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$489,000
Kitchener
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#222 525 NEW DUNDEE Road, Kitchener, Ontario, N2P0K8
This 2-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 912 sq ft of space.
Welcome to Rainbow Lake Retreat, a peaceful sanctuary! This 2 bedroom, 2 bathroom condo has a perfect combination of style, comfort, and natural beauty. This suite, which is located at 525 New Dundee Road, features 1004 square feet of living space that has been carefully planned to provide an elegant and convenient lifestyle. The living, dining, and kitchen spaces are all open to one another in a seamless concept that creates a large, cozy space that's perfect for relaxing and socializing with guests. The well-equipped kitchen has plenty of cabinet space and contemporary stainless steel appliances to meet and exceed your culinary need. Both bedrooms feature large closets, and the master suite features a 3 piece ensuite. Step outside onto your expansive balcony, offering additional living space for you to personalize and make your own. This outstanding property boasts an array of amenities such as a gym, yoga studio with sauna, library, social lounge, party room, and pet wash station. With it being situated beside the private conservation Rainbow Lake, it gives you easy access to the lake, trails and more. Don't miss the chance to reside in this prime locale, offering serenity, contemporary living, and exciting facilities. Make this exceptional condominium your next residence in Kitchener at Rainbow Lake! (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.
Long Listed: 145 days on market, against an average age of 54 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 2-bed single family in Kitchener is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $489,000, about 4.4× the local median household income of $110,000.
Carrying it typically needs a household income of about $95,519 (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