For Sale

525 New Dundee Road Unit# 507, Kitchener, Ontario N2P 2L1

$579,000

525 New Dundee Road Unit# 507, Kitchener, Ontario N2P 2L1 is For Sale and has a listing price of 579,000. The property is located in the Doon South neighbourhood . It's been on the website for 8 Days.

  • 2
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: X12876894
  • Office Name CORCORAN HORIZON REALTY
Property Description

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.

Property Details
  • Bedrooms: 2
  • MLS ID: X12876894
  • Bathrooms: 2
  • Price: $579,000
  • Transaction Types: For Sale
  • Ref ID: X12876894
  • Year Built: N/A
  • Approx Sqft: 900-999
  • Dir / Cross St: Robert Ferrie Dr/New Dundee Dr
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 0-5
  • Property Type: Condo
  • Property Sub Category: Condo
Price History
List Date MLS ID List Price Status End Date Closed Price
03/12/2026 X12876894 $579,000 For Sale - -
03/04/2024 40549183 $2,900 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Doon South
  • $1,190,877 Average List Price
    based on 1 year
  • 54 New Listings
    based on 30 days
  • 41 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.58 % Up
  • Sold (12mo) 90
  • Rented (12mo) 53

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    84.87%
  • Commercial
    2.09%
  • Condo
    13.04%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Apartment
  • Washroom Type1: 1
  • BuildingAmenities Exercise room, Sauna
  • Garage Type Y
  • Parking Spaces: 1
  • Exterior Concrete
  • Kitchen Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 2: 1
  • Taxes: $4,206
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 12/03/2026 17:26:15
  • Laundry Access: Ensuite
  • Condo Registry Office: WSCP
  • Locker: None
  • Property Mgmt Co: Weigel Prop Mgmt
  • Condo Corp#: 784
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