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    Kitchener / Doon South

    520 - 525 New Dundee Rd

    For SaleFlats at Rainbow Lake
    $429,000
    1 Bed
    1 Bath
    1 Parking
    679 SQFT
    36 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $285/mth
    Taxes:
    $0 (2024)
    Cost Per Sqft:
    $632/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    Flexible
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Combined with Dining
    12.24 x 13.32ft
    Living
    12.6 x 12.4ft
    Prim Bdrm
    9.68 x 16.83ft

    About this Listing

    Welcome to Rainbow Lake Retreat! This charming 1-bedroom, 1-bathroom condo at 525 New Dundee Road combines contemporary style with the tranquility of nature. Offering 679 square feet of living space, the open-concept design effortlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere ideal for both relaxation and entertaining. The kitchen is equipped with ample cabinetry and sleek stainless steel appliances, perfect for all your culinary needs. The spacious bedroom features a large closet, with the bathroom conveniently located nearby. Enjoy additional outdoor living on the expansive 87 square-foot balcony. The property boasts a variety of amenities, including a gym, yoga studio with sauna, library, social lounge, party room, and a pet wash station. Located next to Rainbow Lake, you'll have easy access to scenic trails and the serene lakefront. Experience the best of modern living in this beautifully designed condo in Kitchener. Make Rainbow Lake Retreat your new home! **Photos of model unit**

    corcoran horizon realtyMLS® #X11431014

    Amenities

    Visitor Parking
    Gym Room
    Outdoor Pool
    Party Room
    BBQs Allowed
    Sauna

    Explore Neighbourhood

    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    Similar Listings

    Price Trends

    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

    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

    34
    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 Building45%54%

    Transactions vs Inventory

    Total number of units listed and sold in Doon South