Unit 724, 525 New Dundee Road
Kitchener, ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 2Bedrooms
- 2Bathrooms
- 1Parking
- 1000–1199Sq Ft
- $4,518Tax
- $443/moCondo Fee
Estimated Value:$469,921See 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 724, 525 New Dundee Road, Kitchener
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-01-15 | 2026-05-16 | Login to See Prices | Expired | x12700746 |
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About Unit 724, 525 New Dundee Road, Kitchener
Summarized Description
- Welcoming 2-bedroom, 2-bathroom condo.
- Over 1,000 sq ft of living space.
- Open concept layout for seamless flow.
- Private balcony for outdoor enjoyment.
- Modern kitchen with stainless steel appliances.
- Large bedrooms with ample closet space.
- Access to scenic trails for outdoor activities.
- Conveniently located near Highway 401.
Discover life at Rainbow Lake in this warm and welcoming 2-bedroom, 2-bathroom condo at 525 New Dundee Road. Offering over 1,000 sq ft of comfortable living space, the layout is designed to feel open and connected, with the kitchen, dining, and living areas flowing together seamlessly. The kitchen provides ample storage and modern stainless steel appliances, and both bedrooms offer generous space and large closets to keep things organized. Step out onto your private balcony to start your day with a coffee or wind down in the evening with some fresh air. The building's amenities make everyday living easy, whether you're fitting in a workout at the gym, relaxing in the sauna, or gathering with friends in the party room or social lounge. For those who enjoy being outdoors, Rainbow Lake's scenic trail system is just steps from your door.It's a peaceful spot for walking, taking in the views, or simply enjoying nature whenever you want a break from the day. Commuters will also appreciate the convenient access to Highway 401, making travel around the region quick and straightforward. A comfortable home, great amenities, and beautiful natural surroundings, this condo brings it all together.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,518
- Land Transfer Tax Fee
- $7,148
Condo/Maintenance Fee
- Maintenance Fee
- $443 /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
- 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, Other
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
- 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
- Main cross streets
- Homer Watson Blvd
- Zoning
- COM3 NHC1
- Directions
- Robert Ferrie to New Dundee Rd
- MLS® number
- X12700746
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-05-16
- Listed on
- 2026-01-15
- Days on market
- 121 days
- Possession type
- Flexible
- Co-op commission
- 3%
- Seller
- Listed by
- CORCORAN HORIZON REALTY
Home Market Value
Current home valuation for Unit 724, 525 New Dundee Road, Kitchener, , . Listed for $533,628
HOMEH Estimate
$469,921
Estimated Sales Range
$371,238 - $568,604
HOMEH Estimate for Unit 724, 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% on first $500K + 10% on $33,628 over $500K
$28,363
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $20,192 | $14,888 | $12,700 | $0 |
=Total mortgage | $525,004 | $495,153 | $466,284 | $426,902 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,563monthly | $2,418monthly | $2,277monthly | $2,084monthly |
Land Transfer Tax
$7,148
$7,148
Around this home
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