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.
2 bedrooms, 2 bathrooms, about 900 sq ft, works out to roughly $489 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 525 New Dundee Rd #322
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
900-999 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
525 New Dundee Rd #322 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14103810$439,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 525 New Dundee Rd #322 Compares to the Kitchener Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,161
/mo
based on the purchase price of $439,900
$87,980 cash
$351,920 financed
$296,409 total interest
Principal54%$351,920
Interest46%$296,409
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Kitchener
Other 1–2 bed homes for sale in Kitchener around $440K.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio101.0%On average, homes sold at or above asking.
Active listings799Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 743 sales from Jul 24 – Oct 22, 2026 (573 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale · 1 for rent at 525 New Dundee Rd — plus its sale and lease history.
525 New Dundee Rd #322 is listed at $439,900 (MLS® X14103810). Summitly updates the price as soon as the MLS® record changes.
Is $439,900 a good price for 525 New Dundee Rd #322?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Kitchener. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 525 New Dundee Rd #322 changed?
No — 525 New Dundee Rd #322 is still listed at its original asking price of $439,900.
How many bedrooms and bathrooms does 525 New Dundee Rd #322 have?
525 New Dundee Rd #322 has 2 bedrooms and 2 bathrooms, with about 900–999 square feet of living space. It is a condo in Kitchener.
How much would the monthly mortgage be on 525 New Dundee Rd #322?
About $2,161 a month — principal and interest on $439,900 with 20% down ($87,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 525 New Dundee Rd #322 compare with other homes in Kitchener?
Its asking price of $439,900 is about 34% below the median sold price in Kitchener over the last 90 days, $665,000, across 743 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 525 New Dundee Rd #322 been sold before?
Summitly has no earlier MLS® sale or lease of 525 New Dundee Rd #322 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 525 New Dundee Rd #322?
525 New Dundee Rd #322 is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 525 New Dundee Rd #322 been on the market?
1 day — 525 New Dundee Rd #322 was listed on October 21, 2026.
What is the price per square foot of 525 New Dundee Rd #322?
About $440 to $489 per square foot: the asking price of $439,900 over the 900–999 sq ft the listing gives as its size range.
Does 525 New Dundee Rd #322 have parking or a garage?
Yes — the listing gives 1 parking space.
Does 525 New Dundee Rd #322 have a basement, and is it finished?
The listing says 525 New Dundee Rd #322 has no basement.
