For SaleCondo Apartment

525 New Dundee Road, Unit 322

$469,900
2 Bed2 Bath912 sqft$515/sq ft88d on market
MLS# X13004420Kitchener · N2P 0K8
Bedrooms
2 Bed
Bathrooms
2 Bath
Size
912 sq ftMLS: 900-999
Parking
1 Other
Locker
None

Floor Plan

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About This Listing

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.

Monthly Mortgage (P&I)$2,047
Property Tax (MLS)$237
Maintenance Fees$422
Total Monthly Cost$2,706

Down payment: $93,980 (20.0%) · Mortgage: $375,920

Property tax uses MLS annual tax of $2,844/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberX13004420
Property TypeCondo Apartment
StyleApartment
Listing TypeFor Sale
StatusActive
Bedrooms2 Bed
Bathrooms2
Size900-999 sq ft
Verified Size912 sq ft
Year Built2023
ExposureNorth
Parking Spaces1
Parking TypeOther
LockerNone
Maintenance Fee$421.51/mo
Property Tax$2,843.76/yr
Days on Market88
Listed2026-04-15
MunicipalityWaterloo
Cross StreetNew Dundee Road and Reichert Drive
The Flats at Rainbow Lake Condos

The Flats at Rainbow Lake Condos

Red Bricks Data

by HIP Developments · 525 New Dundee Road

10 Storeys184 SuitesCompleteWalk 4Transit 28

Maint. Fees

0.39

Occupancy

2024

Live MLSFor Sale: 5 · $566/sqftDeveloper: 6 · $748/sqft
SaunaLibraryLobbyBarVisitor ParkingOutdoor KitchenFitness CentreParty Room with Kitchen+9 more
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Listing provided by RE/MAX METROPOLIS REALTY

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Data last updated: August 22, 2026 at 10:25 p.m.