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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 10 days

    Unit 525 — 525 New Dundee Road

    Kitchener, ON·N2P 0K8·Near Robert Ferrie

    • 2 beds
    • 2 baths
    Kitchener real estate›X13437436
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    4 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Sat, Jun 27
      2026-06-27T16:00:00.000-00:00 – 2026-06-27T18:00:00.000-00:00
      Public
    • Open house
      Sat, Jul 4
      2026-07-04T16:00:00.000-00:00 – 2026-07-04T18:00:00.000-00:00
      Public
    Overview

    What this listing tells us

    Property description

    Welcome to Rainbow Lake! This inviting 2-bedroom, 2-bathroom condo at 525 New Dundee Road offers a comfortable blend of modern living and natural surroundings. With over 1,000 sq ft of space, the open-concept layout flows easily from the kitchen to the dining and living areas, making it a great place to relax or spend time with friends. The kitchen has plenty of cabinet space and modern stainless steel appliances, and both bedrooms are generously sized with large closets for extra storage. Your private balcony is perfect for morning coffee, a quiet evening break, or simply taking in some fresh air. The building also has a great mix of amenities to fit your daily routine - get a workout in at the gym, unwind in the sauna, or host gatherings in the party room or social lounge. If you love the outdoors, you're steps from the walking trails around Rainbow Lake, where you can enjoy peaceful views, nature walks, and time outside whenever you need it. And for commuters, the quick access to Highway 401 makes getting around the region simple and stress-free. This condo offers comfort, convenience, and a beautiful natural setting all in one place!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 11, 2026ListedCurrentFor sale$551,000 —X13437436This page
    Jan 16, 2026Previously listedExp$551,327 —X12703786View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 525 — 525 New Dundee Road
    What's nearby

    Points of interest classified by the MLS® feed.

    • Greenbelt/Conservation
    • Lake/Pond
    • School
    • Public Transit
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,707
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $375
    0.82% mill rate · ON
    The market

    How this home sits in the Kitchener market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Kitchener market right now

    Average sold price, days on market, and closed-transaction count for Kitchener — sourced from MLS®.

    • Avg sold price
      $696,331
      Last 30 days
    • Median sold price
      $675,000
      Middle of the market
    • Days on market
      25 d
      Avg from list to close
    • Closed last 30d
      553
      MLS® transactions
    Full Kitchener market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 525 — 525 New Dundee Road — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 525 — 525 New Dundee Road and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 525 — 525 New Dundee Road listed for?

      Unit 525 — 525 New Dundee Road is listed at $551,000 on the MLS® (listing X13437436). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 525 — 525 New Dundee Road have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 1000-1199 sqft
  2. Condo Apartment
  3. Built 0-5
  4. Asking
    $551,000
    $0 / sqft · MLS® X13437436
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $508,322
    $467,656Confidence range$548,987
    Asking vs estimate
    ↑above
    +$42,678
    (+8.4%)
    Asking is above estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Kitchener sell in about 25 days — this one has been listed 10 days.

    Avg sold price
    $696,331
    Median sold
    $675,000
    Avg days on market
    25
    Recently sold
    553
    See comparable sales
    Open house
    Sat, Jul 11
    2026-07-11T16:00:00.000-00:00 – 2026-07-11T18:00:00.000-00:00
    Public
  6. Open house
    Sat, Jul 18
    2026-07-18T16:00:00.000-00:00 – 2026-07-18T18:00:00.000-00:00
    Public
  7. With over 1,000 sq ft of space, the open-concept layout flows easily from the kitchen to the dining and living areas, making it a great place to relax or spend time with friends.
  8. The kitchen has plenty of cabinet space and modern stainless steel appliances, and both bedrooms are generously sized with large closets for extra storage.
  9. Your private balcony is perfect for morning coffee, a quiet evening break, or simply taking in some fresh air.
  10. If you love the outdoors, you're steps from the walking trails around Rainbow Lake, where you can enjoy peaceful views, nature walks, and time outside whenever you need it.
  11. Ask Zara a follow-up

    Parking & garage

    3
    Garage
    None
    Parking spaces
    1
    Driveway
    1
  12. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    6
    Elevator
    Y
  13. Exterior & construction

    5
    Exterior
    Concrete Poured
    Roof
    Flat
    Foundation
    Poured Concrete
    Patio
    Open
    Balcony
    Open
  14. Lot & land

    2
    Year built
    0-5
    Zoning
    COM3 NHC1
  15. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    1 Storey/Apt
    Property class
    Condo Apartment
  16. Room-by-room · 1 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    1 room
    • Kitchen
      Combined w/Dining
      12.7 × 10.7 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $480
    per month
    Building details
    • Unit25
    • Storeys (building)5
    • ExposureWest
    • LockerNone
    • Parking typeSurface
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpWSCP
    • Corp #784
    • Property managerWeigel Property Management
    Building amenities
    • Elevator
    • Exercise Room
    • Party Room/Meeting Room
    • Sauna
  17. Lake Access
  18. Wooded/Treed
  19. Combined estimate
    $3,082
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,707
    /mo
    based on the purchase price of $551,000
    $110,200 cash
    $440,800 financed
    $371,269 total interest
    Monthly payment$2,707/ month
    Principal54%$440,800
    Interest46%$371,269

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Kitchener

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 85 Duke Street
      Sold
      Sign in for price
      85 Duke Street
      Condo Apartment
    • 15 Prince Albert Boulevard
      Sold
      Sign in for price
      15 Prince Albert Boulevard
      Condo Apartment
    • 60 Frederick Street
      Sold
      Sign in for price
      60 Frederick Street
      Condo Apartment
    • 565 GREENFIELD Avenue
      Sold
      Sign in for price
      565 GREENFIELD Avenue
      Condo Apartment
    • 108 Garment Street
      Sold
      Sign in for price
      108 Garment Street
      Condo Apartment
    • 60 Charles Street
      Sold
      Sign in for price
      60 Charles Street
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 525 — 525 New Dundee RoadThis home2 / 210,001,199$551,000ask———
    85 Duke Street2 / 2900—
    15 Prince Albert Boulevard1 / 2600—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Kitchener

    Active listings within ±20% of this asking price.

    • 1333 Weber Street
      $530,000
      1333 Weber Street
      Condo Apartment 1 1
    • 50 Bryan Court
      $459,000
      50 Bryan Court
      Condo Apartment 2 2
    • 60 Frederick Street
      $529,000
      60 Frederick Street
      Condo Apartment 2 2
    • 104 Garment Street
      $479,900
      104 Garment Street
      Condo Apartment 2 1
    • 15 Wellington Street
      $499,900
      15 Wellington Street
      Condo Apartment 2 1
    • 741 King Street
      $479,000
      741 King Street
      Condo Apartment 2 1
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  20. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  21. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  22. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  23. Public listing courtesy of CORCORAN HORIZON REALTY · displayed on Summitly per MLS® data-share rules

    Unit 525 — 525 New Dundee Road is a 2-bedroom, 2-bath, 1000-1199 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  24. When was Unit 525 — 525 New Dundee Road built?

    Unit 525 — 525 New Dundee Road was built in 0-5. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  25. What is the property tax for Unit 525 — 525 New Dundee Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 525 — 525 New Dundee Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  26. How much would the monthly mortgage be on Unit 525 — 525 New Dundee Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $551,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  27. Has Unit 525 — 525 New Dundee Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 525 — 525 New Dundee Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  28. What neighbourhood is Unit 525 — 525 New Dundee Road in?

    Unit 525 — 525 New Dundee Road is in Kitchener, Kitchener. The 'Neighbourhood' section below links to the live Kitchener real estate hub with average sold price, days on market, and current inventory.

  29. Is Kitchener a good place to live?

    Kitchener is one of ON's actively-tracked Summitly markets. The full Kitchener real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  30. 60 Frederick Street
    1 / 1
    500
    —
    565 GREENFIELD Avenue2 / 1600—
    108 Garment Street1 / 1500—
    60 Charles Street2 / 2800—