Unit 811, 525 New Dundee Road
Kitchener, ON N2P 0K8
Flats at Rainbow Lake8 storeys, 184 suites, built 2024- 1Bedroom
- 1Bathroom
- 1Parking
- 700–799Sq Ft
- —Tax
- $304/moCondo Fee
Estimated Value:$402,000See 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 811, 525 New Dundee Road, Kitchener
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2024-09-24 | 2025-02-28 | Login to See Prices | Expired | x9365318 |
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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 811, 525 New Dundee Road, Kitchener
Welcome to Rainbow Lake Retreat! This 1-bedroom, 1-bathroom unit at 525 New Dundee Road seamlessly blends modern design with natural beauty. Spanning 723 square feet, the open layout connects the living,dining, and kitchen areas, creating a spacious and inviting environment perfect for relaxation and entertaining. The kitchen features plenty of cabinet space and stainless steel appliances to satisfy all your cooking needs. The bedroom includes a generous closet, with the bathroom conveniently nearby. Step out onto the large balcony for an additional outdoor living area. The property offers a variety of amenities,including a gym, yoga studio with sauna, library, social lounge, party room, and pet wash station. Nestled next to Rainbow Lake, you'll enjoy easy access to the lake, trails, and more. Experience modern living in this beautifully appointed condo in Kitchener. Make this exceptional condominium your new home at Rainbow Lake! **Photos are of exterior and amenities only**
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $0
- Land Transfer Tax Fee
- $6,655
Condo/Maintenance Fee
- Maintenance Fee
- $304 /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
- 0
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
- X9365318
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-02-28
- Listed on
- 2024-09-24
- Days on market
- 157 days
- Possession type
- Flexible
- Co-op commission
- 3%
- Seller
- Listed by
- CORCORAN HORIZON REALTY
Home Market Value
Current home valuation for Unit 811, 525 New Dundee Road, Kitchener, , . Listed for $509,000
HOMEH Estimate
$402,000
Estimated Sales Range
$353,760 - $450,240
HOMEH Estimate for Unit 811, 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 $9,000 over $500K
$25,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $19,322 | $14,201 | $12,114 | $0 |
=Total mortgage | $502,363 | $472,301 | $444,764 | $407,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,453monthly | $2,306monthly | $2,172monthly | $1,988monthly |
Land Transfer Tax
$6,655
$6,655
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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