720 - 525 NEW DUNDEE Road
Kitchener, Ontario
1 bed • 1 bath • Single Family
Welcome to Unit 720 at The Flats at Rainbow Lake—a beautifully designed 1 bedroom, 1 bathroom condo that offers the perfect blend of modern comfort and natural serenity. This bright, open concept unit features a spacious kitchen, dining, and living area, ideal for everyday living and entertaining. The kitchen boasts sleek, modern appliances and contemporary finishes, while large windows flood the space with natural light. The bedroom includes a built-in closet and private access to the bathroom, creating a seamless and functional layout. This is the perfect home for those who want to live away from the hustle of the city, yet stay close enough to enjoy all its conveniences. Residents enjoy year-round access to Rainbow Lake: swim, fish, or canoe in the summer, and skate or ice fish during the winter months. Plus, the building offers a wide range of amenities to support an active and balanced lifestyle. Live where modern living meets nature—don't miss your chance to call this peaceful retreat home.
Price History
Schools
Elementary
- Willow River Public School0.5 km
Public · Waterloo Region DSB
- Groh Public School1.4 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 School4.4 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
- 1,931
- 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.