Unit 413, 525 New Dundee Road
Kitchener (Doon South), ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 1Bedroom
- 1Bathroom
- 1Parking
- 700–799Sq Ft
- $3,514Tax
- $303/moCondo Fee
Estimated Value:$405,500See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 413, 525 New Dundee Road, Kitchener, Doon South
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About Unit 413, 525 New Dundee Road, Kitchener, Doon South
Summarized Description
- One bedroom, one bathroom condo in Kitchener.
- Open concept layout for spacious living.
- Kitchen features stainless steel appliances.
- Balcony offers views of Rainbow Lake.
- Access to conservation area for outdoor activities.
- Building includes various lifestyle amenities.
- 723 square feet of thoughtfully designed space.
- Well maintained modern building in a sought after community.
Nestled within the sought after Rainbow Lake community in Kitchener, this one bedroom, one bathroom condo at 525 New Dundee Road offers 723 square feet of thoughtfully designed living space that truly feels like home. The open concept layout connects the living, dining, and kitchen areas in a way that feels both spacious and inviting, whether you are settling in after a long day or having friends over for the evening. The kitchen is well appointed with stainless steel appliances and generous cabinet storage that makes everyday living effortless. Step through the balcony door and you are greeted with peaceful views of Rainbow Lake, a backdrop that makes this unit genuinely special. The building itself is packed with amenities that support an active and balanced lifestyle, including a gym, yoga studio, sauna, library, social lounge, party room, and a pet wash station. Residents also enjoy exclusive access to the Rainbow Lake conservation area, where kayaking, canoeing, swimming, and fishing are all right at your doorstep. This is a wonderful opportunity to live surrounded by nature without giving up the comforts and conveniences of a well maintained modern building.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,514
- Land Transfer Tax Fee
- $4,655
Condo/Maintenance Fee
- Maintenance Fee
- $303 /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
- View
- Trees/Woods
- Security Features
- Carbon Monoxide Detectors, Concierge/Security, Security System, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building Amenities
- Community BBQ
- Elevator
- Gym
- Party Room/Meeting Room
- Sauna
- Visitor Parking
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Building Name
- The Flats at Rainbow Lake
- Approx Age
- 0-5
- Condo Corp Number
- 784
Construction
- Exposure
- North
- Exterior Finish
- Concrete
- Roof
- Flat
- Special Designation
- Unknown
Inclusions
- Inclusions
- Dryer, Refrigerator, Stove, Washer
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
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Kitchen—Main level
- Living Room—Main level
- Primary Bedroom—Main level
- Bathroom—Main level
Washrooms
- 4-piece
- Municipality
- Kitchener
- Neighbourhood
- Doon South
- Main cross streets
- Homer Watson Blvd
- Zoning
- COM3 NHC1
- Directions
- Homer Watson Blvd to New Dundee Rd.
- MLS® number
- X13461308
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-10-16
- Listed on
- 2026-06-18
- Days on market
- 120 days
- Possession type
- 60-89 days
- Co-op commission
- 2% + HST
- Seller
- Listed by
- CORCORAN HORIZON REALTY
Home Market Value
Current home valuation for Unit 413, 525 New Dundee Road, Kitchener, Doon South, Kitchener, ON. Listed for $409,000
HOMEH Estimate
$405,500
Estimated Sales Range
$347,625 - $463,375
HOMEH Estimate for Unit 413, 525 New Dundee Road, Kitchener, Doon South
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
$20,450
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,542 | $11,411 | $9,734 | $0 |
=Total mortgage | $404,092 | $379,511 | $357,384 | $327,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,973monthly | $1,853monthly | $1,745monthly | $1,598monthly |
Land Transfer Tax
$4,655
$4,655
Around this home
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