616 - 525 NEW DUNDEE Road
Kitchener, Ontario
1 bed • 1 bath • Single Family
Welcome to 616-525 New Dundee Rd! Nestled alongside Rainbow Lake in Kitchener, this 1-bedroom, 1-bathroom condo offers 654 sq ft of thoughtfully designed living space with direct access to the Rainbow Lake Conservation Area right at your doorstep. The open-concept layout flows effortlessly between the living and dining areas, filling the space with natural light and a sense of openness that just feels good to come home to. The kitchen features stainless steel appliances, a functional island, and generous cabinet storage - everything you need to cook, gather, and settle in. Step out onto your balcony and take in the peaceful lakeside surroundings, a genuinely rare feature for everyday condo living. In-suite laundry and a large bedroom closet round out the practical side of things nicely. The building amenities are a real highlight here - residents enjoy access to a gym, yoga studio, sauna, library, social lounge, party room, and a pet wash station. Whether you are looking for an active lifestyle, a quiet retreat, or something in between, this community genuinely delivers. Rainbow Lake is waiting!
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 School1.6 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
- 1,928
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,928 recorded sales of single family properties in Kitchener over the last 12 months.
Location
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