724 - 525 NEW DUNDEE Road
Kitchener, Ontario
2 bed • 2 bath • Single Family
Discover life at Rainbow Lake in this warm and welcoming 2-bedroom, 2-bathroom condo at 525 New Dundee Road. Offering over 1,000 sq ft of comfortable living space, the layout is designed to feel open and connected, with the kitchen, dining, and living areas flowing together seamlessly. The kitchen provides ample storage and modern stainless steel appliances, and both bedrooms offer generous space and large closets to keep things organized. Step out onto your private balcony to start your day with a coffee or wind down in the evening with some fresh air. The building’s amenities make everyday living easy, whether you’re fitting in a workout at the gym, relaxing in the sauna, or gathering with friends in the party room or social lounge. For those who enjoy being outdoors, Rainbow Lake’s scenic trail system is just steps from your door. It’s a peaceful spot for walking, taking in the views, or simply enjoying nature whenever you want a break from the day. Commuters will also appreciate the convenient access to Highway 401, making travel around the region quick and straightforward. A comfortable home, great amenities, and beautiful natural surroundings, this condo brings it all together.
Price History
Schools
Elementary
- Willow River Public School0.5 km
Public · Waterloo Region DSB
- Groh Public School1.4 km
Public · Waterloo Region DSB · 885 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 65% met the provincial standard
- Doon Public School1.6 km
Public · Waterloo Region DSB · 435 students
Secondary
- Huron Heights Secondary School4.4 km
Public · Waterloo Region DSB · 1455 students
Grade 10 literacy: 88% met the provincial standard
- Preston High School4.9 km
Public · Waterloo Region DSB · 855 students
Grade 10 literacy: 77% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2P
- Population
- 25,040
- Private dwellings
- 8,848
- Median age
- 36
- Average household size
- 2.9
- Median household income
- $110,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,924
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,924 recorded sales of single family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$106,726
Estimated Monthly Payment
$2,622
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,622/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $133/mo
Estimates only. Consult a financial advisor.
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