Skip to content
Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
1 / 21
MLS® X14121828For SaleCondominium

208-525 New Dundee Rd

Kitchener, Ontario N2P 0K8

Map
1 / 21
208-525 New Dundee Rd, Kitchener, photo 1
Asking$438,888
Bedrooms
1
Bathrooms
1
Size
800–899sq ft
Per sq ft
$517at the range’s middle
Tax a year
$3,8802025 tax year
Parking
1none
Days on market
Members

The brief

About 208-525 New Dundee Rd

208-525 New Dundee Rd is a 1-bedroom, 1-bathroom condo in Kitchener, listed for sale at an asking price of $438,888 (MLS® X14121828).

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!

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$985/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 72 condos with 1 bedroom for lease in Kitchener right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,880 / 2025
MLS® number
X14121828
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
800-899 sqft
Listed on
Parking
None, 1 Parking
Listing brokerage: CORCORAN HORIZON REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
1 Storey/Apt
Municipality
Kitchener

Building

Size
800-899 sqft
Construction
Concrete

Inside

Bedrooms
1
Bathrooms
1
Bathroom Details
1 × 3pc
Basement Type
None
Kitchens
1

Parking

Garage Type
None
Additional Parking
1
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Condo maint.
$409

Rooms

RoomSizeFeaturesLevel
Kitchen3.94 × 4.1 m—Main
Living4.04 × 3.78 m—Main
Br4.41 × 5.44 m—Main
Laundry3.37 × 2.47 m—Main
Bathroom3.12 × 2.75 m3 Pc BathMain
Utility0.62 × 0.78 m—Main

Listing history

Buy/sell history for 208-525 New Dundee Rd, Kitchener, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$438,888N/AFor SaleX14121828

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $87,778

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$87,778
Total mortgage amount
$351,110
Total interest payment
$249,790
Total purchase cost
$688,678
Mortgage payment
$2,003/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

59%

Monthly carrying cost

$2,735
−$985per month
  • Rent $1,750
  • Shortfall $985

Rental income opens at $1,750, the median asking rent of 72 comparable homes for lease in Kitchener. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$5,253
Total land transfer tax
$5,253
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$1,253
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $438,888
$778
Ontario total
$5,253

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 8 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideA mapped wetland is within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 2.7 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas1 open development application within 250 mNearest airport: 8.9 kmA trail on the Ontario trail network within 1 km2 licensed pits or quarries within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Enova Power Corp.Fibre to the home, Cable, DSL internet listed for this area
On record Checked, none on record

Water and conservation3

  • A mapped wetland is within 120 mDevelopment close to a wetland can need extra review.120 m
  • No water-supply well recorded within 250 m13 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 2.7 m below ground nearbyThe middle water level in the well records within 500 m (72 records). It changes with the season and from spot to spot.500 m

Province of Ontario open data

Planning and building activity3

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Nearest airport: 8.9 km8.9 km

Province of Ontario open data · Municipal development applications

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • 2 licensed pits or quarries within 2 kmThe nearest is 1.4 km away, as mapped.2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Forterra Pipe & Precast Ltd. — Cambridge Plant, 2.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet2

  • Electricity is distributed here by Enova Power Corp.At the address
  • Fibre to the home, Cable, DSL internet listed for this areaFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.At the address

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Kitchener. Contains information licensed under the Open Government Licence – Ontario.

The market

Condos for sale in Kitchener right now

For sale now
158
Median asking price
$350K

Middle half: $300K to $399K

New in 7 days
15

65 in 28 days

Price cuts
20%

31 listings

This home is asking 25% above the median, higher than three quarters of them.

See all homes in Kitchener

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Willow River Public SchoolWaterloo Region DSBPublic · grades JK–8500 m—
Groh Public SchoolWaterloo Region DSBPublic · grades JK–8 · French Immersion1.5 km81%Grade 6 average
St Timothy Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–82.6 km80%Grade 6 average
ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–66.4 km61%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Huron Heights Secondary SchoolWaterloo Region DSBPublic · grades 9–124.5 km61%Grade 9 math
Preston High SchoolWaterloo Region DSBPublic · grades 9–124.8 km67%Grade 9 math
ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–126.5 km70%Grade 9 math
St Mary's High SchoolWaterloo CDSBCatholic · grades 9–126.5 km48%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Kitchener are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record