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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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MLS# X12939756Kitchener · N2P 0K8
For SaleCondo Apartment

525 New Dundee Road, Unit 204

$499,000
2 Bed2 Bath912 sqft$547/sq ft9d on market
The Flats at Rainbow Lake CondosbyHIP Developments
MLS# X12939756Kitchener · N2P 0K8
For SaleCondo Apartment

525 New Dundee Road, Unit 204

The Flats at Rainbow Lake CondosbyHIP Developments

$499,000

$547/sq ft· Bldg avg $563/sq ft · 9 days on market

Bedrooms
2 Bed
Bathrooms
2 Bath
Size
912 sq ftMLS: 900-999
Parking
1 None
Locker
None
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Floor Plan

Match Found

Unit 1702 — 524 sq ft

We matched this unit to a floor plan

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Listing History — This Unit

Mar 31, 2026(9d ago)
For Sale

$499,000

900-999 sqft·9 DOM
CORCORAN HORIZON REALTY·MLS# X12939756
Current
Jan 01, 2024Expired
$000,000

(Sign-in required)

Listing History — Same Model (Heartwood)

15 sale listings for this same model in the building

Real estate boards require you to sign in to see sold listing details.
Mar 23, 2026(17d ago)·Unit 612
For Lease

$2,450

912 sqft900-999 sqft·17 DOM·East
ROYAL LEPAGE SIGNATURE REALTY·MLS# X12912474
View →
Mar 12, 2026(28d ago)·Unit 507
For Sale

$579,000

912 sqft900-999 sqft·25 DOM·East
CORCORAN HORIZON REALTY·MLS# X12876894
View →
Jan 01, 2024Leased
$000,000

(Sign-in required)

Feb 03, 2026(2mo ago)·Unit 612
For Lease

$2,600

912 sqft900-999 sqft·40 DOM·East
ROYAL LEPAGE SIGNATURE REALTY·MLS# X12752534
View →
Jan 16, 2026(2mo ago)·Unit 525
For Sale

$599,000

1,000 sqft1000-1199 sqft·83 DOM·West
CORCORAN HORIZON REALTY·MLS# X12703786
View →

About This Listing

Welcome to Rainbow Lake Retreat, a quiet and comfortable place to call home. This two bedroom, two bathroom condo at 525 New Dundee Road offers 912 square feet of well laid out living space that's easy to enjoy day to day. The open concept design connects the kitchen, dining, and living areas, making the space feel bright and functional whether you're relaxing or having people over. The kitchen includes stainless steel appliances, plenty of cabinet space, and a practical layout that just works. Both bedrooms are a good size with ample closet space, and the primary bedroom features its own three piece ensuite for added privacy. The balcony is a great bonus, giving you extra room to unwind, have your morning coffee, or set up a small outdoor space that suits your lifestyle. The building itself has a lot to offer, including a gym, yoga studio with sauna, library, party room, social lounge, and even a pet wash station. One of the standout features here is the location. Backing onto the conservation area around Rainbow Lake, you'll have easy access to walking trails, water views, and a peaceful natural setting right outside your door. Conveniently located just minutes from Highway 401, shopping, restaurants, and everyday amenities, this condo offers the perfect balance of nature and accessibility. Whether you're a first-time buyer, downsizer, or investor, this is a great opportunity to enjoy low-maintenance living in a well-managed building in a desirable setting.

Amenities

Party Room/Meeting RoomSaunaVisitor ParkingExercise Room

Property Details

MLS NumberX12939756
Property TypeCondo Apartment
StyleApartment
Listing TypeFor Sale
StatusActive
Bedrooms2 Bed
Bathrooms2
Size900-999 sq ft
Year Built2023
ExposureWest
Parking Spaces1
Parking TypeNone
LockerNone
Maintenance Fee$384.04/mo
Property Tax$4,037/yr
Days on Market9
Listed2026-03-31
MunicipalityWaterloo
Cross StreetRobert Ferrie Drive / New Dundee Road
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: 11 · $563/sqftFor Rent: 4 · $2.63/sqftDeveloper: 6 · $748/sqft
SaunaLibraryLobbyBarVisitor ParkingOutdoor KitchenFitness CentreParty Room with Kitchen+9 more
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Location & Scores

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Floor Plan

Match Found

Unit 1702 — 524 sq ft

We matched this unit to a floor plan

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Builder Documents

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Interested in 525 New Dundee Road, Unit 204? Schedule a showing or ask a question.

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April 2026

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Listing provided by CORCORAN HORIZON REALTY

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

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MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 8, 2026 at 03:41 a.m.