$2,100/mo
For rent: Apartment

Welcome to Rainbow Lake Retreat, a serene and peaceful sanctuary. This 1-bedroom, 1-bathroom unit at 525 New Dundee Road combines modern design with natural beauty. Featuring 705 square feet, the open layout integrates the living, dining, and kitchen areas into a spacious, comfortable setting ideal for both relaxing and entertaining. The kitchen is equipped with ample cabinets and stainless steel appliances to meet your culinary needs. The bedroom features a large closet, and the bathroom is conveniently located nearby. Step out onto the large balcony to enjoy additional outdoor living space. The property offers a range of amenities including a gym, yoga studio with sauna, library, social lounge, party room, and a pet wash station. Located next to Rainbow Lake, you'll have easy access to the lake, trails, and more. Experience contemporary living in this well-appointed condo in Kitchener. Make this exceptional condominium your next residence in Kitchener at Rainbow Lake!
Sold data
Apartment homes in Kitchener took a median of 43 days to sell over the last 90 days, with the quickest quarter selling within 26 days and the slowest quarter taking more than 73, across 59 recorded sales.
The median sale price was $329,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
Based on 59 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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