Maintenance Fees
Flats at Rainbow Lake vs The Doon South Area
for rent
39 Days on Strata
- Est Lease Timeframe:
- 23 Days
703 - 525 New Dundee Rd
$2,600/mth
2 Beds
2 Bath
1 Parking
1,055 SQFT
Price History
- Property Type:
- Condo
- Possession Date:
- Dec 1
- Lease Term:
- 1 Year
- Utilities Included:
- No
- Furnished:
- No
- Outdoor Space:
- Balcony
- Laundry:
- Ensuite, Main
- Locker:
- None
- Exposure:
- North
Amenities
Gym
Party Room
Sauna
Rec Room
About this Listing
Discover elevated living in this beautifully designed 2-bedroom, 2-bathroom condo nestled in the peaceful surroundings of Rainbow Lake. Located on the 7th floor, Unit 703 offers stunning views and 1,055 square feet of contemporary comfort. The open-concept layout seamlessly connects the kitchen, living, and dining areas, creating a bright and airy atmosphere perfect for relaxing or entertaining. Enjoy cooking in the modern kitchen, complete with stainless steel appliances and generous cabinet space. Step outside onto your private balcony and take in the serene views of Rainbow Lake and its surrounding conservation area. The primary bedroom features a spacious walk-in closet and a 3-pieceensuite, while the second bedroom also offers ample storage and natural light. Residents of this sought-after community enjoy a host of upscale amenities, including a fitness center, yoga studio with sauna, library, social lounge, party room, pet grooming station, and direct access to the tranquil trails of Rainbow Lake. Don't miss your chance to lease this exceptional unit in one of Kitchener's most desirable locations where natural beauty meets modern living.
ExtrasDishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
corcoran horizon realtyMLS® #X12460200
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Not Included
- Air Conditioning
- Not Included
- Water
- Not Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Not Included
- Heating Type
- Forced Air
- Heat Source
- Electric
- Air Conditioning Type
- Central Air
Dimensions
- Kitchen
- 13.19 x 10.27ft
- Living
- 10.11 x 11.58ft
- Dining
- 6.1 x 11.58ft
- Primary
- 10.11 x 12.6ft
- 2nd Bedroom
- 10.4 x 11.09ft
- Laundry
- 10.11 x 5.09ft
Building Spotlight
Similar Listings
Explore Doon South
Building Trends At Flats at Rainbow Lake
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
LOWchance of receiving
Multiple Offers
compared to other buildings in Doon South
Turnover of Units
On average, each unit is owned for
N/A
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 best value out of 11 condos in the Doon South neighbourhood
?
N/A
Appreciation Rank
Flats at Rainbow Lake has the highest ROI out of 11 condos in the Doon South neighbourhood
?
N/A
Rental Yield
Flats at Rainbow Lake yields the highest rent prices out of 11 condos in the Doon South neighbourhood
?
N/A
High Demand
Flats at Rainbow Lake is the most popular building out of 11 condos in the Doon South neighbourhood
?
N/A
Market Insights
Transaction Insights at Flats at Rainbow Lake
| 1 Bed | 2 Bed | |
|---|---|---|
| Price Range | $435,000 | No Data |
| Avg. Cost Per Sqft | $646 | No Data |
| Price Range | $1,900 - $2,250 | $2,350 - $2,750 |
| Avg. Wait for Unit Availability | No Data | No Data |
| Avg. Wait for Unit Availability | 24 Days | 25 Days |
| Ratio of Units in Building | 52% | 48% |
Market Inventory
Total number of units listed and leased in Doon South
