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    Doon South

    714 - 525 New Dundee Rd

    $2,0501 bd1 ba1 pk659 sqft
    For RentFlats at Rainbow Lake
    13 Days on Strata
    Est Lease Timeframe:
    25 Days
    $2,050/mth
    Price Cut: $2,150
    1 Bed
    1 Bath
    1 Parking
    659 SQFT

    Listing History

    Details

    Property Type:

    Condo

    Possession Date:

    May 1, 2025

    Lease Term:

    1 Year

    Utilities Included:

    No

    Outdoor Space:

    Balcony

    Furnished:

    No

    Exposure:

    West

    Locker:

    None

    Amenities

    Visitor Parking
    Outdoor Pool
    Gym
    Rec Room
    Sauna
    Security System
    Bike Storage
    BBQs Allowed
    Party Room

    About this Listing

    This 1 bed 1 bath condo is located at 714- 525 New Dundee rd. in Kitchener. Located close to the 401, stone's throw to a small lake and walking trail. Enjoy this 2 year old building and its amenities. Perfect for a couple. Move in May 1 or soon after. Rent is $2150 with a minimum 1 year lease. Working individuals are preferred. *For Additional property Details Click the Brochure Icon Below*

    ici source real asset services inc.MLS® #X12058550

    Fees & Utilities

    Utilities Included

    Rent Includes
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Heat Pump

    Room Dimensions

    Family

    11.48 x 13.12ft
    Renter's Market
    Balanced
    Landlord's Market

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    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

    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

    31
    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

    Market Insights

    Transaction Insights at Flats at Rainbow Lake

    1 Bed2 Bed
    Price Range$2,000 - $2,250$2,450 - $2,750
    Avg. Wait for Unit Availability28 Days25 Days
    Ratio of Units in Building42%45%

    Market Inventory

    Total number of units listed and leased in Doon South