322 - 525 New Dundee Road
Kitchener, ON
- 2 bed
- 2 bath
- approx. 900-999 sqft
- Condo Apartment
- 146 days on market
Welcome to the Flats at Rainbow Lake! Nestled in nature, this brand-new, beautifully built residence offers a variety of amenities, including a yoga studio with sauna, a fitness center, a party room, a social lounge, a library, and a pet wash station. Residents enjoy private access to the Rainbow Lake Conservation Area. The building is ideally situated near local shops, dining, recreational venues, and Highway 401 for added convenience.This 912 sq ft unit includes 2 bedrooms and 2 bathrooms. The spacious primary bedroom features an ensuite with a large walk-in shower, while the second bedroom offers a built-in wardrobe. The open-concept kitchen, dining, and living areas are perfect for entertaining and relaxing, complete with stainless steel Samsung appliances. Step out onto the generous 92 sq ft balcony and enjoy the surrounding peace and serenity. Dont miss the opportunity to make this exceptional building your new home.
Listing Details
- Taxes (2025)
- $2,844
- Listed
- April 15, 2026
Price History
Listing history
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Property
- Style
- Apartment
- Age
- 0-5
- Construction
- Concrete Block
- Interior
- None
Parking
- Garage
- Other
- Covered Spaces
- 0
- Total Parking
- 1
Utilities
- Heat Source
- Electric
Location & Legal
- Cross Street
- New Dundee Road and Reichert Drive
- Parcel Number
- 237840260
- Possession
- Immediate
- Occupancy
- Partial
Condo
- Maintenance Fee
- $422/month
- Fee Includes
- None
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- Terrace
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
Residential Condo & Other in Kitchener · last 12 months
- Median sold price
- $663,250
- Homes sold
- 1,920
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,920 recorded sales of residential condo & other properties in Kitchener over the last 12 months.
Rooms
2 × 3-piece on Flat
Second
- Bedroom10'10" x 10'6"
Main
- Bedroom10'10" x 9'7"
Listed by
RE/MAX METROPOLIS REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$93,980
Estimated Monthly Payment
$2,308
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,308/mo (20% down, 5.5%)
Taxes: $237/mo · Insurance: $117/mo
Maint: $422/mo
Estimates only. Consult a financial advisor.
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