yoga room, lounge with pool table, pet spa, and interior bike storage. The unit has an amazing view of the greenspace from its private balcony! It's one bedroom, one bathroom with 9 ft ceilings, custom kitchen with island, and finished with high-end selections and a super stylish vibe. The price also includes an electric vehicle parking spot. A very rare project for the region that allows you to enjoy the outdoors just minutes from the 401, Conestoga College and Whistle Bear Golf Club.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,514
- Land Transfer Tax Fee
- $6,375
Condo/Maintenance Fee
- Maintenance Fee
- $339 /month
Included In Maintenance Fee
- Common Elements Included
- Building Insurance Included
- Parking Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Interior Extras
- Water Heater Owned
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building Amenities
- Exercise Room
- Party Room/Meeting Room
- Sauna
- Visitor Parking
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Approx Age
- 0-5
- Condo Corp Number
- 784
Construction
- Exposure
- South
- Exterior Finish
- Concrete
- Roof
- Asphalt Shingle
- Special Designation
- Unknown
Inclusions
- Inclusions
- fridge, stove, dishwasher, stackable washer/dryer, window coverings, water heater
Exclusions
- Exclusions
- tv and mount, shelves in living room, cat tree wall
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
- Electric
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Kitchen—Main level, Combined w/Dining, Open Concept
- Living Room—Main level, Open Concept, W/O To Balcony
- Bedroom—Main level, Semi Ensuite
Washrooms
- 4-piece, Main
- Municipality
- Kitchener
- Main cross streets
- Homer Watson Blvd
- Directions
- Homer Watson Blvd to New Dundee Road
- Waterfront
- Indirect
- MLS® number
- X12662630
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-01-12
- Listed on
- 2026-01-05
- Days on market
- 7 days
- Possession type
- 60-89 days
- Co-op commission
- 2% plus HST
- Seller
- Listed by
- eXp Realty
Home Market Value
Current home valuation for Unit 305, 525 New Dundee Road, Kitchener, , . Listed for $495,000
HOMEH Estimate
$410,731
Estimated Sales Range
$324,477 - $499,093
HOMEH Estimate for Unit 305, 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
$24,750
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $18,810 | $13,811 | $11,781 | $0 |
=Total mortgage | $489,060 | $459,311 | $432,531 | $396,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,388monthly | $2,243monthly | $2,112monthly | $1,933monthly |
Land Transfer Tax
$6,375
$6,375
Around this home
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