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525 NEW DUNDEE Road Unit# 525, Kitchener — listed at $551,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 4pc Ensuite bath | Main level | — |
| Bedroom | Main level | 15'6'' x 11'7'' |
| Primary Bedroom | Main level | 13'1'' x 11'5'' |
| Living room | Main level | 14'2'' x 12'0'' |
| Kitchen | Main level | 12'9'' x 16'8'' |
| 4pc Bathroom | Main level | — |
What do the condo/maintenance fees cover?+
The $474/mo fee covers: Landscaping.
Who is 525 NEW DUNDEE Road Unit# 525 best suited for?+
With 2 bedrooms and 2 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What's the parking situation?+
This property includes 1 space — Open.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,504, a condo/maintenance fee of $474/mo, heating is forced air. Always verify the latest figures with your agent before making an offer — these change yearly.
Is this a good starter home?+
At $551,000, this is priced in starter-home territory for Kitchener. With multiple bedrooms, it has room to grow into. Factor in condo fees when calculating your true monthly cost.
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