413 - 525 NEW DUNDEE Road
Kitchener, Ontario
1 bed • 1 bath • Single Family
Nestled within the sought after Rainbow Lake community in Kitchener, this one bedroom, one bathroom condo at 525 New Dundee Road offers 723 square feet of thoughtfully designed living space that truly feels like home. The open concept layout connects the living, dining, and kitchen areas in a way that feels both spacious and inviting, whether you are settling in after a long day or having friends over for the evening. The kitchen is well appointed with stainless steel appliances and generous cabinet storage that makes everyday living effortless. Step through the balcony door and you are greeted with peaceful views of Rainbow Lake, a backdrop that makes this unit genuinely special. The building itself is packed with amenities that support an active and balanced lifestyle, including a gym, yoga studio, sauna, library, social lounge, party room, and a pet wash station. Residents also enjoy exclusive access to the Rainbow Lake conservation area, where kayaking, canoeing, swimming, and fishing are all right at your doorstep. This is a wonderful opportunity to live surrounded by nature without giving up the comforts and conveniences of a well maintained modern building.
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 School4.4 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
$81,800
Estimated Monthly Payment
$2,009
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,009/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $102/mo
Estimates only. Consult a financial advisor.
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