Unit 520, 525 New Dundee Road
Kitchener, ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 1Bedroom
- 1Bathroom
- 1Parking
- 600–699Sq Ft
- —Tax
- $285/moCondo Fee
Estimated Value:$394,000See 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 520, 525 New Dundee Road, Kitchener
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2024-11-28 | 2025-02-27 | Login to See Prices | Expired | x11431014 |
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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 520, 525 New Dundee Road, Kitchener
Welcome to Rainbow Lake Retreat! This charming 1-bedroom, 1-bathroom condo at 525 New Dundee Road combines contemporary style with the tranquility of nature. Offering 679 square feet of living space, the open-concept design effortlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere ideal for both relaxation and entertaining. The kitchen is equipped with ample cabinetry and sleek stainless steel appliances, perfect for all your culinary needs. The spacious bedroom features a large closet, with the bathroom conveniently located nearby. Enjoy additional outdoor living on the expansive 87 square-foot balcony. The property boasts a variety of amenities, including a gym, yoga studio with sauna, library, social lounge, party room, and a pet wash station. Located next to Rainbow Lake, you'll have easy access to scenic trails and the serene lakefront. Experience the best of modern living in this beautifully designed condo in Kitchener. Make Rainbow Lake Retreat your new home! **Photos of exterior and amenities**
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $0
- Land Transfer Tax Fee
- $5,055
Condo/Maintenance Fee
- Maintenance Fee
- $285 /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
- Ensuite
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- Yes
Exterior Features
- Balcony
- Open
Building Amenities
- Exercise Room
- Party Room/Meeting Room
- Visitor Parking
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Approx Age
- 0-5
- Condo Corp Number
- 784
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
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Kitchen—Main level, Combined w/Dining
- Living Room—Main level
- Primary Bedroom—Main level
Washrooms
- 4-piece, Main
- Municipality
- Kitchener
- Main cross streets
- Robert Ferrie Drive / New Dundee Road
- MLS® number
- X11431014
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-02-27
- Listed on
- 2024-11-28
- Days on market
- 91 days
- Possession type
- Flexible
- Co-op commission
- 3%
- Seller
- Listed by
- CORCORAN HORIZON REALTY
Home Market Value
Current home valuation for Unit 520, 525 New Dundee Road, Kitchener, , . Listed for $429,000
HOMEH Estimate
$394,000
Estimated Sales Range
$346,720 - $441,280
HOMEH Estimate for Unit 520, 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
$21,450
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $16,302 | $11,969 | $10,210 | $0 |
=Total mortgage | $423,852 | $398,069 | $374,860 | $343,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,069monthly | $1,944monthly | $1,830monthly | $1,676monthly |
Land Transfer Tax
$5,055
$5,055
Around this home
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