525 New Dundee Road, #625
Kitchener, Waterloo ON N2P 0K8
$2,500
Welcome to The Flats at Rainbow Lake — a condo community nestled in the serene and family friendly Doon South neighbourhood of Kitchener. This spacious 2-bedroom, 2-bathroom suite offers over 1,065 sq ft of well-designed living space, plus a private balcony with tranquil treetop views, and ONE PARKING SPOT. Enjoy the comfort of modern living with in-suite laundry, a large in-unit storage room, generous closet space, and large windows that bring in natural light and leafy views. EV parking is available in the lot, adding convenience for eco-conscious residents. The building is filled with hotel-inspired amenities: entertain in the stylish party room, unwind in the sauna or yoga studio, work from the bright co-working spaces, or relax on the patio with BBQs and lounge seating. There’s even a fitness room, library, and an outdoor playground — all designed with quality, comfort and functionality in mind. Located steps from the scenic Rainbow Lake, residents can enjoy peaceful walks and nature just outside the door. With quick access to Hwy 401, Conestoga College, and local schools, this home is ideal for a small family, downsizing couple, or anyone seeking quiet, upscale living in a calm setting.
| List Price: | $2,500 |
|---|---|
| Property Sub Type: | Condo/Apt Unit |
| Bedrooms Total: | 2 |
| Waterfront?: | No |
| County Or Parish: | Waterloo |
| Year Built: | 2023 |
| Appliances: | Instant Hot Water, Water Softener, Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer |
| Lot Features: | Urban, Highway Access, Industrial Park, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby |
| State Or Province: | ON |
| Directions: | Hwy 401 to Homer Watson Exit to New Dundee Road. |
| Foundation Details: | Poured Concrete |
| Building Area Total: | 1,065 |
| Above Grade Finished Area Units: | Square Feet |
| Open Parking?: | Yes |
| Parcel Number: | 237840341 |
| Property Attached?: | Yes |
| Sewer: | Sewer (Municipal) |
| Waterfront Features: | Lake Privileges, Lake/Pond |
| Lease Term: | 12 Months |
| View: | Pond, Trees/Woods |
| Farm Land Area Units: | Square Feet |
| Frontage Type: | South |
| MLS Area Minor: | 335 - Pioneer Park/Doon/Wyldwoods |
| Main Level Bathrooms: | 2 |
| Other Equipment: | Intercom |
| Room Kitchen Level: | Main |
| Tenant Pays: | Hydro, Internet, Water |
| Above Grade Finished Area: | 1,065 |
| Direction Faces: | East |
| Age Electric: | 3 |
| Age Plumbing: | 3 |
| Baths Total Rooms: | 2 |
| Condo Corporation Yn: | Yes |
| Garage Spaces Description: | surface |
| Kitchens Above Grade: | 1 |
| Kitchens Total: | 1 |
| Lease Requirement: | Credit Check, Deposit, INCOME VERIFICATION, Lease Agreement, Non-Smoking Policy, Rental Application |
| Number Of 4 Piece Bathrooms: | 1 |
| Property Management Company: | Wilson Blanchard |
| Open Parking Spaces: | 1 |
| Topography: | Flat, Wetlands, Wooded/Treed |
| Exterior Features: | Backs on Greenbelt, Balcony, Controlled Entry, Landscaped, Lighting |
| Association?: | Yes |
| Rooms Total: | 6 |
| Portion Of Property For LeaseItso Portion Of Property For Lease: | Main |
| Listing ID: | 40870144 |
|---|---|
| Property Type: | Residential Lease |
| Status: | Active |
| Bathrooms Full: | 2 |
| Living Area Sqft: | 1,065 |
| Architectural Style: | Apartment |
| City: | Kitchener |
| Postal Code: | N2P 0K8 |
| Cooling: | Central Air, Energy Efficient |
| Heating: | Forced Air, Natural Gas |
| Status: | Active |
| Water Source: | Municipal-Metered |
| Roof: | Flat |
| Laundry Features: | In-Suite, Laundry Closet |
| Construction Materials: | Concrete |
| Listing Contract Date: | 2026-10-09 |
| Heating?: | Yes |
| Bathrooms Total Integer: | 2 |
| Basement: | false |
| Building Area Source: | Plans |
| Interior Features: | High Speed Internet, Air Exchanger, Elevator, Sauna, Separate Heating Controls, Ventilation System |
| Living Area Units: | Square Feet |
| Below Grade Finished Area Units: | Square Feet |
| MLS Area Major: | 3 - Kitchener West |
| Other Structures: | Playground, Sauna |
| Patio And Porch Features: | Open, Deck |
| Utilities: | Cell Service, Street Lights |
| Zoning: | COM3 NHC1 |
| Elementary School: | Groh Ps, St. Timothy's |
| High School: | Huron Heights |
| Stories Total: | 1 |
| Year Built Source: | Builder |
| Building Name: | The Flats At Rainbow Lake |
| Existing Lease Type: | Per Month |
| Uffi: | No |
| Main Level Bedrooms: | 2 |
| Parking Total: | 1 |
| Pets Allowed: | Restricted |
| Security Features: | Carbon Monoxide Detector, Carbon Monoxide Detector(s), Monitored, Smoke Detector(s) |
| View?: | Yes |
| Year Built Details: | Completed / New |
| Furnished: | Unfurnished |
| Age Furnace: | 3 |
| Age Tank: | 3 |
| Beds Above Grade: | 2 |
| Buy Option Yn: | Yes |
| Condo Corporation Number: | 784 |
| Current Price: | 2,500 |
| Driveway Parking: | Outside/Surface/Open |
| Holdover Days: | 60 |
| Lease Term Remarks: | 1 year minimum |
| Number Of Rooms Above Grade: | 6 |
| Property Attached: | Attached |
| Property Management Contact: | Garrett |
| Ratio Current Price By Above Gra: | 2.34742 |
| Water Meter Yn: | Yes |
| Inclusions: | Built-in Microwave, Carbon Monoxide Detector, Dishwasher, Dryer, Refrigerator, Stove, Washer |
| New Construction?: | Yes |
| Owner Pays: | Insurance, Building Maintenance, Common Elements, Exterior Maintenance, Taxes |
| Association Amenities: | Barbecue, Elevator(s), Fitness Center, Game Room, Industrial Water Softener, Library, Party Room, Sauna, Parking |
| Association Fee 2 Frequency: | Monthly |
| Association Fee Includes: | Insurance, Building Maintenance, Maintenance Grounds |
| Property Condition: | 0-5 Years, New Construction |
Listing Courtesy of: RE/MAX Escarpment Realty Inc.
Listing Agent: Rachel Martin
Walkscore
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Information Technology Systems Ontario data last updated on October 10, 2026 03:50 AM - ET.
Property Last Updated: October 10, 2026 03:50 AM - ET
