$2,400/mo
For rent: Apartment

Welcome to Rainbow Lake Retreat, a peaceful sanctuary! This 2 bedroom, 2 bathroom condo is now available for lease and has a perfect combination of style, comfort, and natural beauty. This suite, which is located at 525 New Dundee Road, features 1004 square feet of living space that has been carefully planned to provide an elegant and convenient lifestyle. The living, dining, and kitchen spaces are all open to one another in a seamless concept that creates a large, cozy space that's perfect for relaxing and socializing with guests. The well-equipped kitchen has plenty of cabinet space and contemporary stainless steel appliances to meet and exceed your culinary needs. Step outside onto the large balcony from your living room and take in the breathtaking views of Rainbow Lake! Both bedrooms feature large closets, and the master suite features a 3piece ensuite. This outstanding property boasts an array of amenities such as a gym, yoga studio with sauna, library, social lounge, party room, pet wash station, and access to the Rainbow Lake conservation area. Don't miss the chance to reside in this prime locale, offering serenity, contemporary living, and exciting facilities. Make this exceptional condominium your next residence in Kitchener at Rainbow Lake!
Sold data
Apartment homes in Kitchener took a median of 51 days to sell over the last 90 days, with the quickest quarter selling within 25 days and the slowest quarter taking more than 85, across 53 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 92 days.
The median sale price was $325,000.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 53 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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