$2,650/mo
For rent: Apartment

Welcome to The Flats at Rainbow Lake Luxury Condo for Lease Experience elevated living in this stunning 7th-floor condo located in the prestigious Flats at Rainbow Lake community. Thoughtfully designed for comfort, convenience, and modern living, this beautiful residence offers a peaceful retreat surrounded by nature. Property Features: 2 Bedrooms 2 Bathrooms 1,004 sq. ft. of total living space 912 sq. ft. interior living space 92 sq. ft. private balcony, Bright, modern open-concept living space. Beautiful views of the surrounding trees and Rainbow Lake. Premium Building Amenities: Yoga & Meditation Room | Fitness Studio | Sauna | Library | Social Lounge & Party Room | Bike Room and 2 Outdoor BBQ.
Sold data
Apartment homes in Kitchener took a median of 48 days to sell over the last 90 days, with the quickest quarter selling within 25 days and the slowest quarter taking more than 91, across 47 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.
The median sale price was $345,000.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 47 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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