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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# X12876894Kitchener · N2P 2L1
For SaleCondo Apartment

525 New Dundee Road, Unit 507

$579,000
2 Bed2 Bath1,056 sqft$548/sq ft25d on market
The Flats at Rainbow Lake CondosbyHIP Developments
MLS# X12876894Kitchener · N2P 2L1
For SaleCondo Apartment

525 New Dundee Road, Unit 507

The Flats at Rainbow Lake CondosbyHIP Developments

$579,000

$548/sq ft· Bldg avg $563/sq ft · 25 days on market

Bedrooms
2 Bed
Bathrooms
2 Bath
Size
1,056 sq ftMLS: 900-999
Parking
1 None
Locker
None
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Floor Plan

Match Found

Unit 1702 — 524 sq ft

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Listing History — This Unit

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Mar 12, 2026(28d ago)
For Sale

$579,000

900-999 sqft·25 DOM
CORCORAN HORIZON REALTY·MLS# X12876894
Current
Jan 01, 2024Terminated
$000,000

(Sign-in required)

Listing History — Same Model (Ember)

4 sale listings for this same model in the building

Real estate boards require you to sign in to see sold listing details.
Jan 01, 2024Leased
$000,000

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Jan 01, 2024Leased
$000,000

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Jan 01, 2024Leased
$000,000

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Jan 01, 2024Terminated
$000,000

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About This Listing

Arguably one of the most desirable vantage points at Rainbow Flats, this beautifully styled 2-bedroom, 2-bathroom suite offers peaceful pond and forest views with a spacious balcony that feels like a private extension of the home. Welcome to Suite 507 at 525 New Dundee Road in Kitchener's sought-after Rainbow Flats community. Offering 951 sq. ft. of thoughtfully designed living space, this impeccably maintained condo features a coveted 2-bedroom, 2-bathroom layout with timeless, neutral finishes throughout. The bright open-concept design is both stylish and functional, with clean lines and a magazine-worthy aesthetic. The kitchen features stainless steel appliances, ample cabinetry, and flows seamlessly into the living and dining areas, creating a comfortable setting for both everyday living and entertaining. The spacious private balcony serves as a true extension of the suite, providing a rare vantage point with tranquil views of the pond, surrounding forest, and green space. Positioned on the fifth floor, the suite enjoys an ideal balance of elevation, privacy, and connection to nature. The primary bedroom features a walk-in closet and 3-piece ensuite, while the second bedroom and full bathroom offer flexibility for guests, family, or a home office. Residents enjoy excellent amenities including a fitness centre, yoga studio with sauna, library, social lounge, party room, and pet wash station. With exclusive resident access to the adjacent pond and conservation trails just steps from the building, Rainbow Flats offers a unique cottage life in the city lifestyle while remaining close to everyday conveniences. Beautifully maintained and move-in ready, this is refined, low-maintenance living surrounded by nature.

Amenities

Exercise RoomParty Room/Meeting RoomSauna

Property Details

MLS NumberX12876894
Property TypeCondo Apartment
StyleApartment
Listing TypeFor Sale
StatusActive
Bedrooms2 Bed
Bathrooms2
Size900-999 sq ft
Year Built2023
ExposureEast
Parking Spaces1
Parking TypeNone
LockerNone
Maintenance Fee$438.44/mo
Property Tax$4,206/yr
Days on Market25
Listed2026-03-12
MunicipalityWaterloo
Cross StreetRobert Ferrie Dr/New Dundee Dr
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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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.

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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 5, 2026 at 09:43 p.m.