Unit 525, 525 New Dundee Road
Kitchener (Doon South), ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 2Bedrooms
- 2Bathrooms
- 1Parking
- 1000–1199Sq Ft
- $4,504Tax
- $480/moCondo Fee
Estimated Value:$472,450See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 525, 525 New Dundee Road, Kitchener, Doon South
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About Unit 525, 525 New Dundee Road, Kitchener, Doon South
Summarized Description
- Inviting 2-bedroom, 2-bathroom condo.
- Open-concept layout for modern living.
- Private balcony for relaxation and views.
- Generously sized bedrooms with large closets.
- Steps from walking trails and nature.
- Convenient access to Highway 401.
- Building amenities include gym and sauna.
Welcome to Rainbow Lake! This inviting 2-bedroom, 2-bathroom condo at 525 New Dundee Road offers a comfortable blend of modern living and natural surroundings. With over 1,000 sq ft of space, the open-concept layout flows easily from the kitchen to the dining and living areas, making it a great place to relax or spend time with friends. The kitchen has plenty of cabinet space and modern stainless steel appliances, and both bedrooms are generously sized with large closets for extra storage. Your private balcony is perfect for morning coffee, a quiet evening break, or simply taking in some fresh air. The building also has a great mix of amenities to fit your daily routine - get a workout in at the gym, unwind in the sauna, or host gatherings in the party room or social lounge. If you love the outdoors, you're steps from the walking trails around Rainbow Lake, where you can enjoy peaceful views, nature walks, and time outside whenever you need it. And for commuters, the quick access to Highway 401 makes getting around the region simple and stress-free. This condo offers comfort, convenience, and a beautiful natural setting all in one place!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,504
- Land Transfer Tax Fee
- $7,495
Condo/Maintenance Fee
- Maintenance Fee
- $480 /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
- Storage
- Fireplace/Stove
- No
- Elevator
- Yes
Exterior Features
- Balcony
- Open
Building Amenities
- Elevator
- Exercise Room
- Party Room/Meeting Room
- Sauna
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Approx Age
- 0-5
- Condo Corp Number
- 784
Construction
- Exposure
- West
- Exterior Finish
- Concrete Poured
- Roof
- Flat
- Foundation Details
- Poured Concrete
- 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
- Electric
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Kitchen—Main level, Combined w/Dining
- Living Room—Main level
- Bedroom—Main level
- Bedroom—Main level
Washrooms
- 4-piece, Main
- 4-piece, Main
- Municipality
- Kitchener
- Neighbourhood
- Doon South
- Main cross streets
- Robert Ferrie
- Zoning
- COM3 NHC1
- Directions
- Robert Ferrie to New Dundee Rd
- MLS® number
- X13437436
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-14
- Listed on
- 2026-06-11
- Days on market
- 33 days
- Possession type
- Flexible
- Co-op commission
- 3%
- Seller
- Listed by
- CORCORAN HORIZON REALTY
Home Market Value
Current home valuation for Unit 525, 525 New Dundee Road, Kitchener, Doon South, Kitchener, ON. Listed for $551,000
HOMEH Estimate
$472,450
Estimated Sales Range
$373,236 - $571,665
HOMEH Estimate for Unit 525, 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% on first $500K + 10% on $51,000 over $500K
$30,100
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $20,828 | $15,373 | $13,114 | $0 |
=Total mortgage | $541,523 | $511,273 | $481,464 | $440,800 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,644monthly | $2,496monthly | $2,351monthly | $2,152monthly |
Land Transfer Tax
$7,495
$7,495
Around this home
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