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For saleListed Aug 29MLS® X13724584

516 - 525 New Dundee Road, Kitchener, ON N2P 0K8

Kitchener · Near Homer Watson Blvd · View map

$399,900
1Beds
1Baths
600–699Sq ft
Condo ApartmentType
$316/moMaint. fee
1 totalParking
NoneLocker
$3,324/yrTaxes
Call / Text Will
$399,900
Parking includedComes with the unit
Open balconyYour own outdoor space
Ensuite laundryWasher and dryer in the unit
Pets allowedWith building restrictions
Newer buildingUp to 5 years old
Central airCool all summer

About this home

Welcome to Unit 516 at 525 New Dundee Road in Kitchener, located in The Flats at Rainbow Lake in desirable Doon South. This bright and modern 1-bedroom, 1-bathroom condo features a functional open-concept layout with combined kitchen, dining, and living areas, modern finishes, stainless steel appliances, and in-suite laundry. Large windows provide plenty of natural light, while the private balcony offers additional outdoor living space.Building amenities include a fitness centre, sauna, library, party room, social lounge, pet wash station, and a beautifully designed outdoor patio with BBQ area. Located near Rainbow Lake, walking trails, parks, and green spaces, with convenient access to Highway 401, Conestoga College, shopping, restaurants, public transit, and everyday amenities. A great opportunity for a first-time buyer, investor, professional, or downsizer looking for modern, low-maintenance living in Kitchener.

The home

Type
Condo Apartment · 1 Storey/Apt
Square footage
600-699 sq ft
Bedrooms
1
Bathrooms
1
Kitchens
1
Rooms
3
Floor
5th
Exposure
West
Balcony
Open
Laundry
In-Suite Laundry
Approximate age
0-5 years

Building & fees

Maintenance fee
$315.74/mo
Fee includes
Common Elements
Condo corporation
WSCP 784
Property management
Weigel Property Management
Pets
Allowed, with restrictions
Locker
None
Exterior
Concrete

Heating & cooling

Heating fuel
Electric
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Parking

Parking spaces
1
Parking features
Reserved/Assigned

Taxes & other

Property taxes
$3,324/yr
Tax year
2025
Occupancy
Vacant
Possession
Immediate
Cross street
Homer Watson Blvd

More

Price per sq ft
~$615 (at 650 sq ft)
Listed
Aug 29, 2026 · 43 days ago
MLS® number
X13724584

Included in the maintenance fee

  • Common Elements

The unit and its surroundings

  • Carpet Free
  • Water Heater
Want to know something that isn’t listed?
Estimated monthly cost$2,206per month, all in
  • Mortgage
  • Property tax
  • Maintenance fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    525 New Dundee Road, Kitchener, ON N2P 0K8

    Kitchener · Near Homer Watson Blvd

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    Sold history

    Listing history for 525 New Dundee Road

    See what this unit and others in the building were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every condo.

    Questions & answers

    Frequently asked questions about 516 - 525 New Dundee Road

    Answers come straight from this condo’s MLS® listing.

    How much is 516 - 525 New Dundee Road listed for?

    516 - 525 New Dundee Road is listed for $399,900. With 20% down ($79,980), the mortgage payment would be roughly $1,613 a month at 4.5% over 30 years, before the maintenance fee and property tax. That figure is an illustration, not a quote.

    How many bedrooms and bathrooms does 516 - 525 New Dundee Road have?

    516 - 525 New Dundee Road has 1 bedroom and 1 bathroom.

    How big is 516 - 525 New Dundee Road?

    The listing puts the unit between 600 and 699 sq ft. The board reports a range rather than an exact figure, and it does not include a balcony or terrace.

    What type of home is 516 - 525 New Dundee Road?

    516 - 525 New Dundee Road is a condo apartment in Kitchener. The unit is on the 5th floor, facing west.

    What are the maintenance fees at 516 - 525 New Dundee Road, and what do they cover?

    The maintenance fee is $315.74 a month. The listing says it covers common elements. Fees can change, so confirm the current amount in the status certificate.

    Does 516 - 525 New Dundee Road come with parking and a locker?

    The listing includes 1 parking space. There is no locker with the unit.

    Are pets allowed at 516 - 525 New Dundee Road?

    Pets are allowed, with restrictions. Buildings often limit the size, number or type of pet, so check the condo rules before you offer.

    How is 516 - 525 New Dundee Road heated and cooled?

    Heating is forced air (electric). Cooling is central air.

    What are the property taxes for 516 - 525 New Dundee Road?

    Property taxes are $3,324 a year (2025), or about $277 a month.

    What neighbourhood is 516 - 525 New Dundee Road in?

    516 - 525 New Dundee Road is in Kitchener. The nearest main intersection is Homer Watson Blvd. The postal code is N2P 0K8.

    Is 516 - 525 New Dundee Road still for sale?

    Yes. 516 - 525 New Dundee Road is an active listing (MLS® X13724584), on the market since August 29, 2026. Listings here update from the board through the day and come down once a condo sells.

    What have condos at 525 New Dundee Road sold for?

    Recent sales, leases and expired listings for this unit and the rest of the building are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 516 - 525 New Dundee Road?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

    Have a different question? Ask about this condo and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

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