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    Doon South

    525 New Dundee Road

    Flats at Rainbow Lake
    4for Sale
    3for Rent

    Building Highlights

    Property Type:

    Condo

    Number of Storeys:

    8

    Number of Units:

    184

    Condo Completion:

    2024

    Condo Demand:

    No Data

    Unit Size Range:

    651 - 1,148 SQFT

    Unit Availability:

    Low

    Property Management:

    Weigel Property Management

    Amenities

    Security System
    Outdoor Pool
    Party Room
    Bike Storage
    Sauna
    BBQs Allowed
    Gym
    Visitor Parking
    Rec Room

    About 525 New Dundee Road — Flats at Rainbow Lake

    Located at 525 New Dundee Road, Flats at Rainbow Lake is a 8-storey condo containing 184 units. These Kitchener condos for sale were completed in 2024 with units starting at 651 square feet, ranging up to 1148 square feet. What makes a Doon South condo for sale most appealing is all that the neighbourhood has to offer.

    Maintenance fees at 525 New Dundee Road are only $0.36, significantly lower than the city average of about $0.67 per-square-foot.

    Maintenance Fees

    Included in Fees
    None
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Listing History for Flats at Rainbow Lake

    Mar 25, 2025 • 10 days on Strata
    leased
    $2,150
    613 - 525 New Dundee Rd
    1
    1
    1
    723 Sqft
    Mar 17, 2025 • 27 days on Strata
    leased
    $2,450
    425 - 525 New Dundee Rd
    2
    2
    1
    1056 Sqft
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    3

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    Building Trends At Flats at Rainbow Lake

    Days on Strata

    Units at Flats at Rainbow Lake spend an average of
    N/A
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Doon South

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    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

    0
    Units were Sold over the past twelve months

    Rented Units

    31
    Units were Rented over the past twelve months

    Best Value Rank

    Flats at Rainbow Lake offers the
    ?
    N/A
    best value out of 11 condos in the Doon South neighbourhood

    Appreciation Rank

    Flats at Rainbow Lake has the
    ?
    N/A
    highest ROI out of 11 condos in the Doon South neighbourhood

    Rental Yield

    Flats at Rainbow Lake yields the
    ?
    N/A
    highest rent prices out of 11 condos in the Doon South neighbourhood

    High Demand

    Flats at Rainbow Lake is the
    ?
    N/A
    most popular building out of 11 condos in the Doon South neighbourhood

    Market Insights

    Transaction Insights at Flats at Rainbow Lake

    1 Bed2 Bed
    Price RangeNo DataNo Data
    Avg. Cost Per SqftNo DataNo Data
    Avg. Wait for Unit AvailabilityNo DataNo Data
    Ratio of Units in Building42%45%

    Market Inventory

    Total number of units listed and sold in Doon South