Unit 716, 525 New Dundee Road
Kitchener, ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 1Bedroom
- 1Bathroom
- 1Parking
- 600–699Sq Ft
- —Tax
- $275/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 716, 525 New Dundee Road, Kitchener
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2024-11-28 | 2024-12-30 | Login to See Prices | Terminated | x11431048 |
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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 716, 525 New Dundee Road, Kitchener
Discover the peaceful haven of Rainbow Lake, located at 525 New Dundee Rd. This inviting one-bedroom, one-bathroom unit effortlessly combines modern comfort with style, all set within a stunning natural landscape. Spanning 654 square feet, the well-planned layout offers a cozy yet practical living space for easy, relaxed living. The open-concept design of the living, dining, and kitchen areas fills the space with natural light, creating a welcoming environment perfect for both relaxation and entertaining. The contemporary kitchen features sleek stainless steel appliances perfect for those who love to cook. Step outside to the 83 square-foot balcony, offering additional outdoor space to personalize. Residents can enjoy a range of amenities, including a fitness center, yoga studio with sauna, library, social lounge, party room, pet grooming station, and access to the peaceful Rainbow Lake conservation area. Don't miss the chance to experience this sought-after Kitchener location, where modern living meets serene surroundings and a wealth of desirable amenities! **Photos of model unit**
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $0
- Land Transfer Tax Fee
- $4,875
Condo/Maintenance Fee
- Maintenance Fee
- $275 /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
- X11431048
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2024-12-30
- Listed on
- 2024-11-28
- Days on market
- 32 days
- Possession type
- Flexible
- Co-op commission
- 3%
- Seller
- Listed by
- CORCORAN HORIZON REALTY
Home Market Value
Current home valuation for Unit 716, 525 New Dundee Road, Kitchener, , . Listed for $420,000
HOMEH Estimate
$394,000
Estimated Sales Range
$346,720 - $441,280
HOMEH Estimate for Unit 716, 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
$21,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,960 | $11,718 | $9,996 | $0 |
=Total mortgage | $414,960 | $389,718 | $366,996 | $336,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,026monthly | $1,903monthly | $1,792monthly | $1,641monthly |
Land Transfer Tax
$4,875
$4,875
Around this home
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