508 - 525 NEW DUNDEE Road
Kitchener, Ontario
2 bed • 1 bath • Single Family
Looking for the perfect cottage lifestyle without leaving the city? Welcome to The Flats at Rainbow Lake, where every day feels like a retreat. This exceptional community offers the perfect balance of relaxation, recreation, and convenience, making home a place you'll truly look forward to. The building is designed to enhance your lifestyle with outstanding amenities, including an indoor sauna, a spacious fitness centre, a beautiful games room and entertaining kitchen available to rent for private events, and an outdoor BBQ area surrounded by peaceful forest views. When you're ready for a little adventure, simply stroll through the scenic forest trails to Rainbow Lake, where you can kayak, unwind by the water, or simply immerse yourself in nature. That same sense of tranquility continues throughout the building, with elegant, calming interiors that create a true feeling of serenity. Suite 508 is a natural extension of this lifestyle. The thoughtfully designed kitchen features a large island with seating for two and opens seamlessly into the spacious living area. The generous den offers incredible flexibility, making it ideal for a home office, dining area, playroom, or whatever best suits your lifestyle. The bedroom easily accommodates a king size bed while still leaving plenty of room for additional furniture. The bathroom includes a large walk-in shower and expansive linen shelving to keep everything organized. You'll also appreciate the oversized in-suite storage room with laundry, providing exceptional space for seasonal items, sporting equipment, and everyday storage, eliminating the need for additional storage elsewhere. This spacious 1 bedroom plus den suite offers comfort, functionality, and the perfect place to recharge after enjoying everything this incredible community has to offer. The unit also includes one owned parking space. Located just minutes from Highway 401, you'll enjoy effortless commuting while being surrounded by nature, a rare combination!
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 School4.8 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
- 1,931
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,931 recorded sales of single family properties in Kitchener over the last 12 months.
Location
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