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$438,888
Kitchener
#208 525 New Dundee Road, Kitchener, Ontario, N2P0K8
This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 850 sq ft of space. It has been on the market 8 days, fresher than the Kitchener average of 53 days.
1 BEDROOM PLUS DEN AT THE FLATS AT RAINBOW LAKE, JUST STEPS FROM SCENIC TRAILS! Welcome to Unit 208, a bright and spacious condo beside a private conservation area in Kitchener's Doon South community. Built in 2023, this accessible, carpet-free suite offers 864 sq. ft. of thoughtfully designed living space with nearly 9-foot ceilings, wide-plank flooring and pot lights throughout. The stylish kitchen features two-tone cabinetry and stainless steel appliances, flowing into the living room where sliding glass doors lead to your private west-facing balcony, an ideal spot for morning coffee or evening sunsets. The versatile den works as a home office or extra living space, while the oversized primary bedroom offers a large window and generous closet space. The 3-piece bath features a glass-enclosed walk-in shower, and a standout feature is the separate laundry room with a stacked washer and dryer and an entire wall of built-in storage. Building amenities include a fitness centre, sauna, party room, library and pet wash station. With easy access to shopping, Conestoga College and Highway 401, this location offers the best of both convenience and natural surroundings. An excellent opportunity for first-time buyers, downsizers or investors. Come see what The Flats at Rainbow Lake has to offer! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 53 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 1-bed single family in Kitchener has been listed for 8 days, which is 45 days fresher than the city average of 53. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $438,888, about 4.0× the local median household income of $110,000.
Carrying it typically needs a household income of about $85,730 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N2P)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice