
615 - 525 NEW DUNDEE Road
Kitchener, Ontario
2 bed • 2 bath • Single Family
WELCOME TO THE FLATS AT RAINBOW LAKE! Experience the perfect blend of modern condo living and natural beauty in this spacious 2-bedroom, 2-bathroom suite offering over 1,050 sq. ft. of thoughtfully designed living space. Situated in one of Kitchener's most desirable newer condominium communities, this unit features beautiful elevated views of Rainbow Lake and the surrounding conservation area. The bright open-concept layout seamlessly connects the kitchen, dining, and living areas, creating an inviting space for both everyday living and entertaining. The modern kitchen is complete with stainless steel appliances, ample cabinetry, and plenty of prep space. Step outside to your private balcony and enjoy peaceful views that make this home truly special. The spacious primary bedroom includes a walk-in closet and a private 4-piece ensuite, while the second bedroom and full bathroom provide flexibility for guests, family members, or a home office setup. In-suite laundry adds everyday convenience. Residents enjoy access to an impressive selection of amenities, including a fitness centre, yoga studio with sauna, party room, social lounge, library, and exclusive access to the Rainbow Lake Conservation Area, offering kilometres of scenic trails right at your doorstep. Ideally located just minutes from Highway 401, shopping, restaurants, public transit, and everyday amenities, this is a rare opportunity to enjoy resort-style living while staying connected to everything Kitchener has to offer.
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
- 1,925
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,925 recorded sales of single family properties in Kitchener over the last 12 months.
Location
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