Unit 802, 525 New Dundee Road
Kitchener, ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 2Bedrooms
- 2Bathrooms
- 1Parking
- 1000–1199Sq Ft
- $3,420Tax
- $426/moCondo Fee
Estimated Value:$511,789See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 802, 525 New Dundee Road, Kitchener
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About Unit 802, 525 New Dundee Road, Kitchener
Discover this spacious 2-bedroom, 2-bathroom corner unit boasting 1004 (including balcony) sq ft of beautifully designed living space with hardwood flooring throughout and soothing neutral colors. The spacious primary bedroom features an ensuite with a large walk-in shower, while the second bedroom offers a built-in wardrobe. Enjoy the luxury of laundry ensuite, a generous layout, and stunning views of the Grand River. Step outside your door to private access to the Rainbow Lake Conservation Area and experience a lifestyle immersed in nature, while still being close to shops, dining, and major highways. This home comes with an exclusive 1-year membership to the Rainbow Conservatory included for residents! The community offers fantastic amenities including a gym, yoga studio, bike room, library, and party room, ensuring theres something for everyone. The building is ideally situated near local shops, dining, recreational venues. Located just 2 minutes from Highway 401 and close to Conestoga College, this residence perfectly blends convenience and comfort. Dont miss your chance to call this stunning corner unit your new home!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,420
- Land Transfer Tax Fee
- $9,975
Condo/Maintenance Fee
- Maintenance Fee
- $426 /month
Included In Maintenance Fee
- Heat Included
- Common Elements Included
- Building Insurance Included
- Parking Included
Rental Items
- Rental Equipment
- Tankless Hot water
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Interior Extras
- Carpet Free
- View
- Lake
- Security Features
- Concierge/Security
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Terrace
Building Amenities
- BBQs Allowed
- Concierge
- Exercise Room
- Indoor Pool
- Party Room/Meeting Room
- Visitor Parking
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Building Name
- Flats at Rainbow Lake
- Condo Corp Number
- 784
Construction
- Exposure
- North
- Exterior Finish
- Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- All existing Stainless Steel Appliances, Doubledoor Fridge, Stove, Microwave, dishwasher. Washer, dryer. All existing light fixtures and Blinds
Exclusions
- Exclusions
- curtains
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
- Bedroom—Flat level, Hardwood Floor, Large Window
- Primary Bedroom—Flat level, Hardwood Floor, Large Window, Ensuite Bath
- Living Room—Flat level, Hardwood Floor, Combined w/Dining
- Dining Room—Flat level, Hardwood Floor, Combined w/Living
- Kitchen—Flat level, Hardwood Floor
Washrooms
- 4-piece, Flat
- Municipality
- Kitchener
- Main cross streets
- New Dundee Road and Reichert Drive
- Directions
- New Dundee Road and Reichert Drive
- MLS® number
- X12368502
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-10-31
- Listed on
- 2025-08-28
- Days on market
- 64 days
- Possession date
- 2025-10-31
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- CITYSCAPE REAL ESTATE LTD.
Home Market Value
Current home valuation for Unit 802, 525 New Dundee Road, Kitchener, , . Listed for $675,000
HOMEH Estimate
$511,789
Estimated Sales Range
$449,530 - $700,598
HOMEH Estimate for Unit 802, 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 $175,000 over $500K
$42,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $25,299 | $18,833 | $16,065 | $0 |
=Total mortgage | $657,774 | $626,333 | $589,815 | $540,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,212monthly | $3,058monthly | $2,880monthly | $2,637monthly |
Land Transfer Tax
$9,975
$9,975
Around this home
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