Unknown for 525 New Dundee Rd #401, Kitchener Ontario N2P 0K8
3 days on Market

525 New Dundee Rd #401, Kitchener, Ontario N2P 0K8

In the same building:
-
Condo
2
2
~1055 sqft
$679,900
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Condo
2
2
~1055 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$644/sqft

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Description

Welcome to The Flats at Rainbow Lake, Unit #401, a highly sought after corner unit with incredible views of mature pine trees/protected land. Country/city urban living vibe. You'll enjoy extra sunlight, added privacy, and a quiet location within the building. Spacious 2 bedroom, 2 bathroom home offers a smart split-bedroom layout, placing the bedrooms on opposite sides of unit for maximum privacy-perfect for guests, roommates or a dedicated home office. Thinking of downsizing? Tired of paying rent? This bedroom layout is perfect opportunity for co-ownership with a friend, relative, parent. The bright, open-concept kitchen area flows effortlessly into the living room/dining room area, sliding doors out to covered balcony. It's the perfect place to relax and unwind while enjoying breathtaking sunsets. Upgrades include quartz countertops, kitchen "long island" seats 4, pot lights and dimmers switches throughout, under cabinet lighting, all closets and storage by Closets by Design, custom sliding door blinds, solid wood kitchen slider drawers. The unit is close walking distance to the elevators, and fire escape stairwell is steps from the front door. Residents enjoy an impressive list of amenities, including a fully equipped gym, yoga studio, sauna, games room with pool table and darts, library with cozy study booths, dog washing station, social meeting tables and inviting lounge areas, party room (rental fee) bike storage room, incoming and outgoing mail room, parcel delivery room, organized resident social groups and events. This building is pet friendly with restrictions. Step outside and enjoy scenic walking trail around the building. The country living feel all while enjoying the convenience of quick access to Highway #401 and the convenience of Kitchener's amenities just a short drive away. Whether you're downsizing, investing, or simply looking for a peaceful, maintenance-free living with a strong sense of community, this unit checks all the boxes!


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~1055 SqFt
Lot Size-
Parking Spaces1
MLS ®Number40746990
Community NameDoon South
Data SourceITSO
Listing byRE/MAX TWIN CITY REALTY INC., BROKERAGE

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air

Main Floor

Dining Room

2.11 x 3.51

Kitchen

4.01 x 3.12

Living Room

3.07 x 3.51

Bedroom

3.07 x 3.81


Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Amenities

Barbecue, Elevator(s), Fitness Center, Game Room, Library, Party Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jul 3, 2025
ListedActive
$679,900
3 days on market
history photo preview50
Listing by itso®

Market Data - Doon South

Geo Zone Map ThumbnailDoon South

Balanced Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

10 days

Compared to

2024

0 day

2023

0 day

2022

0 day

New Listings

Past 30 days

4 listings

Compared to

2024

4 listings

2023

2 listings

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

$495,000

Compared to


Population and Demographics

Overview

Total population 13235
Average household income $160,126

Age (%)

0 to 19
31%
20 to 34
20%
35 to 49
25%
50 to 64
16%
65 and plus
8%

Household composition (%)

Single family
85%
Single person
11%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
68%
Punjabi (Panjabi)
10%
Mandarin
3%
Arabic
3%
Romanian
2%
Urdu
2%
Portuguese
2%
Spanish
2%
Gujarati
2%
Others
1%

House tenancy (%)

Owners
86%
Renters
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget