616 - 525 New Dundee Rd

$2,1001 bd1 ba1 pk654 sqft

For RentFlats at Rainbow Lake

33 Days on Strata

Est Lease Timeframe:

25 Days

$2,100/mth

1 Bed

1 Bath

1 Parking

654 SQFT

Listing History

Details

Property Type:

Condo

Possession Date:

Flexible

Lease Term:

1 Year

Utilities Included:

Outdoor Space:

Balcony

Furnished:

Exposure:

North

Locker:

None

Laundry:

Main

Amenities

Visitor Parking

Outdoor Pool

Gym

Rec Room

Sauna

Security System

Bike Storage

BBQs Allowed

Party Room

About this Listing

Welcome to Rainbow Lake! This charming 1-bedroom, 1-bathroom condo perfectly combines comfort, style, and natural beauty. Offering 654 sq ft of well-designed living space, this unit is the ideal retreat for a modern, convenient lifestyle. The open-concept living and dining areas create a bright and airy ambiance, ideal for both relaxation and entertaining. The kitchen is equipped with sleek stainless steel appliances, a functional kitchen island, and plenty of cabinet space to meet all your culinary needs. Step outside to your spacious balcony and enjoy stunning views of Rainbow Lake. For added convenience, an in-suite laundry area is included. The bedroom features a large closet, providing ample storage for your belongings. This unique building offers an impressive range of amenities, including a gym, yoga studio and sauna, library, social lounge, party room, pet wash station, and direct access to the Rainbow Lake Conservation Area. Don't miss your chance to live in this prime location, where tranquility, modern living, and exceptional amenities come together. Make this beautiful condo your new home in Kitchener at Rainbow Lake!

ExtrasDishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer

corcoran horizon realtyMLS® #X12020440

Utilities Included

Rent Includes

Parking

Building Maintenance

Not Included

Hydro

Heat

Air Conditioning

Water

Utility Type

Air Conditioning

Central Air

Heat Source

No Data

Heating

Forced Air

Room Dimensions

Kitchen

11.25 x 13.32ft

Living

Combined with Dining

10.4 x 12.5ft

Primary

10.5 x 10.66ft

Renter's Market

Balanced

Landlord's Market

Similar Listings

Explore Doon South

Unknown

Walkability

Unknown

Transit

Unknown

Bikeability

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Maintenance Fees

Flats at Rainbow Lake vs The Doon South Area

Building Trends At Flats at Rainbow Lake

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

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

Units were Sold over the past twelve months

Rented Units

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 Flats at Rainbow Lake

	1 Bed	2 Bed
Price Range	No Data	No Data
Avg. Cost Per Sqft	No Data	No Data
Price Range	$2,000 - $2,250	$2,450 - $2,750
Avg. Wait for Unit Availability	No Data	No Data
Avg. Wait for Unit Availability	28 Days	25 Days
Ratio of Units in Building	42%	45%