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204 - 525 NEW DUNDEE Road

204 - 525 NEW DUNDEE Road

Kitchener

2 bed • Single Family

$499,000

Welcome to Rainbow Lake Retreat, a quiet and comfortable place to call home. This two bedroom, two bathroom condo at 525 New Dundee Road offers 912 square feet of well laid out living space that’s easy to enjoy day to day. The open concept design connects the kitchen, dining, and living areas, making the space feel bright and functional whether you’re relaxing or having people over. The kitchen includes stainless steel appliances, plenty of cabinet space, and a practical layout that just works. Both bedrooms are a good size with ample closet space, and the primary bedroom features its own three piece ensuite for added privacy. The balcony is a great bonus, giving you extra room to unwind, have your morning coffee, or set up a small outdoor space that suits your lifestyle. The building itself has a lot to offer, including a gym, yoga studio with sauna, library, party room, social lounge, and even a pet wash station. One of the standout features here is the location. Backing onto the conservation area around Rainbow Lake, you’ll have easy access to walking trails, water views, and a peaceful natural setting right outside your door. Conveniently located just minutes from Highway 401, shopping, restaurants, and everyday amenities, this condo offers the perfect balance of nature and accessibility. Whether you’re a first-time buyer, downsizer, or investor, this is a great opportunity to enjoy low-maintenance living in a well-managed building in a desirable setting.

Price History

Schools

Elementary

  • Willow River Public School0.5 km

    Public · Waterloo Region DSB

  • Groh Public School1.5 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 School1.5 km

    Public · Waterloo Region DSB · 435 students

Secondary

  • Huron Heights Secondary School4.5 km

    Public · Waterloo Region DSB · 1455 students

    Grade 10 literacy: 88% met the provincial standard

  • Preston High School4.8 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
1,923
Median days on market
20
Sale-to-list price
101.0%

Based on 1,923 recorded sales of single family properties in Kitchener over the last 12 months.

Location

Mortgage Calculator

$99,800

Estimated Monthly Payment

$2,451

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,451/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $125/mo

Estimates only. Consult a financial advisor.

R

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