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    525 New Dundee Road

    Flats at Rainbow Lake
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    Highlights

    Property Type:
    Condo
    Number of Storeys:
    8
    Number of Units:
    184
    Condo Completion:
    2024
    Condo Demand:
    Medium
    Unit Size Range:
    649 - 1,148 SQFT
    Unit Availability:
    Low
    Property Management:

    Amenities

    Sauna
    Party Room
    Gym
    Visitor Parking
    Amenity details for reference only. Independently verify accuracy.

    About 525 New Dundee RoadFlats at Rainbow Lake

    Located at 525 New Dundee Road, Flats at Rainbow Lake is a 8-storey condo containing 184 units. These Kitchener condos for sale were completed in 2024 with units starting at 649 square feet, ranging up to 1148 square feet. What makes a Doon South condo for sale most appealing is all that the neighbourhood has to offer.

    Maintenance fees at 525 New Dundee Road are only $0.38, significantly lower than the city average of about $0.67 per-square-foot.

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included

    Listing History for Flats at Rainbow Lake

    Nov, 2025
    525 New Dundee Rd, unit 706 for sale
    Unit 706
    Nov 12, 2025125 days on strata
    ExpiredListed for $484,0001 bd | 1 ba | 842 sqft | 1 pkg
    525 New Dundee Rd, unit 203 for rent
    Unit 203
    Nov 12, 202535 days on strata
    TerminatedListed for $2,5502 bd | 2 ba | 1,055 sqft | 1 pkg
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    Listings For Sale

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    11

    Listings For Rent

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    Days on Strata

    Units at Flats at Rainbow Lake spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Doon South

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 11 condos in the Doon South area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    24
    Units were Rented over the past twelve months

    Best Value Rank

    Flats at Rainbow Lake offers the
    ?
    N/A
    best value out of 11 condos in the Doon South neighbourhood

    Appreciation Rank

    Flats at Rainbow Lake has the
    ?
    N/A
    highest ROI out of 11 condos in the Doon South neighbourhood

    Rental Yield

    Flats at Rainbow Lake yields the
    ?
    N/A
    highest rent prices out of 11 condos in the Doon South neighbourhood

    High Demand

    Flats at Rainbow Lake is the
    ?
    N/A
    most popular building out of 11 condos in the Doon South neighbourhood

    Market Insights

    Transaction Insights at Flats at Rainbow Lake

    1 Bed2 Bed
    Price Range$435,000No Data
    Avg. Cost Per Sqft$646No Data
    Avg. Wait for Unit AvailabilityNo DataNo Data
    Ratio of Units in Building52%48%

    Market Inventory

    Total number of units listed and sold in Doon South