425 - 525 NEW DUNDEE ROAD, Kitchener

$2,500/mo

For rent: Apartment

Apartment at 425 - 525 NEW DUNDEE ROAD, Kitchener
Property type
Common Element Condo
Bedrooms / bathrooms
2 bedrooms, 1 bathroom
Living area
1,199 sqft
MLS®
MLS® X14128198

Modern 2-Bedroom Condo at Rainbow Lake - Kitchener. Welcome to The Flats at Rainbow Lake, located in the desirable Doon South community of Kitchener! This well-designed 2-bedroom, 1-bathroom condo offers comfortable, modern living in a fantastic location. Featuring a functional layout with an open-concept living and dining area, this unit is ideal for professionals, couples, small families, or those looking for additional space to work from home. Residents can enjoy an impressive range of building amenities, including a fitness centre, yoga studio, sauna, social lounge, party room, library, and pet wash station. Enjoy the added appeal of nearby Rainbow Lake Conservation Area, scenic walking trails, parks, and green spaces. Conveniently located close to shopping, restaurants, public transit, Conestoga College, and Highway 401, this property offers an excellent combination of convenience, lifestyle, and access to nature. Don't miss this opportunity to lease in one of Kitchener's sought-after condominium communities!

Sold data

Apartment homes in Kitchener — recent sold market

Apartment homes in Kitchener took a median of 45 days to sell over the last 90 days, with the quickest quarter selling within 27 days and the slowest quarter taking more than 91, across 46 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 96 days.

The median sale price was $319,450.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 39% of sellers reduced their price before finding a buyer.

Median days to sell
45
Median sale price
$319,450
Sale-to-list ratio
96.7%
Sold above asking
11%

Based on 46 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

Schools in Kitchener

Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.

Rated schools
66
Elementary
57
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kitchener

  • David Saint-Jacques — secondaryFraser rating 8.4/10
  • St. Josephine Bakhita — elementaryFraser rating 7.9/10
  • J W Gerth — elementaryFraser rating 7.7/10
  • Pope John Paul II — elementaryFraser rating 7.6/10
  • St Teresa — elementaryFraser rating 7.6/10
  • Cameron Heights — secondaryFraser rating 7.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 425 - 525 NEW DUNDEE ROAD