206 - 525 NEW DUNDEE Road
Kitchener, Ontario
2 bed • 1 bath • Single Family
Welcome to Unit 206 at The Flats at Rainbow Lake! This bright and modern 1 Bedroom + Den, 1 Bath condo features an open-concept kitchen, dining, and living area - perfect for relaxing or entertaining. Enjoy your own private balcony and the convenience of in-suite laundry. Residents enjoy access to a wide range of building amenities including an exercise room, sauna, and party room. Just steps away from Rainbow Lake, you can enjoy outdoor living all year round!
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
- 1,923
- 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
$80,800
Estimated Monthly Payment
$1,985
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,985/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $101/mo
Estimates only. Consult a financial advisor.
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