Skip to main

    105 - 525 New Dundee Rd

    For SaleFlats at Rainbow Lake
    $662,000
    Price Cut: $685,000
    2 Beds
    2 Bath
    1 Parking
    1,148 SQFT
    90 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $447/mth
    Taxes:
    $0 (2024)
    Cost Per Sqft:
    $577/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    Flexible
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    12.17 x 11.68ft
    Kitchen
    Combined with Dining
    16.34 x 14.17ft
    Prim Bdrm
    11.42 x 13.26ft

    About this Listing

    Welcome to Rainbow Lake Retreat, your serene haven! This charming 2 bedroom, 2 bathroom condo blends style, comfort, and natural beauty seamlessly. Located at 525 New Dundee Road, this 1148-square foot residence is designed for elegant and convenient living. The open-concept layout connects the living, dining, and kitchen areas, creating a spacious and inviting environment ideal for relaxation and entertaining. The modern kitchen is outfitted with ample cabinet space and sleek stainless steel appliances to cater to all your culinary needs. Both bedrooms offer generous closet space, with the master suite featuring a 3-piece ensuite. Step outside onto your expansive balcony, offering additional living space for you to personalize and make your own. This outstanding property boasts an array of amenities such as a gym, yoga studio with sauna, library, social lounge, party room, and pet wash station. With it being situated beside the private conservation Rainbow Lake, it gives you easy access to the lake, trails and more. Don't miss the opportunity to experience contemporary living and tranquility in this exceptional Kitchener condominium. **Pictures of model suite**

    corcoran horizon realtyMLS® #X9282669


    Amenities

    Sauna
    Gym Room
    Visitor Parking
    Security System
    Bike Storage
    Rec Room

    Explore Neighbourhood

    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    Similar Listings

    Maintenance Fees

    Flats at Rainbow Lake vs The Doon South Area

    Days on Strata

    Units at Flats at Rainbow Lake spend an average of
    N/A
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Doon South

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 11 condos in the Doon South area

    Sold Units

    0
    Units were Sold over the past twelve months

    Rented Units

    33
    Units were Rented over the past twelve months

    Best Value Rank

    Flats at Rainbow Lake offers the
    ?
    N/A
    best value out of 11 condos in the Doon South neighbourhood

    Appreciation Rank

    Flats at Rainbow Lake has the
    ?
    N/A
    highest ROI out of 11 condos in the Doon South neighbourhood

    Rental Yield

    Flats at Rainbow Lake yields the
    ?
    N/A
    highest rent prices out of 11 condos in the Doon South neighbourhood

    High Demand

    Flats at Rainbow Lake is the
    ?
    N/A
    most popular building out of 11 condos in the Doon South neighbourhood

    Transaction Insights at 525 New Dundee Road

    1 Bed2 Bed
    Price RangeNo DataNo Data
    Avg. Cost Per SqftNo DataNo Data
    Avg. Wait for Unit AvailabilityNo DataNo Data
    Ratio of Units in Building42%57%

    Transactions vs Inventory

    Total number of units listed and sold in Doon South