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413 - 525 New Dundee Road

413 - 525 New Dundee Road

Kitchener, ON

  • 1 bed
  • 1 bath
  • approx. 700-799 sqft
  • Condo Apartment
$409,000Price reduced 3%

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.

Listing Details

Taxes (2025)
$3,514
Originally Listed
$420,000
Listed
June 18, 2026

Price History

Listing history

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Property

Style
Apartment
Age
0-5
Construction
Concrete
Roof
Flat
Interior
Other

Parking

Garage
None
Covered Spaces
0
Total Parking
1

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Homer Watson Blvd
Zoning
COM3 NHC1
Parcel Number
237840277
Possession
60-89 days
Occupancy
Tenant

Condo

Maintenance Fee
$303/month
Fee Includes
Common Elements Included
Pets
Yes-with Restrictions
Locker
None
Balcony
Open
Amenities
Community BBQ, Elevator, Gym, Party Room/Meeting Room, Sauna, Visitor Parking

Included

Inclusions
Dryer, Refrigerator, Stove, Washer

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
1,908
Median days on market
20
Sale-to-list price
101.0%

Based on 1,908 recorded sales of residential condo & other properties in Kitchener over the last 12 months.

Rooms

4-piece

Main

  • Bathroom5'6" x 9'6"
  • Kitchen8'9" x 13'4"
  • Living Room13'7" x 12'6"
  • Primary Bedroom9'10" x 19'

Listed by

CORCORAN HORIZON REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$81,800

Estimated Monthly Payment

$2,009

Land transfer tax

Estimated land transfer tax$4,655

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: $2,009/mo (20% down, 5.5%)

Taxes: $293/mo · Insurance: $102/mo

Maint: $303/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Rainbow Lake. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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