Unit 706, 525 New Dundee Road
Kitchener, ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 1Bedroom
- 1Bathroom
- 1Parking
- 800–899Sq Ft
- $3,826Tax
- $365/moCondo Fee
Estimated Value:$429,500See 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 706, 525 New Dundee Road, Kitchener
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About Unit 706, 525 New Dundee Road, Kitchener
Summarized Description
- Beautifully designed 1-bedroom, 1-bathroom condo.
- Open-concept layout ideal for entertaining.
- Modern kitchen with stainless steel appliances.
- Expansive balcony for outdoor relaxation.
- Direct access to scenic walking trails.
- Tranquil waterfront views enhance living experience.
- Access to various building amenities.
Discover the serenity of Rainbow Lake in this beautifully designed 1-bedroom, 1-bathroom condo at 525 New Dundee Road. Offering 842 sq. ft.of thoughtfully planned living space, this unit perfectly blends modern style with the calming beauty of nature. The open-concept layout connects the kitchen, dining, and living areas, creating an inviting space ideal for relaxing or entertaining. The modern kitchen is equipped with stainless steel appliances and ample cabinetry, making meal preparation effortless. The spacious bedroom includes a convenient closet, with the full bathroom located just steps away. You'll also enjoy the large in-unit storage room and an expansive balcony - a peaceful outdoor retreat with room to unwind. Residents have access to an impressive selection of amenities, including a fitness center, yoga studio with sauna, library, social lounge, party room, and pet wash station. Nestled beside picturesque Rainbow Lake, this location offers direct access to scenic walking trails and tranquil waterfront views. Experience a perfect blend of comfort, convenience, and natural beauty in this exceptional Kitchener condo.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,826
- Land Transfer Tax Fee
- $5,855
Condo/Maintenance Fee
- Maintenance Fee
- $365 /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
- Building Name
- The Flats at Rainbow Lake
- Condo Corp Number
- 784
Construction
- Exposure
- West
- Exterior Finish
- Concrete Poured
- Roof
- Flat
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, 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, Combined w/Dining
- Living Room—Main level
- Den—Main level
- Bedroom—Main level
- Other—Main level
Washrooms
- 4-piece, Main
- Municipality
- Kitchener
- Main cross streets
- Homer Watson Blvd
- Zoning
- COM3 NHC1
- Directions
- Homer Watson Blvd. to New Dundee Rd
- MLS® number
- X12699912
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-03-09
- Listed on
- 2026-01-15
- Days on market
- 53 days
- Possession type
- Flexible
- Co-op commission
- 3%
- Seller
- Listed by
- CORCORAN HORIZON REALTY
Home Market Value
Current home valuation for Unit 706, 525 New Dundee Road, Kitchener, , . Listed for $469,000
HOMEH Estimate
$429,500
Estimated Sales Range
$369,007 - $489,993
HOMEH Estimate for Unit 706, 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
$23,450
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $17,822 | $13,085 | $11,162 | $0 |
=Total mortgage | $463,372 | $435,185 | $409,812 | $375,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,262monthly | $2,125monthly | $2,001monthly | $1,832monthly |
Land Transfer Tax
$5,855
$5,855
Around this home
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