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For saleListed todayMLS® X14089720

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

Kitchener · Near Homer Watson Blvd · View map

$394,900
1Beds
1Baths
600–699Sq ft
Condo apartmentType
$316/moMaint. fee
1 totalParking
$3,324/yrTaxes
Call / Text Will
$394,900
Parking includedComes with the home
Newer homeUp 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
Style
1 Storey/Apt
Square footage
600-699 sq ft
Bedrooms
1
Bathrooms
1
Kitchens
1
Rooms
3
Basement
None
Faces
West
Level
5
Balcony
Open
Laundry
In-Suite Laundry
Approximate age
0-5 years

Ownership & fees

Ownership
Condominium
Maintenance fee
$315.74/mo
Fee includes
Common Elements
Complex
WSCP 784
Property management
Weigel Property Management
Pets
Allowed, with restrictions
Exterior
Concrete

Heating & cooling

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

Garage & parking

Total parking
1

Taxes & other

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

More

Price per sq ft
~$608 (at 650 sq ft)
Listed
Oct 17, 2026 · today
MLS® number
X14089720

The home and its surroundings

  • Library
  • School
  • School Bus Route
  • Lake/Pond

Included in the maintenance fee

  • Common Elements

Shared in the complex

  • Elevator
  • Exercise Room
  • Recreation Room
  • Sauna
Want to know something that isn’t listed?
Estimated monthly cost$2,186per 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 home and others at the same address 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 listing.

    Questions & answers

    Frequently asked questions about 516 - 525 New Dundee Road

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

    How much is 516 - 525 New Dundee Road listed for, and what would it cost each month?

    516 - 525 New Dundee Road is listed for $394,900. With 20% down ($78,980), the mortgage payment would be roughly $1,593 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $2,186 a month, all in. That figure is an illustration, not a quote.

    Is 516 - 525 New Dundee Road freehold or a condo, and is there a monthly fee?

    516 - 525 New Dundee Road is a condo apartment in Kitchener. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. 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.

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

    516 - 525 New Dundee Road has 1 bedroom and 1 bathroom. The listing gives the style as 1 storey/apt.

    Does 516 - 525 New Dundee Road have a garage and parking?

    The listing does not show a garage. In total the listing counts 1 parking space.

    Does 516 - 525 New Dundee Road have a finished basement?

    No. The listing shows no basement for this home.

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

    516 - 525 New Dundee Road is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.

    How big is 516 - 525 New Dundee Road?

    The listing puts the home between 600 and 699 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

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

    Heating is forced air (gas). 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.

    Are pets allowed at 516 - 525 New Dundee Road?

    Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.

    Where is 516 - 525 New Dundee Road?

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

    How long has 516 - 525 New Dundee Road been on the market?

    516 - 525 New Dundee Road was listed on October 17, 2026. It came on the market today. It is an active listing (MLS® X14089720). Listings here update from the board through the day and come down once a home sells.

    What are similar condos near 516 - 525 New Dundee Road asking?

    Similar condos for sale nearby right now include 225 - 525 New Dundee Road at $585,000 (2 bed), 310 - 110 Fergus Avenue at $399,999 (1 bed) and 123 - 1100 Lackner Place at $383,274 (1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 525 New Dundee Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address 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 home 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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